The Federal Executive Council (FEC) is proposing an amendment to the National Identity Management Commission (NIMC) Act No. 23, 2007 to issue a National Identification Number (NIN) to foreigners living in the country.
The FEC, on Wednesday, also proposed the Economy Stabilisation Bill to pave the way for the taxing of foreigners living and working in Nigeria.
The two proposed legislation are aimed to “expand the scope of registrable persons to include foreign individuals with the taxable presence or taxable source of income in Nigeria, and make provisions for the mandatory use of National Identification Number for transactions which are relevant for tax administration, and for related matters.”
The government proposes a new paragraph to Section 16, which reads, “Any person, whether or not he is a citizen of Nigeria, who is deemed to be resident or otherwise subject to tax in Nigeria under any legislation in force in Nigeria.”
