A raft of procedural reasons has seen Abuja, Lagos and other big cities collect tax revenues statutorily meant for the neighbouring states.
programme in 2016, Emmanuel Ifeanyi got a job with a tech firm in Yaba area of Lagos, Nigeria’s commercial hub. Ever since then, he has paid his taxes to the Lagos State Government, but the 28-year-old resides in Alagbole-Akute, an Ogun State community located on the edge of Lagos State.
Unlike Mr Ifeanyi, Shina Ayoola told PREMIUM TIMES he does not care “that much” that his taxes are being paid into the coffers of Lagos government. Mr Ayoola, a resident of Joju area of Sango-Otta in Ogun State, works with a manufacturing firm in Ikeja, the Lagos state capital. The development raises concerns with regards to state governments’ revenue drive and delivery of infrastructural projects. It also raises questions about the friction among states with regards to the dictates of the Personal Income Tax Act .The Personal Income Tax Act 2011 was officially gazetted in January 2012, with an effective date of June 14, 2011, the date the bill was signed into law by the Nigerian president.
Taxable income is assessed to tax at graduated rates ranging from 7 percent to 24 percent, depending on the income band being assessed. The maximum tax rate is put at 24 percent of an individual’s income, a note by the KPMG Professional Services said. The clause explained further that operational site shall include oil terminals, oil platforms, flow stations, quarries, construction sites with a minimum of 50 workers, among others.
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