Business
FG To Recruit 7,500 Graduates As Tax Advocates
The Federal Government says it will recruit 7,500 graduates as Community Tax Liaison Officers to raise tax awareness among citizens.
The Minister of Finance, Mrs Kemi Adeosun, along with the Chairman, Federal Inland Revenue Service (FIRS), Mr BabaTunde Fowler, made this known at a joint press briefing in Abuja, yesterday.
Adeosun said that the recruits would be expected to go to schools, churches, mosques, markets and other social places to educate people on the tax system and let them know their obligations.
She said that through this initiative, the government expected to increase the number of tax payers by 35 per cent, from 14 million to about 17 million in two years.
“We will be recruiting them through N-Power and they can apply through the website of the Federal Ministry of Finance or through the N-Power website.
“It’s a two year fixed contract and they will be deployed to states, attached to state Internal Revenue Service or FIRS.
“Their job is to improve the level of education on the Nigeria’s tax system.
“Our tax system is progressive, meaning those who earn less should pay less and those who earn more should pay more.
“A lot of people don’t know that. So it’s a chance to get people on ground to answer all these pertinent questions,” she said.
Adeosun said that graduates of accounting, economics, mathematics and other relevant courses would be given priority under the programme.
She, however, encouraged intelligent graduates interested in a career in tax administration to apply as the government planned to sponsor the recruits to become tax professionals.
“This exercise is extremely important for the fiscal sustainability of states because as you know, most of the revenue for states apart from FAAC is supposed to come from tax.
“So if we improved the number of tax payers, we will be improving the fiscal health of our state governments as well as the Federal Government.
“It’s an important initiative for the nation as we undertake reforms to reduce our over dependence on oil.
“We have to make sure that everyone who is economically active pays tax, no matter how little, they have to contribute to the pool,” she said.
On the remuneration, Adeosun said the recruits would be paid N30, 000 monthly and they stood to receive performance-based incentives measured by the number of people they enrolled during the two year period.
The FIRS chairman reiterated that tax evasion was a punishable offence in the country.
He said that the tax tribunal was being reconstituted as tax dodgers would be prosecuted.
Fowler encouraged citizens to be law abiding and pay their tax.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
News2 days agoDon Lauds RSG, NECA On Job Fair
-
Transport6 hours agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Transport6 hours agoWest Zone Aviation: Adibade Olaleye Sets For NANTA President
-
Rivers5 hours ago
Fubara Restates Continued Support For NYSC In Rivers
-
Transport6 hours agoWhy Air Fares Increaseing, Other Related Challenges……. A O N Spokesperson.
-
Niger Delta3 hours agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
News5 hours agoDiocese of Kalabari Set To Commence Kalabari University
-
Oil & Energy6 hours agoElectricity Consumers Laud Aba Power for Exceeding 2025 Meter Rollout Target
