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Only 30% Of Nigerians Pay Tax, Says Akpabio - Politics - Nairaland 1a5uu

Only 30% Of Nigerians Pay Tax, Says Akpabio (6813 Views)

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Antoeni(m): 2:56pm On Feb 24
Senate President, Godswill Akpabio, has stated that less than 30% of Nigerians pay taxes to the Federal Government.

Despite this, he said, citizens expect the government to deliver top-tier infrastructure, education, security, and other essential services.

Akpabio made this known on Monday while declaring open a public hearing on tax reform bills sent to the National Assembly on October 3, 2024, by President Bola Tinubu.

He emphasised the necessity of tax reforms, noting that the country cannot continue to repeat past practices without meaningful change.

According to him, once the bills are ed, the National Assembly will strengthen its oversight to ensure resources are used judiciously.

He urged Nigerians to engage with the legislative process instead of relying on social media narratives.

“The public hearing should be used to think of a better Nigeria.

“I will stay for two days and participate in the process because I am tired of social media. Most leaders in this country never saw the content of the bills before attacking the process,”
Akpabio said

He encouraged participants to obtain copies of the tax reform bills and scrutinise them thoroughly rather than depending on misinformation.

Among those present at the hearing were the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Attorney-General of the Federation, Lateef Fagbemi (SAN); Chairman of the Federal Inland Revenue Service, Zacch Adedeji; and the Comptroller-General of the Nigeria Customs Service.

Earlier, the Chairman of the Senate Committee on Finance, Senator Sani Musa (APC, Niger East), highlighted the significance of the tax reform bills. He noted that the committee had invited 71 stakeholder groups to contribute to the discussions.

“Both the Senate and the House of Representatives have done the second reading on the reform bills and are ready for the public hearing.

“The bills have been read by all of the committee with a better understanding of what they are aimed at, particularly in the areas of tax istration, collection, and operations in Nigeria,”
Musa said.

He further explained that the bills were designed to enhance government revenue and ensure economic sustainability.

“The main purpose of the reform bills is to see how the government will generate more revenue so that we’ll be able to put our country on the pedestal of advanced economies where infrastructure, education, agriculture, and other key sectors will be adequately taken care of,” he added.

The tax reform bills under consideration include the Nigeria Tax Bill (NTB) 2024, the Nigeria Tax istration Bill (NTAB) 2024, the Nigeria Revenue Service (Establishment) Bill (NRSEB) 2024, and the t Revenue Board (Establishment) Bill (JRBEB) 2024. These bills ed a second reading in the Senate on November 28, 2024, and were forwarded to the Committee on Finance for further legislative scrutiny.


https://punchng.com/only-30-of-nigerians-pay-tax-says-akpabio/

4 Likes

Antoeni(m): 2:59pm On Feb 24
Can you Imagine What is Coming Out From
Most Useless Senseless Irresponsible Insensitive Indisciplined Unserious Nigeria Senate President Ever.

Is The Tax The Problem or Those Stealing and Misappropriating it?

86 Likes 6 Shares

Namaster: 3:00pm On Feb 24
That is 30% too many!

Dishonourable Akpabio is BITCHING about lack of funds to foster developments in education, infrastructure, security and other ESSENTIAL services MEANWHILE the combined National Assembly receive INSANE amount of money in annual allowances and NEW CARS.

The THIEVES in government are EAGER to the blame to people earning #70k as minimum wage while they RAID the National Coffers and LOOT borrowed funds and awarded grants.

You FAILED to show proof of TANGIBLE developments with the resources in your possession yet you're asking for MORE?!

FOOLS!

As a Nigerian, it is your PATRIOTIC OBLIGATION to NEVER pay tax!

DON'T sponsor the lavish lifestyles of looting LOUTS!

56 Likes 3 Shares

Antoeni(m): 3:02pm On Feb 24
What is the Percentage of Nigerians that Benefits from the Tax?

Mumu Man

64 Likes 4 Shares

Georgry(m): 3:04pm On Feb 24
angry

1 Like

Softmirror: 3:04pm On Feb 24
🥴

1 Like

Sheuns(m): 3:05pm On Feb 24
grin
As usual, no statistics to back it up.

11 Likes 2 Shares

Antoeni(m): 3:05pm On Feb 24
The calculation is very easy to understand. That tells you its only 30% of Nigerians are working and living fine 💯

50 Likes 3 Shares

Soulsymbol99: 3:20pm On Feb 24
Only 10% of Nigerians are eating the national cake angry

10 Likes 1 Share

CodeTemplar: 3:20pm On Feb 24
How many has any worthy form of connection to the govt or uses at least 3 govt amenities?

4 Likes

BlackfireX: 4:18pm On Feb 24
grin



This man just disgracing calabar people.



