Finance Minister Zainab Ahmed Recommends More Taxes To Reduce Nigerias Debt Burden
The collection of more taxes and effective blocking of revenue leakages remained the best measures that would drastically cut external borrowing and reduce the high debt burden of Nigeria, the Federal Government said on Tuesday.
The government, however, said the debt burden was not beyond what it could effectively handle.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, represented by the Director (Technical Services),
Fatima Hayatu, canvassed these views at a workshop on tax expenditure organised by the Economic Community of West African States Commission under the context of the Implementation of the Support Programme for Tax Transition in West Africa in Abuja.