There
is a trending news story that has been given little attention by Nigerians and
has not been formally responded to by the federal government of Nigeria,
creating room for speculations and rumors.
It was reported that
with effect from January 2020, Nigerians will be required to present their tax
clearance document to banks before they can have access to their money.
The government has in
recent times been trying to generate more revenue through taxation and it may
have planned to formally kick start its tax policies as from January.
In the Nigerian
political climes, it is customary for President to announce strict regulatory
policies in their new year address jut like former President Jonathan did by
removing fuel subsidy in 2012.
There are fears that
Buhari may announce the implementation of the policy and more austere measures
on the 1st of January 2020.
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