Vice President Kashim Shettima says the Federal Government is looking to increase the efficiency of tax collection in the country, but he reassures Nigerians that there is no plan to impose more taxes on the citizens.
Speaking on Thursday when he received a delegation from the Chartered Institute of Taxation of Nigeria at the Presidential Villa, the Vice President solicited the Institute’s insights on attracting foreign direct investment through competitive company tax rates.
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He also met with the Chartered Institute of Stockbrokers where he took the opportunity to call for a complete overhaul of the system to attract more youths to leverage opportunities in the sector.
Vice President Shettima said the restructuring should include the strengthening of internal mechanisms to checkmate sharp practices by unscrupulous persons in the market.
