BREAKING: Nigerian Govt to audit N23trn Ways and Means debt

BREAKING: Nigerian Govt to audit N23trn Ways and Means debt

The Nigerian Government has resolved to audit the N23
trillion Ways and Means debt hanging on its neck.

 

The Minister of Finance and Coordinating Minister for the
Economy, Wale Edun, announced this at the ongoing Public Wealth Management
Conference organized by the Ministry of Finance Incorporated.

 

Edun said the Federal Government, as a measure to wean
itself from future Ways and Means indebtedness, will soon present a bill to the
National Assembly that would authorize the removal of “all taxes and levies
that constitute nuisance from the country’s tax system”.

 

According to the minister, the government will vigorously
pursue policies that will allow it to harvest revenue in real time from
Government Owned Enterprises and Corporate entities.

 

Details shortly…

Source: BREAKING: Nigerian Govt to audit N23trn Ways and Means debt

 - NigerianEye
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