Nigeria’s Vice President, Kashim Shettima has said that President Bola Tinubu-led Federal Government is more concerned with modernising the country’s tax code than burdening Nigerians excessively.
This was as he claimed that the increasing tax burdens on Nigerians is not the administration’s primary goal; rather, it is to increase tax collection efficiency.
Shettima made this known on Thursday while when he hosted a group from the Chartered Institute of Taxation of Nigeria (CITN) at the Presidential Villa in Abuja.
He said: “The focus of the President Bola Ahmed Tinubu administration is not to increase the tax burden on Nigerians but to improve the efficiency of tax collection. That is our fundamental motive.
“As you go across every state, you get to at least five or six places where you have to pay all sorts of fictitious taxes that do not get to the pockets of the government.”