2025 MACROECONOMIC OUTLOOK
Nigeria took the bold and courageous move to undertake hard but critical reforms. This against the backdrop of an already fragile economic position, high food and transport inflation, and other heightened uncertainties. If these reforms were not done, Nigeria would have fallen into a serious fiscal crisis that would have made it difficult for government to meet its obligations to citizens,” said Ndiame Diop, World Bank Country Director for Nigeria.
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TAX POLICY REFORMS IN NIGERIA: ISSUES, CHALLENGES AND PROSPECTS.
A good tax reform should not only focus on generating revenue but also prioritize accelerating economic development and improving the well- being of the people. This can be achieved through the government’s vital role of providing public goods and services.
DEC 20, 2024
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