ECOWAS Seeks Revenue Mobilisation For Nigeria, Others

The Economic Community of West African called on tax agencies in Nigeria and other countries within the region to focus on domestic revenue mobilisation to be able to tackle current realities.

The ECOWAS Director (Trade, Customs Union), Tiemtore Salifou, states this in Abuja at the opening session of the first major stakeholders meeting of the Support Programme for Tax Transition in West Africa.

He says they must share experiences and move towards moving tax revenue and ensure that international tax standards are implemented.

The Director of Fiscal Affairs and Public Finance at WAEMU, Habbas Traoure, says the workshop would help the regions fight domestic tax evasion and drive revenue mobilisation and fight illicit tax flows.

Also this will help them develop capacity to do well in this area of tax evasion. They have had study on VAT and the ECOWAS commission is proud of the result achieved so far and this seminar is a proof to show that they are on the right track.

He added that the meeting would help review what had been done and help the actors to brainstorm on the measures to be put in place to address issues affecting taxation in the region.

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