FG sets up panel on tax- related intelligence

The Minister of Finance, Mrs Zainab Ahmed on Friday in Abuja, inaugurated a steering committee for ‘Project Lighthouse’ initiative. ‘Project Lighthouse’  is the government’s data mining unit in the Federal Ministry of Finance, saddled with the responsibility of  compiling data of tax payers during the implementation of the Voluntary Asset and Income Declaration Scheme.

The Steering Committee is made up of representatives from the Nigerian National Petroleum Corporation, Federal Inland Revenue Service, Joint Tax Board, Nigeria Customs Service, Nigeria Inter-Bank Settlement System Plc, Central Bank of Nigeria, and Security and Exchange Commission. Other members are, Office of the Accountant General of the Federation, Corporate Affairs Commission, Abuja Geographical Information System, Nigerian Financial Intelligence Unit, Special Presidential Initiatives on Recovery of Public Properties, Economic and Financial Crimes Commission, Independent Corrupt Practice and Other Related Offences Commission, Budget Office of the Federation, Revenue Mobilization, Allocation and Fiscal Commission, Department of Petroleum Resources and National Bureau of Statistics. Ahmed while inaugurating the committee said it was part of initiatives targeted at boosting the revenue drive of the nation’s economy.


Source: Punch