Tax Reforms

A coalition of civil society organisations under the banner of The Patriots has dismissed allegations that the recently passed Tax Reform Acts were altered after approval by the National Assembly, describing the claims as unfounded and…

The Concerned Northern Elders Forum (NEF) has disowned and sharply criticised recent statements credited to the Northern Elders Forum over the activities of the Federal Inland Revenue Service (FIRS), describing the position as a…

By Dr Tope Fasua In recent weeks, a wave of commentary has suggested that Nigeria’s new tax regime may scare away investors, trigger capital flight, or damage business competitiveness. These concerns, although understandable in an…

The Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu has lauded the transformative reforms spearheaded by President Bola Ahmed Tinubu's administration, noting that the bold initiatives have laid a…

The Nigerian Senate has passed two significant tax reform bills: the Nigeria Revenue Service (Establishment) Bill and the Joint Revenue Board (Establishment) Bill. These bills aim to overhaul the nation's tax administration system by…

By Lukman Laleye Babalola When President Bola Ahmed Tinubu announced his ambitious tax reform agenda, it was clear that he intended to reshape Nigeria’s fiscal framework. The reforms, targeting personal income tax,…

The Senate on Thursday resumed its debate on the Tax Reform Bills, a set of four legislative proposals to increase value-added tax (VAT) distributable to the subnational governments to 55% while reducing the federal government’s share to…