Close Menu
    Facebook X (Twitter) Instagram YouTube
    Advertise with us Wednesday, June 4
    Facebook X (Twitter) Instagram
    Platform TimesPlatform Times
    VIDEOS
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Platform TimesPlatform Times
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Home»Business

    Only 19% Of Nigerians Pay Taxes – FIRS Chairman

    Platform Times NewspaperBy Platform Times NewspaperMay 30, 2025 Business No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has raised alarm over Nigeria’s poor tax compliance rate, disclosing that only 19% of Nigerians currently pay taxes.

    Adedeji made this revelation during the public presentation of a new book titled “Taxation: Essential Knowledge for Nigerian Children,” a publication supported by the FIRS to promote early tax education among the country’s youth.

    Represented at the event by his Special Adviser on Research and Statistics, Aisha Mahmoud, Adedeji stressed that the findings were the outcome of several studies conducted by the agency.

    “First of all, I want to say that we have run a couple of studies and we have found out that tax compliance is positively correlated with tax education,” he stated.

    “When children are educated, they grow up to become responsible people, pay their taxes and do what is right.”

    While noting the current tax compliance rate at 19%, Adedeji also pointed out that some other studies suggest the figure could be as low as 10% to 15%, indicating a potentially more dire situation.

    According to him, the FIRS sees early education as a strategic tool to reverse this trend.

    “It is easier to make younger children become tax compliant when they grow up than reform tax-dodging adults,” he explained. “That is why we support initiatives like this book launch.”

    The book, co-authored by Aderonke Atoyebi and Ejura Haruna, is aimed at instilling foundational knowledge about taxes and civic duties in children from a young age.

    Adedeji’s remarks come as the federal government intensifies efforts to broaden the tax net and improve revenue generation in the face of dwindling oil income and rising national debt.

    In his second anniversary speech, President Bola Tinubu reaffirmed the government’s commitment to tax reforms, revealing plans to establish a Tax Ombudsman—a neutral body to protect vulnerable taxpayers and ensure fairness within the system.

    “Most importantly, we are laying the foundation for a more sustainable future by introducing a new national fiscal policy,” President Tinubu said.

    “This strategic framework will guide our approach to fair taxation, responsible borrowing, and disciplined spending.”

     

    Pelican Valley'
    Cattle Bizness Network'
    The Rehla'
    Pelican Valley'

    Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

    We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

    Pelican Valley
    Platform Times Newspaper
    • Website

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    Keep Reading

    BREAKING : Babcock University Expels ‘Missing’ Student For Drug Peddling, Occult Ties, Yahoo Yahoo Plus

    Chaos In Ondo: Monarch Attacked, Ear Bitten In Front Of Governor’s Guests

    NDIC Calls For Stakeholders’ Input On Revised IADI Core Principles

    Tinubu Hosts Osun Gov Adeleke, Davido, Meets Suspended Rivers Gov Fubara in Lagos

    Obasanjo Launches Leadership Movement To Reclaim Africa’s Future

    Presidency Slams ‘Rebellious’ Afenifere Over Tinubu Criticism

    Add A Comment

    Comments are closed.

    The Rehla
    The Rehla
    The Rehla
    Pelican Valley
    Pelican Valley
    Pelican Valley
    Advertisement
    Advertisement
    Advertisement
    Advertisement
    Cattle Bizness Network
    Cattle Bizness Network
    Cattle Bizness Network
    Pelican Valley
    Pelican Valley
    Pelican Valley

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app

    Subscribe to Updates

    Get the latest update news

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app
    © 2025, All Rights Reserved | Platform Times Newspaper | Powered By CyberWarrior

    Type above and press Enter to search. Press Esc to cancel.