Why FIRS proposing road infrastructure tax

The Federal Inland Revenue Service (FIRS) has said it is proposing the introduction of Road Infrastructure Tax in Nigeria, to make the informal sector contribute to building a modern society.

The Executive Chairman of FIRS, Muhammad Nami, disclosed this, while receiving a delegation of the Nigeria Union of Journalists (NUJ) led by its President, Chris Isiguzo, in his office, in Abuja.

Nami said the proposed Road Infrastructure Tax to be administered by the federal agency, would provide government with adequate funding for road construction, rehabilitation and maintenance as well as providing the needed security for roads in the country.

His words: “One quick and very important intervention required of you is in the area of the Road Infrastructure Funding Scheme that the country needs in order to fix our roads and bring the informal sector to the tax net.

“In many jurisdictions, road users pay for the use of road infrastructure, as such it shouldn’t be seen as an additional burden on our citizens because it has the potential of making life better for all of us.”