Breaking News

To overcome these challenges, we must combat IFFs with all the determination we can muster, said by “Professor Yemi Osinbajo”



As co-lead with Barbados on Illicit Financial Flows (IFFs), Nigeria wishes to stress that IFFs have continued to erode domestic revenues, undermine governance, threaten economic stability, and diminish the abilities of governments to provide much needed public services

To overcome these challenges, we must combat IFFs with all the determination we can muster. We must act swiftly to adopt measures to ensure that taxes are paid where value is created, and this is especially important for the digital economy.

We must also establish public beneficial ownership registers; and strengthen arrangements for the exchange of tax information.

As global leaders, we must do everything in our power to emerge from the crisis caused by COVID-19 by “striving together” in order to “deliver for all.

I shared this earlier today on President @muhammadubuhari ‘s behalf during an address at the High Level Meeting of Heads of State & Government on Financing the 2030 Agenda for Sustainable Development in the ERA of COVID-19 and Beyond.

No comments

For Breaking News or Eye witness report
Whatsapp us on: +2348055749026