9 h. ago Tax reform bills outcome will be acceptable to all Nigerans — Reps committee

Tribune Online Tax reform bills outcome will be acceptable to all Nigerans — Reps committee "We cannot continue to operate with those tax laws that are archaic to meet our demands for survival, business and for the revenue target that we seek to achieve. Tax reform bills outcome will be acceptable to all Nigerans — Reps committee Tribune Online

Economics

14 h. ago Tax reform bills: Reps restrict President’s powers to exempt/waive tax payments

Tribune Online Tax reform bills: Reps restrict President’s powers to exempt/waive tax payments The lawmakers also approved the provisions for the exemption of the personnel of Military Forces and other such Security Agencies from Personal Income Tax, in recognition of the sacrificial services these individuals render in keeping Nigerians safe. Tax reform bills: Reps restrict President’s powers to exempt/waive tax payments Tribune Online

Economics

16 h. ago Reps amend knotty revenue sharing formula in Tinubu’s tax reform bills

…retains 7.5% VAT, limits president’s powers The House of Representatives have amended some contentious clauses in President Bola Tinubu’s tax read more Reps amend knotty revenue sharing formula in Tinubu’s tax reform bills

Economics

17 h. ago Reps amend Tinubu’s tax bill, retains 7.5% VAT, removes inheritance tax, others

The House of Representatives Committee on Finance has amended some provisions of Tinubu’s tax Bill to incorporate some concerns of read more Reps amend Tinubu’s tax bill, retains 7.5% VAT, removes inheritance tax, others

Economics

44 h. ago Tax reform bills will expand Nigeria’s revenue stream – ICAN

Tribune Online Tax reform bills will expand Nigeria’s revenue stream – ICAN "I think with what they put in place, if it's implemented religiously, it will improve our revenue drive, it will also improve the way we act, our consumption pattern, and the Nigerian economy”, he said. Tax reform bills will expand Nigeria’s revenue stream – ICAN Tribune Online

Economics

4 d. ago Tax reform bills: Senator Lalong optimistic of economic reform

Tribune Online Tax reform bills: Senator Lalong optimistic of economic reform Senator representing Plateau South Senatorial District of Plateau State who is also a member Senate Committee on Finance, Simon Bako Lalong has expressed optimism that Nigeria's economy will experience a boost when the tax reform bills kick in. Tax reform bills: Senator Lalong optimistic of economic reform Tribune Online

Economics

9 d. ago We’ll Consider Your Inputs In Review, Passage Of Tax Bills, Abbas Assures Youth

The speaker of the House of Representatives, Hon. Abbas Tajudeen, has assured the various youth groups in the country that their input will be considered in the review of the proposed tax reform bills ahead of their passage by the legislature. Abbas gave the assurance at the National Youth Dialogue on Tax Reform Bills held […]

Economics

1 week ago Tax reforms: CSOs laud Senate, Reps over ‘fair public hearing’

Tribune Online Tax reforms: CSOs laud Senate, Reps over ‘fair public hearing’ Situation Room on Economic Reforms, a coalition of 100 civil society groups in Nigeria, has commended the National Assembly Committees on Finance for conducting a fair and transparent public hearing on the tax reform bills. Tax reforms: CSOs laud Senate, Reps over ‘fair public hearing’ Tribune Online

Politics

1 week ago Tax bills: Reflect public concerns before passage, stakeholders tell N’Assembly

Nigerians have asked the National Assembly to consider the issues raised by individuals, organisations, and the private sector on the tax reform bills. They asked the lawmakers to ensure that the bills were reviewed to address the concerns of those who submitted memos and spoke at the public hearing on the bills. This was as Read More

Economics

1 week ago Tax Bills: Experts Warn Against Undermining Nigeria Customs Service

As Nigeria pushes forward with its ambitious tax reform agenda, concerns are mounting that proposed legislative changes could inadvertently weaken the Nigeria Customs Service (NCS) to the point of redundancy. At a public hearing organized by the House of Representatives special committee on Tax Reform Bills, stakeholders warned that shifting customs revenue collection to a […]

Events

2 w. ago New Tax Reform Bills Will Improve Economic Growth – Senator Lado

The special adviser to the President on Senate Matters, Senator Basheer Lado, has assured Nigerians that the proposed tax reform bills, currently undergoing a public hearing at the National Assembly, will significantly boost the economy and enhance the standard of living for all citizens. Speaking in Abuja during a courtesy visit by a delegation of […]

