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Senate President appeals for tax compliance

08 February 2016, 08:57Augustine Osayande

Abuja - Senate President, Bukola Saraki, has called on Nigerians to pay their taxes to enable government meet the demands of the citizens.

He made the appeal as he received the President of Lagos Chamber of Commerce and Industry (LCCI), Dr Nike Akande, and other executive members of the body in Abuja.

He said the deficits in the 2016 budget  constituted a serious burden for government and the only panacea for  the present economic decline was to explore home-grown solutions.

“The truth is that, going forward, we must remind ourselves how we got to this situation where revenues have dropped significantly," he said.

"As a country, we are going through a very difficult time. This is not only in Nigeria, it is a global crisis. These days, the era of easy money is over."

He said government must create an enabling environment for businesses to grow and hence create employment.

Also Read: The rich must pay tax to sustain N18,000 minimum wage – Oshiomhole

"The private sector has a role to play. There is a need to enhance a  positive tax culture,” Saraki said.

He stressed the need for mutual cooperation and patriotism among different government agencies, parastatals and private organisations. 

“This collaboration should enhance exchange of information, and reduce the incidence of tax evasion as well as fraudulent tax practices."

The Senate President assured his guests of the Senate's readiness to partner with all relevant stakeholders to revive the  economy.

“We have to work together. We need your support. In the area of infrastructure, government alone cannot do it," said Saraki.

Akande lauded the 8th Senate under the leadership of Saraki for its supportive roles and quality legislation.

"The Chamber is ready to support every effort of the government aimed at enhancing the financial fortunes of the country," Akande said.

- CAJ News


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