Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), Hafsat Abubakar Bakari, has disclosed that majority of tax evasions in the country happen at the state level.
Bakari stated this in Abuja, yesterday, at the inaugural National Revenue Assurance Summit convened by the Unit for the leadership of all Internal Revenue Services (IRS) of the states of the Federation and the Federal Capital Territory (FCT).
Urging stakeholders to see the summit as a sign of the country’s commitment to the task of improving domestic revenue mobilisation, she informed them that the country had moved into a new fiscal era, where the imperative of governance and the need to deliver infrastructure and vital services to citizens required innovation and out-of-the-box thinking.
According to the NFIU boss, growth and development at both the national and sub-national levels require stakeholders to diversify the source of revenue available to government. He added that the country could not afford to rely just on proceeds from the oil and gas industry.
