- This he said was a measure to wean the government from future Ways and Means indebtedness.
The Nigerian Government has disclosed that the N23 trillion Ways and Means debt that has now stuck in its throat like the proverbial fish bone will be reviewed and audited.
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, made the disclosure on Tuesday at the ongoing Public Wealth Management Conference organized by the Ministry of Finance Incorporated.
Edun ststed the Federal Government would soon send a bill to the National Assembly that would authorize the removal of “all taxes and levies that constitute nuisance from the country’s tax system”.
This he said was a measure to free the government from future Ways and Means indebtedness.
According to the minister, the government will vigorously pursue policies that will allow it to harvest revenue in real time from Government Owned Enterprises and Corporate entities