A CRITICAL EXAMINATION OF THE NIGERIAN NATIONAL TAX POLICY

Abstract

This article undertakes a critical examination of the Nigerian National Tax Policy (NTP). It finds that the Policy is very comprehensive, well-detailed and extensive. It identifies the issues set out to be tackled by the Policy and ascertains how successful this has been while also outlining recommendations to entrench the Policy. Although the Policy is lofty, the fact that it is just a ‘document’ and not a statute seriously limits its effectiveness. Nevertheless, a faithful implementation of same and the creation of more awareness would go a long way towards improving the tax jurisprudence of Nigeria.