Index to Nigerian Newspapers

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Bello Shehu, has stated that out of 200 million Nigerians, only 40 million pay tax. He believes that the tax reform act and revenue committee aim to ensure that the informal sector and economy contribute to the tax net. Shehu also expressed concern about the lack of taxation for many Nigerians and businesses, stating that the government is not taxing Nigerians. He emphasized the need for the tax agency to collaborate with Nigerian customs and identify individuals' National Identify Numbers when importing cars. Shehu supports the removal of the subsidy, stating that Nigeria is subsidizing the entire West African sub-region and is in danger of bankruptcy. The removal of the subsidy would free money for various projects, including infrastructure, roads, rail lines, schools, and hospitals, and would generate more revenue for the three tiers of government.