Nigeria needs 9% tax-to-GDP increase to shore up revenues -IMF

In the face of dwindling revenues and an increasing debt burden, the International Monetary Fund has tasked the government of Nigeria to increase the tax-to-GDP ratio by 9 per cent to boost tax revenues. This is because the Nigerian government, through the Federal Inland Revenue Service, aims to increase the nation’s tax-to-GDP ratio, which stood […]

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