• Thursday, December 05, 2024
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BusinessDay

Tax reforms leave no escape route for evaders

The debate over the proposed tax reform is not likely to abate soon. Too many interests seem to swell around it. But some jobs are not as easy as they have negative appellation affixed to them. That seems to be the lot of the man on whose shoulders the government at the centre has sent out to go and convince the army of doubting Thomases out there. What a crown of thorns! Again, what does the Nigerian ruling class make of the latest forecast by the Economist Intelligence Unit (EIU)? Just the usual laissez-faire attitude?

Taiwo Oyedele, chairman of the Presidential Tax Reform Committee

Nigeria’s tax evaders will have a hard time when the ongoing fiscal reforms are concluded. These reforms will ensure equity and protect poor and vulnerable citizens, according to Taiwo Oyedele, chairman, Presidential Fiscal Policy and Tax Reforms Committee. In an exclusive interview with BusinessDay, Oyedele said under the new reforms, intelligence and vital data of all eligible tax payers will be linked within the Nigerian economy using the National Identity Number (NIN). “Based on the way we are designing the system, we are connectin