Senate president, Bukola Saraki calls for review of Nigeria’s tax laws

Senate president, Bukola Saraki has called for the urgent review of the nation’s tax laws to make for a more efficient and productive tax system in the country.

Saraki, who gave the charge while inaugurating the Technical Committee on Reforming Nigeria’s Tax System at the National Assembly in Abuja, said the Federal Government’s target should not only be that of increased revenue, but evolving a tax system that was productive and efficient.

He lamented that there still existed a lot of duplication in the tax regime and called on the committee to harmonize the various tax instruments in order to make for greater ease of doing business in the country.

He called for the expansion of the technical committee to include major players in the private sector in order to have their input rather than giving them directives during the implementation of the expected reforms

Leave a Reply