The Federal Government is saying that the controversial tax reform bills currently before the National Assembly were to ensure fairness, equity and justice for Nigerians.
The Director-General of the National Orientation Agency, (NOA), Mallam Lanre Issa-Oniru, made this position known at a briefing on World HIV Day, Security Awareness, Discouraging Get Rich Quick Syndrome, World Human Rights Day and Tax Reforms in Asaba, Delta State.
He says the bills were designed to scrap the over 50 nuisance taxes suffered by local businesses across the country.
According to him, Value Added Tax (VAT) will no longer be calculated based on where companies have their headquarters but where the goods are consumed, meaning the economic activities will be stimulated.
-9News Nigeria.
