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Secretary to the Government of the Federation, George Akume and a Don, Prof. Ezekiel Willams, have said that a proper taxation system will end the borrowing of loans by the Federal Government to fund projects.

by ADELEKE
2 years ago
in NEWS
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Secretary to the Government of the Federation, George Akume and a Don, Prof. Ezekiel Willams, have said that a proper taxation system will end the borrowing of loans by the Federal Government to fund projects.
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They made this known on Thursday during the launching of Professor Williams’ book ‘The Taxation Pendula,’ at the Transcorp Hilton Hotel, Abuja.

SGF said all tiers of government need to be vested in taxing citizens, while citizens must be committed to paying taxes as and when due to avert a situation whereby the government would be worried about raising funds for projects.

Also speaking, the author, Williams noted that the book explains the intricacies of tax laws, the need for citizens and corporations to pay taxes, and the actions expected of the government in utilising the taxes collected from citizens and corporate bodies.

He revealed that ‘The Taxation Pendula’ would educate citizens and businesses on how to pay taxes, benefit from paying taxes, and also avoid breaking tax laws.

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