A Review of Effective Tax Regime in Nigeria

About the Book

This book reviews various taxation methods and history of taxation in Nigeria, most importantly the impact it has on sustainable development in the country. The author skilfully explores Nigeria’s fiscal relations and revenue allocations with thorough descriptive historical analysis aimed to bridge the gap on similar titles in circulation. Backed with empirical data, his emphasis hinge on Colonial Era and the introduction of taxation in Nigeria. The Raisman Fiscal Commission’s recommendation of 1958 was critically appraised in tandem with resource distribution/allocation in Nigeria. Readers will be riveted with the author’s style and the information shared in the book.

About the Author

Tunde Ogunsakin is a police officer who once had his mind set to work as a diplomat or an academic. He graduated from Obafemi Awolowo University Ile-Ife with the intention of fulfilling this ambition. However, a visit to Lagos altered the course of his life career forever as he became a police officer with unparalleled achievements. That was the story of the humble beginning of Tunde Ogunsakin, who was promoted in 2014 as Assistant Inspector General of Police. Prior to his promotion he was the Commissioner of Police for Rivers State where he brought peace to a once political turbulent state. Tunde Ogunsakin was also a member of the presidential task force on education tax funds 1999–2000. His concerted efforts ensured the panel recovered 7.8 billion Naira unpaid tax to the Nigeria Government. The development of Nigeria is his passion, and he feels the development in Country may not be sustainable without appropriate fiscal policy like good taxation system. The huge tax evasion and avoidance by Nigerians and business organisations cannot be exaggerated, a prompt for Tunde Ogunsakin to write this book: ‘A Review of Effective Tax Regime in Nigeria’.