The Federal Inland Revenue Service (FIRS) claims that the federal government would not be able to fund the 2022 financial budget worth over 16 trillion Naira because of low tax payment in the country.
According to the Chairman of FIRS, Muhammad Nami, only 4.2 trillion Naira was collected as tax in nine months. He said that the amount would not be sufficient to fund the budget which President Muhammadu Buhari presented to the National Assembly last week.
The chairman in an exclusive interview stated the fact that Nigerians do not like paying taxes an( believed that the budget would have been funded if the Nigerian citizens could do otherwise.
“Above all, this is a confirmation of the fact that Nigerians do not like paying taxes. If we were to be paying taxes, we would have been able to generate enough money to be able to fund a N16.9 trillion budget that was submitted to the National Assembly last week by the President,” the FIRS chairman said.
Muhammad also revealed that the FIRS would pay more attention in collecting taxes in the next years to come.
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