Wealthy Nigerians are now the primary focus of a data-intensive monitoring system designed to shore up public revenue. The taxman is no longer taking declarations at face value; instead, authorities are leveraging digital footprints, luxury purchases and lifestyle audits, tracking everything from bank transfers to high-end purchases, to smoke out underreported income.
“One of the ways we expect the tax authorities in Nigeria to bring wealthy individuals into the tax net will be through intelligent analysis of HNIs’ lifestyle,” said Esiri Agbey
