The scheme is an attempt by the government to increase the country's tax base with at least an additional four million taxpayers expected to boost the numbers.
Acting President signs executive order on tax programme
The scheme is an attempt by the government to increase the country's tax base with at least an additional four million taxpayers.
Recommended articles
![Tinubu secures $600m seaport investment from Danish company [Presidency]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Tinubu secures $600m seaport investment from Danish company [Presidency]")
Osinbajo signed the executive order at the State House Conference Centre, Abuja, declaring every Thursdays tax days.
ALSO READ: Acting President presides over FEC
The scheme grants tax payers a grace period of nine months to regularise their tax status or face prosecution from the government. The grace period will run from July 1, 2017 till March 31, 2018.
ADVERTISEMENT
At the signing, the Acting President explained the motivations behind the executive order, saying it is "specially targeted at taxpayers who have not been fully declaring their taxable income and assets, those who don’t pay at all and those who have been underpaying or under remitting"
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Tinubu secures $600m seaport investment from Danish company
‘Warri Boys in Lagos’ launches ₦1bn appeal fund for multipurpose complex
Tinubu grants approval for design of Sokoto-Badagry Coastal Highway - Umahi
Ganduje: IGP lauded for withdrawing police attached to Kano anti-graft commission
Gunmen brutally murder Aiyedatiwa’s campaign coordinator in front of his house
Tinubu best thing to happen to northern Nigeria - Arewa group
Nursing mothers lament high cost of diapers, mull alternative
PDP wins chairmanship seats in all 33 LGs in Oyo State
Air Force strikes terrorists in Niger and economic saboteurs in Niger Delta
ADVERTISEMENT
![National Security Adviser (NSA), Mallam Nuhu Ribadu [Presidency]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "National Security Adviser (NSA), Mallam Nuhu Ribadu [Presidency]")