Tinubu Directs Single-digit Tax System, Halts Taxes Increase

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Naijanews March 28, 2024 7:14 a.m.

Tinubu Directs Single-digit Tax System, Halts Taxes Increase

He said:“The president gave a directive that he wants a single digit tax in the country, meaning that the maximum number of taxes we will have after the work of the presidential committee on fiscal policy and tax reforms will be nine taxes “For us at FIRS, we have responded to that directive.

The chairman said the FIRS will not introduce additional taxes nor increase any form of taxes, adding that the agency is only determined to increase the “pie”.

“By God’s grace, we will not introduce additional taxes nor increase any form of taxes.

We are partners in progress.” Adedeji said the president, through the consumer credit scheme recently introduced which will be launched soon, intends to increase the purchasing power of Nigerians to boost the productive capacity of companies and stimulate growth.

“If you are in a large tax group, you only need to go to one office to pay all forms of taxes, including audit and other activities..

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