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Home Business News

Don’t blame government for the flood as only 3% of Lagos residents pay tax, says Ambode

Chacha Wabara by Chacha Wabara
July 14, 2017
in Business News, Politics
Don’t blame government for the flood as only 3% of Lagos residents pay tax, says Ambode
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The Governor of Lagos, Akinwunmi Ambode has claimed that only 600,000 of the state’s over 22 million residents are paying tax on a regular basis.

This represents about 3% of the population according to the figures presented by the governor

This deplorable rate is preventing the state government from improving infrastructure in the state, says the governor.

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Particularly, Ambode linked the poor tax compliance rate to the recent flooding of certain areas of the state such as Lekki and Banana Island

“Nobody takes it as their business that the new road I am using, I need to pay something,” he said

This continues the lamentation of government over the pitiable tax contribution rate, which the Minister of Finance, Kemi Adeosun, claims to be just about 6%, one of the lowest in the world.

The Federal Government had recently launched the Voluntary Asset and Income Declaration Scheme (VAIDS) in an attempt to encourage improved tax compliance from Nigerians


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Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

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