"Only 914 people pay between N10m and N20m tax every year in Nigeria and 912 of them reside in Lagos"- Osinbajo says

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    While speaking at the launch of the Voluntary Assets and Income Declaration Scheme in Abuja yesterday June 29th, acting president, Yemi Osinbajo, said statistics from the Federal Inland Revenue Service FIRS, shows that out of the active population of 70 million people in Nigeria, only 14 million of them are taxpayers.

    According to Osinbajo, 914 Nigerians pay between N10m and N20m tax yearly and that of the 914 persons, 912 of them are residents of Lagos state while the remaining two reside in Ogun State.

    The vice president said that this is considerably low considering the fact that…



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