Nigeria to Target Tax Defaulters in Bid to Spur Economy
- Minister wants defaulters prosecuted after amnesty expires
- Government seeks to double its tax-to-GDP ratio by 2020
Nigeria wants to double its tax to gross domestic product ratio by 2020.
Photographer: Pius Utomi Ekpei/AFP via Getty Images
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Nigeria’s finance minister plans to drag tax defaulters who don’t make use of an amnesty to court as she seeks funds to plug the nation’s $25 billion infrastructure gap.
In the nine months of reprieve ending March, some penitent taxpayers have said “you got me” and cleared arrears without paying interest and or penalties, Kemi Adeosun said in an interview on Tuesday in her office in the capital, Abuja. But some have said “we wish you luck with this, catch us if you can,” she said.