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FG loses N31trn to illegal tax collectors – MATAN

The Market Traders Association of Nigeria (MATAN), have disclosed that the Federal Government has lost over N31trillion to illegal tax collectors who are extorting traders.

Speaking at the “Benefit Scheme Enrolment for Traders” held at Adamasigba Stadium in Ibadan, the Chairman, Project Committee of the Scheme, Ambassador Olakunle Johnson, lamented that traders paid a lot of money before their good could get to its destination.

It decried multiple taxation by the relevant government agencies, warning that if not curtailed, it would result in geometric increase of the prices of goods and wares at various markets in Nigeria.