Tax burden: Reps seek alternative revenue generation

Tax burden: Reps seek alternative revenue generation …C0NTINUE READING HERE >>>


The House of Representatives has urged the Federal Government to consider alternative revenue generation strategies as against tax increment in the country.

The call was sequel to the adoption of a motion by Rep. Peter Aniekwe (LP-Anambra) and five other lawmakers at plenary on Thursday.

The house suggested widening the tax net to capture more high-income earners, strengthening enforcement of existing tax laws, and plugging leakages in the system and exploring measures to increase export of cash crops and agricultural produces.

Moving the motion, Aniekwe said that the current…

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