We’ll ensure eligible Nigerians pay tax- Buhari
Written by City Radio on October 7, 2022
President Muhammadu Buhari on Friday said efforts are being accelerated to ensure all taxable Nigerians declare their incomes and pay the right taxes to the appropriate authorities.
Buhari made this known when he presented the 2023 Appropriation Bill of N20.52 trillion to the joint session of the National Assembly in Abuja.
The president identified revenue shortfall as the greatest threat to Nigeria’s fiscal viability, saying that special attention will also be given to revenue generating agencies.
Buhari said he is happy to report that the revenue collection and expenditure management reforms are yielding positive results as reflected in non-oil revenue performance.
The National assembly had approved the medium-term expenditure framework (MTEF) and Fiscal Strategy Paper (FSP) — parameters on which the 2023 budget will be framed.
While presenting the details, Buhari said the 2023 transition budget was designed to address critical issues and lay a solid foundation for the incoming administration.