The Federal Government has started new efforts to improve tax collection in the Federal Capital Territory (FCT) and stop the problem of multiple taxation.
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, disclosed this after a meeting with the FCT Minister, Nyesom Wike, on Sunday.
According to Oyedele, the meeting focused on strengthening cooperation between the Ministry of Finance and the FCT Administration to support development projects in Abuja. A major part of the discussion was how to improve tax administration in the territory.
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He explained that the proposed tax harmonisation would create a more coordinated tax system, reduce the burden of multiple taxes on residents and businesses, and improve government revenue collection.
Oyedele said the plan is in line with the new tax reform law and is expected to help accelerate development across the FCT.
“The two ministers also reviewed plans
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