Categories: On the GoThe Nation

2019: Over 50 presidential candidates fail to disclose tax details

Chinedu Asadu

Donald Duke, of the Social Democratic Party (SDP), and Atiku Abubakar of the Peoples Democratic Party (PDP) are among the few presidential candidates who made public their tax record.

The Independent National Electoral Commission (INEC) had posted details of 59 presidential candidates at its headquarters in Abuja.

While Atiku said he paid N10.2 million as tax in three years, Duke paid N500,000 in three years. Duke added that he earned N5.6 million between 2015 and 2017.

He said this in his tax clearance form issued by the Cross River State Internal Revenue Service, which was submitted to INEC

The document, seen by TheCable, is among the particulars he submitted to the commission, as required from all the presidential candidates.

Duke, a former governor of Cross River state, said while he earned N1,763,157 in 2015, he earned N1,894,736 and N1,960,526 in 2016 and 2017 respectively.

He added that while he paid N150,000 as tax in 2015, he paid tax of N170,000 and N180,000 in 2016 and 2017 respectively.

However, while the constitution compels citizens to pay tax, it did not list tax clearance as a compulsory prerequisite to contest in the presidential election.

When contacted, Oluwole Osaze-Uzzi, INEC director of publicity and voter education, told TheCable tax clearance is not a compulsory requirement to contest in the presidential election.

Recent Posts

  • On the Go
  • Top Stories

Report: 356 soldiers fighting Boko Haram resign citing loss of interest

At least 356 soldiers have reportedly resigned from the Nigerian army, citing loss of interest as their reason. The soldiers,…

July 12, 2020 1:43 PM
  • On the Go
  • Top Stories

EXCLUSIVE: Buhari ordered DSS to investigate Magu in 2018

Unknown to Ibrahim Magu, President Muhammadu Buhari had directed the Department of State Services (DSS) to investigate him as far…

July 12, 2020 12:09 PM
  • Viewpoint

Ode to the astute statesman Aminu Adisa Logun

He liked to be called Aminu Adisa Logun. These are names he so much cherished and protected until his last…

July 12, 2020 10:49 AM
  • Inside Nigeria
  • On the Go
  • Rivers

Amaechi, Abe supporters disagree over closure of Rivers APC secretariat

Supporters of Rotimi Amaechi, minister of transportation, and Magnus Abe, former senator from Rivers, on Saturday, clashed over a directive…

July 12, 2020 10:36 AM
  • On the Go
  • Top Stories

Experts: Turn off air conditioners to reduce spread of COVID-19

Air conditioning units should be turned off as they could recirculate same air in a room and promote the spread…

July 12, 2020 10:23 AM
  • Hot Celebs
  • On the Go

Bollywood’s Amitabh Bachchan, son test positive for COVID-19

July 12, 2020 9:18 AM