Nigeria: DMO Demands Effective Tax Management.

0 61

The Director-General of the Debt Management Office, Ms. Patience Oniha, has urged Nigeria to run an effective tax administration in order to address revenue issues.

According to her, the Federal Government’s revenue challenge continues to be one of its most important policy concerns, endangering the sustainability of the country’s debt.

“The nation must run an effective tax administration to ensure greater compliance to remittances free of all forms of systemic evasions,” she said.

She emphasized that in order to ensure that public debt is sustained, the country must urgently moderate its new borrowings and speed up its  revenue base to shore up non-oil revenue and rationalising expenditure.

Punch

Leave A Reply

Your email address will not be published.

%d bloggers like this: