83% Eligible Taxpayers Evade Payments In Nigeria – Report

83% Eligible Taxpayers Evade Payments In Nigeria – Report

83% Eligible Taxpayers Evade Payments In Nigeria – Report

According to a taxpayer perception poll performed by the Nigerian Governors Forum (NGF) for 2021, only approximately 13% of Nigerian taxpayers, particularly those in the informal sector of the economy, are unlikely to evade tax payment in Nigeria.

83% Eligible Taxpayers Evade Payments In Nigeria – Report

“A bigger majority of workers in the sector, 83 percent, are inclined to avoid tax payments because they do not feel tax officials have the authority to compel people pay taxes,” according to the survey.

The survey demonstrated the public’s mistrust of the government.

 

According to the research, the informal sector in Nigeria accounts for around 65 percent of employment and a large percentage of the economy’s national Gross Domestic Product (GDP).

 

“Lack of trust in government was fostered by pervasive official corruption, which resulted in widespread poverty and infrastructure deficits.

“The social contract between the government and its citizens, as represented by the quality of public services and the willingness of the public to pay or evade taxes.” The research stated that “a perceived weak social compact between citizens and the government continues to jeopardize the legitimacy of taxes.”

“Lack of trust in government was fostered by pervasive official corruption, which resulted in widespread poverty and an infrastructural deficit.

“The social contract between the government and its citizens, as represented by the quality of public services and the willingness of the public to pay or evade taxes. The research stated that “the legitimacy of taxes is threatened by a perceived weak social compact between citizens and the government.”

Mr Lanre Ajogbasil, senior programme manager, NGF/SFTAS, said weak transparency and accountability by the Federal Government and States internal revenue services; misunderstood tax law(s) and incomplete revenue codes; and multiplicity of taxation system, fees, and levies during a recent workshop organized by the national coordinating office of the Fiscal Transparency Accountability and Sustainability (SFTAS) for financial journalists in Abuja.

About Helen Ogazi

Check Also

compensation mesothelioma

compensation mesothelioma

compensation mesothelioma Mesothelioma Compensation Mesothelioma compensation averages from $1 million to $2.4 million. Financial compensation …

Leave a Reply

Your email address will not be published.