No plan to reduce FG’s share from federation account

No plan to reduce FG’s share from federation account …C0NTINUE READING HERE >>>

The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied a media report on the proposal to reduce the Federal Government’s share from the Federation Account Allocation Committee.

While reacting report that the tax specialist via his handle on X.com Sunday that the committee’s recommendation was explicitly with respect to Value-Added Tax.

He noted that the committee also recommended that states and local governments stop imposing “consumption taxes” which result in multiple taxation.

The tweet read,” We did not recommend a…

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