Acting President, Yemi Osinbajo has offered nine months grace period to taxpayers to regularise their tax status or face criminal prosecution for tax offences.
He made the call in Abuja at the inauguration of the Voluntary Assets and Income Declaration Scheme.
He said the scheme was specially targeted at taxpayers who had not declared their taxable incomes and assets, as well as those who don’t pay at all, and those who had been underpaying or under remitting.
Despite the perceived huge gap in terms of development between United States and Nigeria, the U.S government says Nigeria has the potential of emerging one of the best economics before the next century.
U.S Ambassador to Nigeria, stuart syminton made this remark during the 240 first independence anniversary of the country in Lagos.