7 h. ago Tax reform: N’Assembly engages caucus leaders as hearing begins

After weeks of uncertainty, the Senate will today (Monday) commence a public hearing on the tax reform bills. On Tuesday, the House of Representatives will open its doors for stakeholders’ input on the controversial bills, which sparked intense debate during plenary two weeks ago before their eventual passage for second reading. The Chairman of the Read More

Politics

12 h. ago Nigeria’s current tax system stifles growth, deepens poverty – Oyedele

Taiwo Oyedele, the chairman of the Presidential Fiscal Policy and Tax Reform Committee, has stated that Nigeria’s current tax system read more Nigeria’s current tax system stifles growth, deepens poverty – Oyedele

Politics

39 h. ago Tax reform bills won’t harm Free Trade Zones, NEPZA assures stakeholders

NEPZA has reassured operators and enterprises within the country’s Free Trade Zones (FTZs) that the proposed 2024 Tax Reform Bills. read more Tax reform bills won’t harm Free Trade Zones, NEPZA assures stakeholders

Economics

3 d. ago “Obey Court’s Order, Suspend LG Election” – AGF Tells Gov Adeleke Amid Ongoing Crisis In Osun

Attorney General of the Federation, Lateef Fagbemi, has urged Osun State Governor Ademola Adeleke to put the local government election scheduled for Saturday, February 22, 2025, on hold. INFORMATION NIGERIA reports that Mr. Fagbemi’s statement is coming, amid ongoing political crisis in the state. A development between APC and Peoples Democratic Party in Osun State, […] The post “Obey Court’s Order, Suspend LG Election” – AGF Tells Gov Adeleke Amid Ongoing Crisis In Osun appeared first on Information Nigeria.

Politics

3 d. ago Senate Committee To Hold Public Hearing On Tax Reform Bills From February 24

The Senate Committee on Finance has announced that it will commence a two-day public hearing on the tax reform bills starting from February 24. This development, disclosed in Wednesday during plenary, is aimed at reforming the tax administration, collection, and operations of taxes in Nigeria. According to Senator Sani Musa, Chairman of the Senate Committee […] The post Senate Committee To Hold Public Hearing On Tax Reform Bills From February 24 appeared first on Information Nigeria.

Economics

4 d. ago Tax Reform Bills: Senate Set For Public Hearings, Invites 71 Stakeholders

The Senate, through its Committee on Finance, will hold a tow-day public hearing on Tax Reform Bills on Monday and Tuesday next week. The bills were forwarded to both chambers of the National Assembly on October 3, 2024, by President Bola Tinubu. The tax reform bills include: “The Nigeria Tax Bill (NTB) 2024,The Nigeria Tax […]

Economics

4 d. ago Reps committee gives Galaxy Backbone 72 hours to explain contracts, tax breaches

The House of Representatives Public Accounts Committee on Wednesday issued a 72-hour ultimatum to information and communication services provider, Galaxy Backbone, over allegations of financial irregularities and violations of contractual regulations amounting to billions of naira. The decision was reached during a public hearing at the National Assembly Complex, chaired by the committee’s chairman, Mr Read More

Politics

5 d. ago Hold Elections For Vacant National, State Assembly Seats, Reps Tell INEC

The House of Representatives has called on the Independent National Electoral Commission (INEC) to conduct bye–elections for vacant seats in the National and States Houses of Assembly. Therefore, the Green Chamber mandated its Committee on Electoral Matters to investigate the matter and invite the leadership of the Independent National Electoral Commission (INEC) to provide a […]

Politics

5 d. ago JUST IN: Reps to hold public hearing on tax reform bills February 26

The chas fixed February 26, for the public hearing of the tax reform bills, following their passage for a second reading by both chambers of the National Assembly. The decision to hold a public hearing where input from the public would be collated was announced by Speaker Tajudeen Abbas during plenary on Tuesday. To this Read More

Economics