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Tax reforms taking too long

The reforms are long overdue. Nigeria has failed to maximise taxation benefits due to large-scale evasion and non-compliance, multiple taxation, insufficient database, tax touting, high cost of collection, and gross inefficiencies in the system.

Fuel, foods lead as imports hit N12tn

Refined petroleum products and agricultural food imports constituted the major items imported by Nigerians into the country

Tariff hike, FX volatility hurting maritime sector –Shippers – The Sun Nigeria

FG proposes reduction of tax collection costs to 1%, daily sharing of FAAC funds – The Sun Nigeria

Nigeria: Pftr C'mittee Canvasses 1 Percent Revenue Cost of Collection