{"id":34710,"date":"2019-09-18T13:11:21","date_gmt":"2019-09-18T12:11:21","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=34710"},"modified":"2019-09-18T13:11:21","modified_gmt":"2019-09-18T12:11:21","slug":"taxation-remains-the-countrys-lifeline-for-development-says-firs","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/taxation-remains-the-countrys-lifeline-for-development-says-firs\/","title":{"rendered":"Taxation Remains The Country\u2019s Lifeline For Development, Says FIRS"},"content":{"rendered":"<p>Dr Babatunde Fowler, Chairman Federal Inland Revenue Service, says taxation remains the country\u2019s lifeline for economic development.<\/p>\n<p>Fowler made this known on Tuesday night in Abuja, at the investiture of Hajia Kudirat Abdul-Hamid, as the 3rd National Chairperson of Society of Women in Taxation.<\/p>\n<p>Fowler was represented by an FIRS official, Mr Abiodun Aina.<\/p>\n<p>He noted that aids, grants and loans were not reliable revenue sources to ensure the development of any economy.<\/p>\n<p>The FIRS boss charged SWIT under Abdul-Hamid\u2019s leadership to continue to educate Nigerians on why they should pay tax for economic and national development.<\/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>He added that on its part, the FIRS was working to ensure that the burden of taxation was reduced to the barest minimum.<\/p>\n<p>Although Fowler noted that Nigerians were not convinced that their taxes were being judiciously used, he said the Federal Government had been more prudent in utilization of generated revenue from taxation.<\/p>\n<p>According to Fowler, revenue generated from taxation is currently being utilised by the government to improve the country\u2019s infrastructure, electricity as well as create employment.<\/p>\n<p>(NAN)<\/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>Dr Babatunde Fowler, Chairman Federal Inland Revenue Service, says taxation remains the country\u2019s lifeline for economic development.<!-- 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":17422,"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":[23,1593,17,624],"tags":[615,608,6087],"coauthors":[2391],"class_list":["post-34710","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-babatunde-fowler","tag-firs","tag-taxation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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