FEDERAL GOVERNMENT SAYS VAIDS NOT A WITCH-HUNT TOOL

The Minister of Finance, Kemi Adeosun has debunked allegations that the Voluntary Asset and Income Declaration Scheme (VAIDS) is a tool by the President Muhammadu Buhari-led Government to witch-hunt political opponents.

Adeosun explained that the VAIDS is not a political agenda but solely aimed at raising funds for the nation’s development.

She said VAIDS is justified as it pursues Nigerians who earn and have acquired more assets and income.

According to her, those who pay tax in Nigeria are low-income earners and salary earners whose taxes are deducted at source.

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