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No Plans For Tax Increase- FG

We have the inaugural meeting of the committee and workshop next week Tuesday

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The Federal Government has stated that it has no intentions to raise taxes or impose additional financial responsibilities on the nation’s taxpayers.

Me Taiwo Oyedele, Chairperson of the Presidential Committee on Fiscal Policy and Tax Reforms, clarified this position while addressing unverified claims about the government’s purported intention to raise taxes on Tuesday, August 15th.

Oyedele noted that the federal government wants to reduce the country’s over 60 official taxes down to a single-digit tax number.

“We are confident that this is possible with the support of everyone and we will continue to do what we can to close the tax gap to generate revenue instead of increasing taxes.

“We have the inaugural meeting of the committee and workshop next week Tuesday and more information will be provided to the public afterwards.”

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