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Important responsibilities of the bank are as follows:
The Central Bank of the country is governed by a Board of Directors, consisting of eight members. The members include a Governor, who is the chairman of the bank, the Deputy Governor, who is the deputy chairman, the Permanent Secretary to the Treasury, and five other non-executive directors. All the members are appointed by the President for a period of four years.
The Address and Contact details of the bank is as follows:
Address: P.O. Box 60 000 Nairobi KENYA
Phone No.: ++254-2-24 60 00
Fax: ++254-2-34 01 92
In Nigeria, as well as around the world, a majority of taxpayers view tax not as a contractual contribution to government expense, but as an involuntary tribute to be paid to avoid prosecution and penalty. Merely transcribing taxes from economic textbooks into local law will not work; tax regimes have to be developed from within the society, and targeted at the peculiar needs of the government. Tax policies have to be written by the people – and for the people. Only then would a sense of participation and expectation be truly generated, and the tax system manifestly effective. Read more
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