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    MarketForces Africa » MarketForces News » Niger Launches Hamonisation Plan to Reduce Multiplicity of Taxes

    Niger Launches Hamonisation Plan to Reduce Multiplicity of Taxes

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJanuary 16, 2024 News No Comments2 Mins Read
    Niger Launches Hamonisation Plan to Reduce Multiplicity of Taxes
    Mr Mohammed Etsu, Chairman of the State Internal Revenue Service
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    Niger Launches Hamonisation Plan to Reduce Multiplicity of Taxes

    Niger Government, on Tuesday, launched harmonisation of revenue collection to reduce the multiplicity of taxes between the state and local governments. Chairman of the State Internal Revenue Service (NGSIRS), Mr Mohammed Etsu, said at the official launching of the scheme in Suleja it was at blocking leakages and boosting revenue generation in the state.

    Etsu, represented by Aminu Baba, acting Group Head of Tax Operation Group, NGSIRS, said that the effort was to make the revenue collection process less cumbersome and consolidated to attract more investors to the state.

    “The practice in the past was that the state government would come and collect taxes, levies and charges and the local government staff will also come to collect their own. “At the end of the day, you will see so much uncertainty in the system on who is paying what and who is responsible for what.

    “Tax harmonisation will give a consolidated back notice containing all taxes, levies and charges of what business owners are to pay to the state and local governments in a year,” he said.

    According to Etsu, all tax collections will henceforth be done through ICT platforms and point of sale (POS) terminals to give taxpayers the confidence that their monies are going directly into state government coffers.

    He stated that the process would give taxpayers an idea of how much they were to pay for a year without having to live in fear of uncertainty, while it would also reduce the burden on them. Betta Edu: EFCC Questions Banks CEOs over Alleged N44.5bn Fraud

    Also speaking, the Chairman of Suleja Local Government Council, Alhaji Ishaku Bawa, said tax harmonisation was a welcome development, pledging his council’s adequate support to improve revenue generation for the state.

    “We have already sensitised our people and various associations that cash collection as revenue is no longer accepted,” he said.

    In his remarks, a consultant with NGSIRS, Malam Masu Danjuma, said Gov. Umaru Bago was poised to see the state becoming one of the top 10 revenue-generation states in Nigeria. Danjuma said that Suleja was one of the areas that would help in achieving the ‘New Niger Agenda. #Niger Launches Hamonisation Plan to Reduce Multiplicity of Taxes

    Internal revenue Local Govt Niger STATE TAX
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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