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Tag "Nigeria’s tax-to-GDP ratio"

NBS: Nigeria’s 2021 tax-to-GDP ratio 10.86% — NOT 6% as previously reported

The National Bureau of Statistics (NBS) has announced an upward review of the country’s tax-to-gross domestic product (GDP) ratio for 2021 to 10.86 percent from 6 percent. In its report titled

Nami: Nigeria’s tax-to-GDP ratio undercalculated… we need to include waivers, MDAs’ revenue

Muhammad Nami, executive chairman of the Federal Inland Revenue Service (FIRS), has faulted the computation of Nigeria’s tax-to-gross domestic product (GDP) ratio, currently at six percent. He said the figure

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