Connect with us

Linjust – Entertainment News, Latest News, Comedy and Music

Tax Nigerians For Every Call – Godwin Emefiele Tells FG

NEWS

Tax Nigerians For Every Call – Godwin Emefiele Tells FG


Tax Nigerians For Every Call - Godwin Emefiele Tells FG

Tax Nigerians For Every Call – Godwin Emefiele Tells FG

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has advised the federal government to consider taxing every call above three minutes, in order to enable the country get out of recession on time.

According to The Cable, he said this while delivering the keynote address at the Annual Bankers’ Dinner in Lagos on Friday, Emefiele asked the government to consider alternative revenue generating means.

His words:

“There are several ways we can raise additional revenue to finance the increased expenditure that is needed to engender fast and sustainable growth in the economy.

I think we can consider introducing a negligible telecom surcharge to be entirely borne by the initiator of a call. In order to protect the poor and vulnerable amongst us, we could structure it to only take effect after the third minute of talk.

Some analyses have indicated that the government could earn about N100bn per annum from this alone. Obviously this surcharge will mainly be borne by middle and upper class people since I do not know many poor people who make calls for more than 3 minutes.”

He also said Nigeria could

“consider introducing minimal property taxes across the country. This not only raises money for the government but also could be a veritable weapon against corruption since it creates a database of who really owns homes in this country.”

Want Latest Controversial News? Download the Linjust app for Android Phones.

Continue Reading
3 Comments

3
Leave a Reply

avatar
3 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
3 Comment authors
Possible WilsonAnthony Dugbotreasure Recent comment authors
newest oldest most voted
treasure
Guest
treasure

That’s their headache o

Anthony Dugbo
Guest
Anthony Dugbo

Mr Governor! That’s extortion!

Possible Wilson
Guest
Possible Wilson

You got the right word for that Mr Anthony, and ah don’t think that’s fair…

More in NEWS

To Top