Nigeria's Market Traders to Pay Value Added Tax  

Nigeria's tax agency and the Market Traders Association say as many as 40 million people fall into this category and both say they want to widen the country’s tax net. <br />Under the plans, market traders are to be issued a digital ID with a unique tax identification number - or "TIN" - which tracks their turnover and remittances to Nigeria's federal revenue service. <br />The body says just over 10% of Nigeria's government revenue is generated from taxes, one of the world’s lowest proportions. Most of the revenue is generated from crude oil sales.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>