Revenue Increament: Federal Government To Introduce New Taxes - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
March 28, 2019
TheMinister of Finance Zainab Ahmed said the Federal Government has devised a newrevenue initiative to increase revenue to fund the 2019 budget.
Shetold member of the National Assembly Committees’ on Appropriation that theinitiative is divided into three areas and appealed for the support of theNational Assembly.
TheMinister explained that the first area is sustainability in revenue generationand second one is to identify new and enhance the enforcement of existingrevenues streams, while the third area is achieving cohesion in the revenueecosystem.
Zainabdid not state the details of the new taxes. She noted that the federalgovernment is making efforts to ensure that the performance of the 2019 budgetexceeds that of 2018.