The Debt Management Office says thePatience Oniha, director-general of the DMO, said this on Sunday in an interview with the News Agency of Nigeria in Abuja.According to her, this impacts the country’s debt situation negatively.Oniha said systemic resource mobilisation has been compounded by recent economic recessions, noting that most viable solution to the country’s challenge was to grow revenue streams and plug all leakages.
“These measures include improving the tax administration framework, including tax filing and payment compliance improvement,” Oniha said.She also said other measures include evaluation of the process and policy effectiveness of fiscal incentives.
DMONigeria No problem we will reduce our consumption
DMONigeria Thank God no bi una dey provide the air we dey breath, with dis government NIGERIANS for die finish
DMONigeria All of una and th!ef. How common man go take survive? Very soon una go enter zobo wey we dey manage. The only thing this government is good at is removing tax in everything just to impoverish the common man but las las we go dey ok
DMONigeria They should regulate the sugar in it. People are dying.
DMONigeria The tax you impose on the companies get passed on to the citizens, and then the money will be looted by you, and the citizens are further pushed deep down to poverty and despair
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Debt Profile: Revenue generation is Nigerian govt’s main challenge – DMO - Premium Times NigeriaShe said that the most viable solution to the country’s challenge remained to grow revenues and plug all leakages, as cutting expenditure was not a viable option. The little revenue coming in millions of dollars can't be accounted for. This whole thing is simple cut down on cost of governance, develop infrastructure and policies that will make business to thrive and see how citizens will pay taxes conveniently. When you have a daft and incompetent president piloting Nigeria 🇳🇬, how do you expect to generate revenue. We are the poverty capital of the world so what do you expect? Insecurity, no or low power generation, out of school children and low quality education is the main problem Funny government, even the generated revenue are being stolen back by government civil servants and corrupt politicians. they are stealing the people dry. endcorruption
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Debt Profile: Revenue generation is Nigerian govt’s main challenge – DMO - Premium Times NigeriaShe said that the most viable solution to the country’s challenge remained to grow revenues and plug all leakages, as cutting expenditure was not a viable option. The little revenue coming in millions of dollars can't be accounted for. This whole thing is simple cut down on cost of governance, develop infrastructure and policies that will make business to thrive and see how citizens will pay taxes conveniently. When you have a daft and incompetent president piloting Nigeria 🇳🇬, how do you expect to generate revenue. We are the poverty capital of the world so what do you expect? Insecurity, no or low power generation, out of school children and low quality education is the main problem Funny government, even the generated revenue are being stolen back by government civil servants and corrupt politicians. they are stealing the people dry. endcorruption
Source: PremiumTimesng - 🏆 3. / 78 Read more »