The Federal Government, in partnership with the United Nations Development Program (UNDP) and the Organisation of Economic Co-operation and Development (OECD), has launched the Tax Inspectors Without Borders- Criminal Tax Investigation Programme (TIWB-CI)
The program is aimed at combating tax crimes and strengthening the tax crime enforcement framework.
The service disclosed this in a post-prequel to the launch of the program, stating that it is a crucial step in the nation’s fight against illicit financial inflows.
Furthermore, the service noted that the program would be implemented in three phases and scheduled to conclude in the next 24 to 30 months after which an evaluation of the program’s effectiveness will take place.
Nigeria has one of the lowest revenue-to-GDP ratios in Sub-Saharan Africa at just 10% as of 2022. It is in this regard, that President Bola Tinubu set up a committee on fiscal policy and tax reforms upon assumption into office in August.