Forum seeks just tax regime

Margaret Ulanmo, Lagos

Participants in a forum on tax administration in Nigeria have called on the government to ensure an inclusive, simplified and automated tax regime.

They also suggested an enhanced tax collection, remittance and administration system.

Speaking at the 8th Wole Soyinka Centre Media Lecture Series, Mrs. Adebimpe Balogun, the lead speaker, who was the first female president of the Chartered Institute of Taxation of Nigeria, encouraged the citizens to fulfil their obligation to the government by paying tax, for the country’s development to be further enhanced.

The Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler said journalists should be better informed on tax issues and leverage on available data to educate the citizenry.

He said the agency was exploring ways and means to ensure people pay their taxes.

Tax payment
The Chairman of the Wole Soyinka Centre for Investigative Journalism, Mr.  Ropo Sekoni enjoined all stakeholders to play their roles in ensuring there is a successful tax regime in Nigeria.

He said as much as government has its role in development, citizens also have responsibilities in paying taxes to the national coffer.

The Wole Soyinka Media Lecture Series has participants from the private sector, civil society, small and medium scale enterprises and the media. The forum raised critical questions on how taxation affects their operations, its importance to development and why there is low compliance rate.

It also discussed the need to deploy technology for increased ease of payment and trust in government for judicial use of funds generated from taxation.

The Wole Soyinka Centre Media Lecture Series commemorates the birthday of the Nobel Laureate annually and debates critical issues affecting Nigeria. The 8th in the series, organised by the Wole Soyinka Centre for Investigative Journalism was for the Literature icon’s 82nd birthday.