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Nigeria's government hopes to boost its income through better tax collection |
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More than 800,000 companies in Nigeria, including government contractors, have never paid any taxes, Finance Minister Kemi Adeosun has revealed.
In a statement, she also said that only 14 million Nigerians, out of an economically active base of 70 million, paid taxes.
Ms Adeosun said there was "systematic tax evasion at all levels", and the government planned to step up efforts to increase tax collection.
This would help reduce government reliance on oil revenue, she added.
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Date
Published : 11/6/2017 12:40:00 PM |
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