Economy

FG to Recruit 7,500 Graduates as Tax Advocates

  • FG to Recruit 7,500 Graduates as Tax Advocates

The Federal Government says it will recruit 7,500 graduates as Community Tax Liaison Officers to raise tax awareness among citizens.

The Minister of Finance, Mrs Kemi Adeosun, along with the Chairman, Federal Inland Revenue Service, Mr BabaTunde Fowler, made this known at a joint press briefing on Thursday in Abuja.

Adeosun said that the recruits would be expected to go to schools, churches, mosques, markets and other social places to educate people on the tax system and let them know their obligations.

She said that through this initiative, the government expected to increase the number of taxpayers by 35 percent from 14 million to about 17 million in two years.

“We will be recruiting them through N-Power and they can apply through the website of the Federal Ministry of Finance or through the N-Power website.

“It’s a two-year fixed contract and they will be deployed to states, attached to state Internal Revenue Service or FIRS.

“Their job is to improve the level of education on the Nigeria’s tax system.

“Our tax system is progressive, meaning those who earn less should pay less and those who earn more should pay more.

“A lot of people don’t know that. So it’s a chance to get people on ground to answer all these pertinent questions,” she said.

Adeosun said that graduates of accounting, economics, mathematics and other relevant courses would be given priority under the programme.

She, however, encouraged intelligent graduates interested in a career in tax administration to apply as the government planned to sponsor the recruits to become tax professionals.

“This exercise is extremely important for the fiscal sustainability of states because as you know, most of the revenue for states apart from FAAC is supposed to come from tax.

“So if we improved the number of taxpayers, we will be improving the fiscal health of our state governments as well as the Federal Government.

“It’s an important initiative for the nation as we undertake reforms to reduce our over-dependence on oil.

“We have to make sure that everyone who is economically active pays tax, no matter how little, they have to contribute to the pool,” she said.

On the remuneration, Adeosun said the recruits would be paid N30, 000 monthly and they stood to receive performance-based incentives measured by the number of people they enrolled during the two-year period.

The FIRS chairman reiterated that tax evasion was a punishable offence in the country.

He said that the tax tribunal was being reconstituted as tax dodgers would be prosecuted.

Fowler encouraged citizens to be law abiding and pay their tax.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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