It added, “In terms of sectoral contributions, the top three largest shares in Q3 2022 were manufacturing with 31.08 per cent; information and communication with 18.52 per cent; and mining and quarrying with 10.95 per cent.”
It stated this in its ‘Public Presentation of 2023 FGN Budget Proposal — Breakdown and Highlights’ report, saying, “In addition, the tax system will be further strengthened over the medium term by improving collection efficiency, enhancing compliance, and reorganising the business practices of revenue agencies as well as employing appropriate technology.
He said, “These include hotels, airlines, restaurants, event centres, and other operators in the hospitality and tourism sectors of the economy. It also reflects a return to full operations of other sectors of the economy that were only doing very low levels of their normal capacity during the COVID period.”
Idahosa said, “We are collecting very little VAT. VAT ought to be collected from every business activity in Nigeria except for those products that are not “VATable” like food and healthcare.
Which leads to poverty in Nigeria because of the fucking debt you borrow for ur pockets