The Federal Government says it has set an aggressive target to increase tax collection as part of efforts to shore up revenue from the non-oil sector.
President Muhammadu Buhari disclosed this at the twenty first annual tax conference organized by the Chartered Institute of Taxation of Nigeria in Abuja.
The President who was represented by the Permanent Secretary in the Ministry of Finance, Dr. Mahmoud Isa-Dutse, noted that tax collection must grow in line with the growth in economy.
Meanwhile, the Integrated Data Services Limited, the premier geological and geophysical subsidiary of the Nigerian National Petroleum Corporation, NNPC, has revealed that it is aggressively boosting its seismic data acquisition technologies and capacities to handle ninety per cent of all seismic exploration projects in the Country, with a view to supporting the Federal government’s aspiration of growing the national reserves base to forty billion barrels.
Its Managing Director, Mr Morrison Tariah, who made this known in his office in Benin, Edo State, stated that Integrated Data Services Limited is in strategic partnership with BGP of China to capture ninety per cent data acquisition market share in Nigeria and other sub regions in Africa.
He disclosed that the company had thirty-four young Integrated Data Services Limited engineers on board the four Shell offshore seismic projects and also eight of his other engineers in Beijing, China for a year, all undergoing training to boost their capacity.
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