Natasha please give this man B..J or 1 minite quickie



grin

5 Likes

dododawa1: 4:29pm On Feb 24
akpabio needed






paracetamol

2 Likes

Racoon(m): 4:34pm On Feb 24
Meanwhile, this rogue and others in the NASS and executive are the ones living off @ the instance of the taxpayers.

Abi no he this idiot that was sending millions "prayer email" to fellow senators while saying "Nigerians can be protesting of hungers and hardship but we will be eating here "

8 Likes

Kaycee9242(m): 4:57pm On Feb 24
The 30 percent you agreed to have collected what have you achieved with it?

3 Likes

mayorcassa977: 5:00pm On Feb 24
He no lie
lilfreezy: 5:25pm On Feb 24
Y'all wanna tax poverty?

7 Likes

motionarena: 5:25pm On Feb 24
Why would I pay tax?
When u all embezzle the money.

Everyone is his/her own government here

4 Likes

CoronaVirusPro: 5:26pm On Feb 24
And those 70% that don’t pay are the ones who want Nigeria to sur the UK.

They cannot pay in Nigeria but will run to another country to go pay same taxes.

1 Like 1 Share

franchasng: 5:26pm On Feb 24
Nigeria ought to be a tax free nation to start with.



All the trillions being made from crude oil revenue, other mineral resources and VAT, what have the government used it for? No security of lives and property in Nigeria, no steady electricity, no good roads, no water supply, nothing is working. So Mr Akpabio tell us why Nigerians should pay tax in Nigeria; to fund the luxury life of criminals in power?

3 Likes

femi4: 5:26pm On Feb 24
Antoeni:


https://punchng.com/only-30-of-nigerians-pay-tax-says-akpabio/
What percentage of employable citizens are working...yeye man

3 Likes 1 Share

Gotocourt: 5:26pm On Feb 24
How much do you embezzle, idiot . It's gettat arraherrrrshocked

3 Likes

Dinieoj(f): 5:27pm On Feb 24
How many percent are gainfully employed?

2 Likes

omoredia: 5:27pm On Feb 24
What have u been able to achieve with it? Crook

2 Likes

SarkinYarki: 5:27pm On Feb 24
This is a lie , there is no Nigerian that doesnt pay one form of tax or the the other

7 Likes

Yobabad: 5:27pm On Feb 24
So want more people to pay tax so that you and ur irks will steal more

2 Likes

Skoonheid(f): 5:27pm On Feb 24

1 Like

completeskills(m): 5:28pm On Feb 24
This man.... He will just be ditching out unverified statistics. He should know he is the no 3 citizen and not a beer parlour analyst.


"According to him, once the bills are ed, the National Assembly will strengthen its oversight to ensure resources are used judiciously."



What can't it be strengthen right now so that the one collected can be used judiciously? If you can not be trusted with little..no miracle will occur when much is at stake.
nairalanda1(m): 5:28pm On Feb 24
cheesy cheesy cheesy cheesy cheesy cheesy cheesy

Unfortunately, he is right.

This is from the BBC, an organisation that blasts tinubu's goivernment regularly.

Source

Getting more people to pay tax
In 2018, 19 million Nigerians paid into federal or state coffers, according to government data.

A World Bank report in that year put the country's economically active population at 65 million - so even with rising numbers of taxpayers in recent years, that is still less than 30% paying tax.

The government has been going after individuals that it believes are liable for tax and have not been paying.

Two years ago, the country offered a 12-month amnesty for Nigerians to declare and pay taxes on all previously undeclared income and assets to avoid penalty payments and possible prosecution.

A World Bank report last year said this was only partly successful with just 8% of the target achieved by the end of the amnesty period.

However, many Nigerians will be reluctant to pay taxes because of concerns the money raised may be siphoned off instead of being spent on health, education and other public services
.

That was from 2019. And up till now the situation has not changed

Shows thatr

1. APC has failed to raise money from taxes

2. Also shows why our economy, in a way, is always cash strapped

I did not say there is no corruptuion and stealing o.

All abuse will now be reported to the mods.
CoronaVirusPro: 5:28pm On Feb 24
franchasng:
Nigeria ought to be a tax free nation to start with

Exactly, A nation with over 200 million people should be tax free.
bewisemasses: 5:28pm On Feb 24
Lol at d comments up there. Make una allow this man do his job. D man sef surprise say him wey suppose d jail; him wey de complain of pneumonia say e no fit go court come miraculously become senate presidio. E don well now sote na so so rubbish d comot for im mouth. Ah Naija!
Image123(m): 5:28pm On Feb 24
Na statistics we go chop?

1 Like

spiSeyi: 5:29pm On Feb 24
CoronaVirusPro:
And those 70% that don’t pay are the ones who want Nigeria to sur the UK.

They cannot pay in Nigeria but will run to another country to go pay same taxes.
And how well have they managed the 30% undecided he who is faithful in little will be faithful in many

1 Like

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