States Lose 40% Revenue To COVID-19 Pandemic — NGF

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ABUJA  – Asishana Okauru, Direc­tor-General of Nigeria Governors’ Forum (NGF), on Monday said states have lost about 40 percent of their revenue to the scourge of the COVID-19 pandemic.

Okauru said this in Abu­ja, at the first Technology and Tax Event seminar or­ganised by the NGF in part­nership with the World Bank and the International Centre for Tax and Development (ICTD).

He, however, said weak en­vironment for tax policy and tax legitimacy, as well as low technological integration in tax administration, under­mined efforts to mobilise domestic revenues and the capacity of tax authorities to collect taxes efficiently.

Okauru said the COVID-19 pandemic has pointed to the direction that all revenue administrations needed to move to a digital future.

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