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COVID-19 Pandemic and the Nigerian Tax Policy Responses

By Oluwole Osagie – Jacobs It is common knowledge that the Nigerian economy is passing through perilous times. The economy which is the engine of the government has dipped precipitously due to the significant drop in the international price of crude oil and the COVID19 pandemic. Statistics from the Nigeria

Interview: Tax is ‘Not a Joke’ in Nigeria–FIRS Boss

COVID-19 pandemic has impacted negatively on Government’s revenue sources. In June, 2020, the Federation Accounts Allocation Committee (FAAC) shared a total of N696 billion to the three tiers of the Government of Nigeria. FIRS alone contributed 70 percent of the amount shared while other revenue generating Agencies altogether contributed 30