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The Economy & You

The Economy and You ( Sir Gbenga Badejo)

Taxes, and tax systems, are fundamental components of government revenue generation. They build capacity to provide security, meet basic needs and foster economic development. However the capacity of the government to provide her citizens is limited when individuals and organizations evade taxes. This is the raison d’etre why the Acting President, Yemi Osinbajo on Thursday offered nine months grace period to tax payers to regularize their tax status or face criminal prosecution for tax offences. According to him, people can only pay more attention to what government is doing and hold them accountable when they pay their taxes. In the studio with us this Sunday to discuss the tax issues and its impact on the SMEs in Nigeria is Sir. Gbenga Badejo, Managing Partner /CEO of Gbenga Badejo &Co.

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