Economics

2 w. ago NSCIA recommends passage of tax reform bills, calls for fairness

Tribune Online NSCIA recommends passage of tax reform bills, calls for fairness   THE Nigerian Supreme Council for Islamic Affairs (NSCIA) has called for equity and fairness to all sections and segments in Nigeria and recommended passage of the Tax Reform Bills before the National Assembly.    Moreover, it expressed  commitment to constructive engagement on national policy formulation and legislative reforms. The apex Islamic body in Nigeria made […] NSCIA recommends passage of tax reform bills, calls for fairness Tribune Online

Economics

2 w. ago Kano govt kicks on ‘constitutional breaches’ in Tinubu’s tax reform bills 

Tribune Online Kano govt kicks on ‘constitutional breaches’ in Tinubu’s tax reform bills  …opposes VAT increase, reduction in funding of TETfund, NASENI, NITDA as Sharia Council lists concerns in tax bills The Kano state government on Wednesday kicked against the constitutionality of certain provisions of the tax reform bills, specifically those granting the federal government extensive powers over state and local tax authorities.  The Permanent Secretary, Office of the […] Kano govt kicks on ‘constitutional breaches’ in Tinubu’s tax reform bills  Tribune Online

Economics

2 w. ago Customs Service Faces Existence Threat From Proposed Tax Reform Bills – NCS Boss

Bashir Adeniyi, Comptroller-General of the Nigeria Customs Service (NCS), has expressed concerns that the proposed tax reform bills pose a significant threat to the existence of the customs service. Speaking at a public hearing organised by the House of Representatives Committee on Finance, Adeniyi highlighted key objections contained in a 17-page memorandum submitted by the […] The post Customs Service Faces Existence Threat From Proposed Tax Reform Bills – NCS Boss appeared first on Information Nigeria.

Economics

2 w. ago Tax Reform Bills: Sharia Council, FCT Imams, Kano Govt, Yadudu Reject VAT Rise, Others

The Supreme Council for Shariah in Nigeria, Committee of FCT Imams Initiative, Kano State Government, and former Presidential Adviser Professor Auwalu Yadudu have raised concern about the proposed law on inheritance, saying it will infringe on the religious rights of Christians and Muslims. The stakeholders disclosed this on Wednesday during their various presentations at the […]

Economics

2 w. ago Tax reforms bills will legislate Customs out of existence, says CG

Bashir Adeniyi, Comptroller General of the Nigeria Customs Service have raised concerns that the proposed Tax reform bills are in read more Tax reforms bills will legislate Customs out of existence, says CG

Economics

2 w. ago Why we back tax reform bills — Fiscal Responsibility Commission

Tribune Online Why we back tax reform bills — Fiscal Responsibility Commission The Fiscal Responsibility Commission (FRC) has listed job creation, growth stimulation through investment, and diversification of revenue sources among the compelling reasons to back President Bola Tinubu's tax reform bills. Why we back tax reform bills — Fiscal Responsibility Commission Tribune Online

Economics

2 w. ago Tax reform: Senate plans review as Customs, ASUU fault provisions

The Academic Staff Union of Universities, on Tuesday, warned against the proposed withdrawal of the education tax to the Tertiary Education Trust Fund as contained in the tax reform bills currently undergoing public hearing at the National Assembly. The President of the union, Prof Emmanuel Osodeke, said the scrapping of TETFund could lead to the Read More

Politics

2 w. ago Remove Sections In Tax Reform Bill Conflicting With Sharia Law – NSCIA Tells Senate

Nigerian Supreme Council for Islamic Affairs has appealed to Senate to remove sections of the controversial tax reform bills that conflict with Sharia law. NSCIA, in a letter submitted to the upper chamber on Tuesday, urged the lawmakers to address some parts regarding marriage and inheritance in the bill. The council also called on the […] The post Remove Sections In Tax Reform Bill Conflicting With Sharia Law – NSCIA Tells Senate appeared first on Information Nigeria.

Economics

2 w. ago Nigeria to attain $1tn economy through tax reform bills – Senate

The Nigerian Senate has said that the proposed Tax Reform Bills will serve as a critical step in achieving President read more Nigeria to attain $1tn economy through tax reform bills – Senate

Economics