There has been a perennial call by Zainab Ahmed, the Minister of Finance, Budget, and National Planning, for the federal government to secure more revenue for the running of the economy.

This, she echoed, when she recently hinted at possible new taxes, tariffs, and levies that are likely to be imposed on Nigerians this year (2022).

Addressing stakeholders at a public hearing of the 2021 finance bill, which according to her, was designed to support Nigeria’s 2022 fiscal year, the minister said there is a higher chance that modest increases in taxes and tariffs would be imposed on businesses and individuals as the year progresses.

According to her, a couple of reforms and amendments had been recommended in the draft 2021 finance amendment bill, and more would be introduced by mid-2022...

Read More: https://bizwatchnigeria.ng/can-tax-development-shape-nigerias-future/