Dont increase tax .broaden the base,Fubara advises Nigeria

Governor of Rivers State, Siminalayi Fubara, emphasized the critical role of tax revenue in driving the country’s progress and tackling its economic challenges. Speaking at the 156th meeting of the Joint Tax Board in Port Harcourt, Fubara stressed that without adequate revenue, the government would struggle to provide essential public services and ensure the security and well-being of its citizens..
He pointed out that taxation is key to addressing the nation’s economic difficulties and improving public service delivery. Highlighting Rivers State’s approach, the Governor noted that his administration focuses on broadening the tax base rather than increasing tax rates, which has led to a steady rise in internal revenue. Fubara further underscored the importance of a fair and efficient tax system that fosters economic growth while encouraging high-net-worth individuals to contribute fairly to the nation’s development.

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