ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, October 31, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

Why Nigerians Should Embrace Paying Taxes

by NewsOnline Nigeria
April 17, 2023
in Economy And Business
0
Taxes

In all societies – both ancient and modern, paying taxes has remained a means through which citizens reciprocate the government’s social services to them. Of course governments all over the world exist to render services to the people by providing social services such as infrastructure and other developmental projects for the use of citizens, but at the same time it behooves the citizens to reciprocate by paying their taxes as at when due.

 

In fact one of the requirements for a citizen to aspire for a public office in Nigeria and indeed in other climes is to show a proof of being a responsible citizen by paying his or her taxes, and failure to adhere to this rule will deny the citizen the right to aspire to a public office. I recall that in the second republic, the late nationalist and First Republic President, Rt. Hon. Dr. Nnamdi Azikiwe was dragged to court by his political opponents on the allegation that he failed to pay his taxes. However after the court adjudicated on the matter it was discovered that Dr. Azikiwe, as a responsible citizen had paid his taxes as at when due, and he proceeded to contest for the coveted office of the President.

 

This is one historical example of how important it is to pay taxes. Furthermore, when citizens pay their taxes government will be in a position to adequately discharge its responsibilities to the citizens. Such responsibilities include provision of social amenities like hospitals, roads and bridges, water, healthcare, sanitation, schools, care for the aged and vulnerable groups, markets among others.

 

It is in this regard that the Nigerian apex tax organisation—Federal Inland Revenue Service (FIRS) under its Executive Chairman, Muhammad Nami has been applauded both within and outside Nigeria for its innovative steps towards increasing Nigeria’s revenue profile with its aggressive drive for payment of taxes by the citizens.

It is remarkable that since Muhammad Nami assumed office he has introduced several measures that have seen the Federal Inland Revenue Service being in the lead for the federal government’s source of revenue for development apart from the oil sector.

 

In most developed countries tax evasion is considered a very serious crime and can lead to severe repercussions against any offender, his or her status in the society notwithstanding.

In the light of the above Nigerians are enjoined to embrace the culture of paying taxes as it is a demonstration of one’s faith in his country, as well as an obligation on the part of every citizen and corporate organisation.

There are different types of taxes ranging from personal income tax, company income, tertiary education tax etc. There is no gainsaying the fact that a social contract is not only binding on the government but also the citizens. While the government is discharging its own responsibilities, the citizens on their part are obligated to reciprocate by paying their taxes promptly.

Gladly this is playing out well under the President Muhammadu Buhari’s administration where the increase in tax revenues has translated into the provision of numerous social amenities that are impacting on the citizens positively.

The impact can be felt in the construction of roads, bridges, railway lines, funding of Nigeria’s tertiary institutions, building of water dams and power plants across the country among many others. Obviously all these life-changing social services would not have been possible if the Federal Inland Revenue Service did not live up to its constitutional responsibility.

By Chukwudi Enekwechi, JP
[email protected]

Previous Post

Tinubu Does His Best Work In Dead Of The Night – Fashola

Next Post

Full List Of 2023 AMVCA Nominated Actors, Movies, Writers

Next Post
2023 AMVCA Nominated Actors

Full List Of 2023 AMVCA Nominated Actors, Movies, Writers

Trending Stories

No Content Available

Latest Stories

Ochanya

Seven Years After Ochanya’s Death, Nigerians Renew Calls for Justice as Fugitive Rapist Remains at Large

King Charles

King Charles Strips Prince Andrew of Royal Titles Amid Epstein Scandal, Public Demands Further Action

Zenith Bank

Zenith Bank Posts Stellar Q3 2025 Results, Earnings Hit ₦3.4 Trillion as Profit Before Tax Stands Strong at ₦917.4 Billion

Christians in Nigeria

Trump Warns of “Existential Threat” to Christians in Nigeria, Calls for U.S. Probe into Alleged Mass Killings

Christian Genocide

BREAKING: President Trump Defends Nigerian Christians Amid Alleged Genocide

Design Week Lagos 2025

Design Week Lagos 2025 Ends in Grand Style, Cements Lagos as Africa’s Creative Capital

Activist Agba Jalingo

Activist Agba Jalingo Alleges Prison Officials Sell Cell Spaces to Wealthy Inmates for ₦300,000

Finance Minister Wale Edun

BREAKING: Finance Minister Wale Edun Reportedly Collapses After Seeing Failed Coup “Kill List”

PDP 2025 National Convention

BREAKING: Court Halts PDP 2025 National Convention, Bars INEC from Recognizing Outcome

Lagos Fashion Week

Google Trends Reveal Nigeria’s Bold Fashion Revival Ahead of Lagos Fashion Week

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: [email protected]

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria