By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Less than 40 million Nigerians pay taxes, says RMAFC boss
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Less than 40 million Nigerians pay taxes, says RMAFC boss
RMAFC
News

Less than 40 million Nigerians pay taxes, says RMAFC boss

By Author
Last updated: 2023/09/18 at 2:02 PM
By Author Published September 18, 2023
Share
RMAFC
SHARE

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Muhammad Shehu, has revealed that fewer than 40 million Nigerians are currently paying their taxes.

He emphasized the need for citizens to fulfill their tax obligations to bolster government revenue and enhance service delivery.

Shehu expressed concern over this low number, especially for a country with a population exceeding 200 million.

READ ALSO: HDAN reacts to rise in abandoned houses littering Nigeria

He made these remarks during an interview with the News Agency of Nigeria and clarified that political officeholders in Nigeria do not receive exorbitant salaries, contrary to popular belief.

Furthermore, Shehu disclosed that the commission has developed software to improve transparency in revenue generation and distribution among the three tiers of government.

He praised the establishment of a Tax Reform Committee by President Bola Tinubu, believing it would facilitate the inclusion of economic players from the informal sector in the tax system.

AFRICA HOUSING SHOW 2024-Benue
AFRICA HOUSING SHOW 2024

Regarding tax evasion, Shehu urged the Federal Inland Revenue Service (FIRS) to collaborate with the Nigeria Customs Service (NCS) to identify individuals or groups evading taxes.

He stressed the importance of tax payments, as they fund essential services such as infrastructure development, healthcare, and social security.

Addressing recent public criticism regarding reports of a proposed 114 percent salary increase for political officeholders by the commission, Shehu clarified that this information is untrue.

READ ALSO: Surging Food Prices Drive Nigeria’s Inflation To 25.8% In August

He explained that RMAFC has the constitutional responsibility to determine and review the salaries of executive, legislative, and judicial officers. These salaries were last reviewed in 2007, and no further review has occurred since then.

Shehu assured the public that the commission would not consider a salary increase at this time, given the economic challenges facing Nigerians.

He debunked the notion of exorbitant earnings by lawmakers, explaining that what people perceive as such are actually statutory office running costs, which should ideally be centrally managed by the National Assembly Service Commission.

READ ALSO: Benue Leaders Oppose Federal Government Plan to Build Houses for Fulani Herders

You Might Also Like

HDAN Hails Shehu Osidi @ 60: A Man of Vision

FG Tax Reforms Set to Ease Pressure on Property Market, Encourage Affordable Housing

Umuahia Children’s Centre Cries Out for Government Support as Conditions Worsen

Senate to Host National Security Dialogue as Violence Escalates Nationwide

FG Begins Overhaul of NYSC, Proposes Specialized Teachers and Medical Corps

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: AFFORDABLE HOUSING, Africa housing news, Construction, Housing, Latest Housing News & Updates - Africa Housing News, news, nigeria, Nigerians, real estate, Tax, trending news
By Author September 18, 2023 September 18, 2023
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?