Nigeria has the potential to quadruple its revenue if it can address widespread tax non-compliance, the Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has said.
Speaking Monday at the 30th edition of the Nigerian Economic Summit, Mr Oyedele outlined the need for urgent tax reforms, stating that the country is losing significant fiscal opportunities due to rampant tax evasion and an overly complicated tax regime.
He argued that the current tax gap…
Read the full article here