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Tax Identification Number: Finance Minister allays fears

Last updated: 2019/12/27 at 2:49 PM
3 years ago
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1 Min Read

As part of plans to widen the tax net and ensure that more Nigerians pay taxes to government, part of the provision of the finance bill seeks the issuance of Tax Identification Number (TIN) to all depositors as condition for account opening and other transactions.

This special report seeks the view of organized Labour on the matter.

Meanwhile the minister of finance, budget and national planning, Zainab Ahmed has allayed fears concerning the requirement of Tax Identification Number, TIN as a condition for operating bank accounts.

This was what she said at the 2020 budget presentation in Abuja.

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