He reaffirmed the state government’s commitment to supporting the federal government’s tax reform efforts.
Mr Akpabio commended the finance committee and senators for their thorough work.
The opportunity is here. We need to seize it and make it work for everyone.
A customs and tax expert, Okey Ibeke, says the duties of the Nigeria Customs Service are not only limited to revenue collection but involve highly technical operations.
FRC chair stated that the bills’ main objectives align with the Fiscal Responsibility Act 2007 principles.
The chairman’s proposed changes to tax administration are about ensuring that every Nigerian has access to the services they deserve and can rely on the system to work for them.
He faulted the concerns raised about the timing and the speed of the bills.
He said that the progressive VAT reforms would reduce and not increase inflation.
