Fowler: Technology to capture 40m people into tax net
By Kokumo Goodie, Lagos, Nigeria
Nigeria is looking forward to using technology to capture 40 million new people into the tax net, the Chairman, Joint Tax Board (JTB), Mr. Babatunde Fowler, has said.
Fowler, who is also the Chairman, Federal Inland Revenue Service (FIRS) said the feat will be achieved by March 2018.
He spoke when he paid a courtesy visit to the Sultan Muhammad Sa'ad Abubakar III in his palace.
He said the JTB would have captured at least 75 per cent by the targeted timeline next year.
Folwer is confident that this target will be realized because the process is being driven with technology to promote the various e-payment channels available in the country.
He said JTB was modernising its operation to simplify its operations to allow states grow their Internally Generated Revenue (IGR).
"We are in active collaboration and synergy not only to increase revenue but to strengthen the capacity for better services," he said.
The tax chief sought the monarch to support in projecting the need for public compliance to tax payments noting the role of traditional institutions in tax collection in the past.
He said: "You are a rallying point to rely on. We want you to speak to your subjects and other traditional institutions and rulers as well Nigerians to join and cooperate with the Board and relevant organs for tax payment compliance."