Home BUSINESS BANKING & FINANCE Only 41 Million Pay Tax In Nigeria – Inland Revenue Boss

Only 41 Million Pay Tax In Nigeria – Inland Revenue Boss

FIRS Boss, Muhammad Nami | Nairametrics

Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country.

Nami who spoke today, October 8 at the ‘Public Presentation and Breakdown of the Highlights of the 2022 Appropriation Bill’ in Abuja, said that in spite of the 41 million tax payers in the country, Nigeria still earned lower than what its counterparts across Africa generates from Personal Income Taxes (PIT).

“If you also compare that with South Africa where they have a total population of about 60 million people, with just 4 million taxpayers, the total personal income tax paid in South Africa last year was about N13 trillion. You can now see that these things are not adding up.

Source: Vanguard.

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