Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Alhaji Muhammed Shehu, has tasked Nigerian on compliance with the payment of taxes to boost revenue generation in the country. Shehu made the call in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. He also urged Ministries, Departments and Agencies (MDAs) alongside private business owners to remit to the Federal Government coffers as and when due to avoid sanctions. Shehu said that revenues generated from payment of taxes would be utilised for better services and infrastructural development in the country for the benefit of all citizens. The chairman, who reiterated the need to enlarge the nation’s tax base, added that barely less than 40 million Nigerians pay taxes.
According to him, this is low for a country with high population. ” The Federal Government and tiers of the federation are concerned with how to make more revenue by blocking leakages,” he said. While reflecting on Nigeria’s years of existence, Shehu said that the country’s 63rd Independence Day Anniversary was a significant milestone. He added that it was time for Nigerians to look back on the progress made and the challenges confronting the nation since its independence. “ Nigeria gained independence from British colonial rule on Oct. 1, 1960. Since then, the country has made significant strides in various aspects of development, including politics, economy, culture, and more. It is a time to honour the sacrifices and contributions of those who fought for Nigeria’s independence and to appreciate the diverse cultures and traditions that make the country unique. It is also an opportunity to reaffirm our commitment to unity, peace, and progress as Nigeria continues its journey forward,” he said. (NAN)