82.9 million Nigerians are living below the poverty level, Action Aid Nigeria (AAN) has said.
Action Aid Nigeria (AAN) made this known on Wednesday at Abuja, the Nigerian capital city during a two-day summit on Tax and Development.
According to Ene Obi, Action Aid Director, the low tax revenue trend is among the factors that are leading to lack of development in the country, while pointing out that the disruption caused by the covid-19 pandemic on the economy has affected investment in public service infrastructure.
Ene added that the government has to review its fiscal plan for 2020 from 10.594trn to 10.81trn.
MAWA learned that the president of the Nigerian Labor Congress Ayuba Wabba represented by his vice at the summit said the committee will continue to ensure that government deals with tax justice alongside halting illicit financial cash flow.
He added that the only way to achieve success is to increase awareness of the dangers of illicit financial cash flow and asset theft in the country.