Taxation in Nigeria Prospects for Reform

TAXATION IN NIGERIA PROSPECTS FOR REFORM

THE GENERAL PRINCIPLES OF TAXATION IN NIGERIA PROSPECTS  FOR REFORM.

According to Mr. A.L Buhari in 1993, he describe taxation in Nigeria prospects for reform as compulsory contribution from individuals and or business organisation for the purpose of financing government expenditure. According to him, government of almost every country engage in a number of activities which requires the expenditure of funds. In order for the government to be able to undertake most of these activities, it raises fund through taxation. [Read more…]

Taxation in Nigeria – Origin and Importance of Taxation in Nigeria

Taxation in Nigeria – Origin and Importance of Taxation in Nigeria

     Taxation in Nigeria –      The earliest trace of any form of direct taxation in Nigeria even before the British Administration was in Northern Nigeria. The North was favored for this because it had a form of organized central administration under the Emirs unlike the south which except in few places in the west was not as organized.Furthermore, the Muslin religion adhered to by the people approved of taxation as being consistent with the demand of Islam. Thus taxes such as Zakka, Gada, Kindin, Kararat and Jangoli which were typical forms of taxes on agricultural products and livestock. [Read more…]