FG to name, shame tax defaulters

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The Minister of Finance, Mrs Kemi Adeosun, says the Federal Government, will name and shame tax defaulters after the expiration of the Voluntary Assets and Income Declaration Scheme (VAIDS).

Adeosun disclosed this at an interactive session on the VAIDS programme on Thursday in Kaduna.

She said that the Federal Government had the political will to prosecute tax evaders once the tax amnesty programme was over by March 31.

She urged the people to take advantage of the scheme and regularise their tax payments.

“The Federal Government has the political will and data to go after tax evaders who fail to take advantage of the tax amnesty programme.

“Many Nigerians cannot explain their lifestyles or match their lifestyles, assets and income with their tax payment.

“We will close VAIDS at the expiration of the programme on March 31, 2018. And once the programme is closed, we will name and shame and also prosecute tax evaders, since they refused to take advantage of the opportunity,” she said.

NAN


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