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FG Obtains Names Of 500 Nigerians Implicated In Tax Fraud

The Federal Government has obtained the names of 500 Nigerians implicated in various cases of tax fraud across the country.

Mr Laolu Akande, the Senior Special Assistant on Media and Publicity to the President (Office of the Vice President) disclosed this while briefing State House correspondents on the outcome of the meeting of the National Economic Council (NEC), held in Abuja on Thursday.

The meeting was presided over by Vice-President Yemi Osinbajo.

Akande told the correspondents that the Minister of Finance informed the Council the affected individuals were found to have under declared their assets.

He, however, stated that the Federal Government had plan to provide amnesty to those repentant tax defaulters in the country.

“On the Voluntary Aid Assets and Income Declaration Scheme, the minister said there was progress and the list of 500 Nigerians who were believed to have under declared their assets has already been obtained.

“She said the scheme would offer an amnesty opportunity for all tax defaulters,’’ he added.

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