Tag: tax-cuts
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Nigeria targets tax cut with major reforms to boost efficiency
The Presidential Committee on Tax Reforms and Fiscal Policy says it is determined to simplify the excessive number of collectable taxes and levies, currently exceeding 60, aiming to reduce them to fewer than 10 at all levels of government. Chairman of the Committee, Taiwo Oyedele, made this known when he addressed State House Correspondents on…
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UK’s PM fires new finance minister Kwasi Kwarteng
BRITISH Prime Minister Liz Truss on Friday fired Finance Minister Kwasi Kwarteng after less than six weeks in the role, amid mounting political pressure and the government’s controversial growth plan. His sack comes barely a day after he admitted in an interview with The Telegraph, that he had faced a “baptism of fire” in the…