Former Finance Minister, Seth Terkper

Former Finance Minister, Seth Terkper has restated his stance against the government’s proposed e-levy.

This was to clear all doubts about his position after sighting some media reports allegedly stating that he endorses the levy.

In a statement dated January, 26 to set the record straight, he described the e-levy as a nuisance tax which discriminates against savers using electronic ‘wallets’, instead of banks and pillows, to save.

“This offends the principle of fairness in taxation,” he said.

Below is his full statement;