{"id":27371,"date":"2018-10-16T12:39:18","date_gmt":"2018-10-16T11:39:18","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=27371"},"modified":"2018-10-16T12:39:18","modified_gmt":"2018-10-16T11:39:18","slug":"fg-rejects-imfs-recommendation-on-taxes","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fg-rejects-imfs-recommendation-on-taxes\/","title":{"rendered":"FG Rejects IMF\u2019s Recommendation On Taxes"},"content":{"rendered":"<p>In response to the International Monetary Fund\u2019s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike.<\/p>\n<p>Ahmed disclosed this while addressing Nigerian journalists on the participation of the Nigerian delegation at the annual meeting of the IMF and the World Bank in Bali, Indonesia.<\/p>\n<p>Responding to a question on the recommendation of the fund, the minister said: &#8220;To change the taxes means we will review the tax laws that may be a process we will address in the future. Right now we don\u2019t have any plan to review upward taxes in Nigeria. We don\u2019t have such plans. Instead what we are trying to do is to identify people who are supposed to pay tax but they are not paying.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>&#8220;A lot of effort is being put to expand the tax base as well as improving the tax collecting processes and it is already yielding results. We have seen our tax base grow from 13 million to 19 million. That number is not enough for a country of 185 million but we are doing a lot of work in this regard,\u2019\u2019 she stated.<\/p>\n<p style=\"font-weight: 400;\"><b><strong><em>Photo Caption: Finance Minister Zainab Ahmed\u00a0<\/em><\/strong><\/b><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>In response to the International Monetary Fund\u2019s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Ahmed disclosed this while addressing Nigerian journalists on the participation of the Nigerian delegation at the annual meeting of the IMF and the World &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":27372,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[1985],"coauthors":[2391],"class_list":["post-27371","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-taxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FG Rejects IMF\u2019s Recommendation On Taxes - 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