Vice President Kashim Shettima says President Bola Tinubu’s administration aims to improve the efficiency of tax collection in the country, assuring Nigerians that no additional taxes will be imposed on them.
He spoke on Thursday at the Presidential Villa, where he hosted a delegation from the Chartered Institute of Taxation of Nigeria and sought the Institute’s advice on encouraging foreign direct investment through competitive corporation tax rates.
The Vice President also met with the Chartered Institute of Stockbrokers at the Villa, where he advocated for a full overhaul of the system to encourage more young people to take advantage of opportunities in the sector.
He said the restructuring should include the strengthening of internal mechanisms to checkmate unwholesome practices by unscrupulous persons in the market.
In an interview with State House Correspondents after the two meetings, the President of the Chartered Institute of Taxation of Nigeria, Samuel Agbeluyi, commended the Federal Government for its efforts at addressing the challenge of insecurity.