4 d. ago Tax Reform Bills: Extricating Nigeria From Economic Cesspit – Atoyebi

  The Technical Assistant on Broadcast Media to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Aderonke Atoyebi has stated that the federal government’s tax reform bills are extricating Nigeria from economic inefficiencies and paving the way for economic growth. Atoyebi noted that when President Bola Ahmed Tinubu assumed office in May 2023, […]

Economics

8 d. ago Senate to consider tax reform bills, constitution amendment after Easter – Bamidele 

The Leader of the Senate, Senator Opeyemi Bamidele, on Thursday assured all that the Senate is looking into all issues of public concern relating to the Tax Reform Bills, 2024, which will be addressed immediately after the Eid-el-Fìtr and Easter holidays. The lawmaker representing Ekiti Central also revealed that the review of the 1999 Constitution Read More

Economics

1 week ago Senate to consider Tinubu’s tax reform bills after resumption

The Senate is set to prioritise the consideration and passage of President Bola Tinubu’s tax reform bills upon resumption from its recess on April 29. The four bills, Nigerian Tax Bill, Tax Administration Bill, Revenue Tax Board Bill, and Nigerian Revenue Service Establishment Bill were forwarded by the President as part of efforts to reform Read More

Economics

2 w. ago FG pauses implementation of new FRC levies on private firms, others

Tribune Online FG pauses implementation of new FRC levies on private firms, others Oduwole further stated that the private sector had made formal written submissions, which would be reviewed. "The Chairman of the Tax Policy Reform Committee will also be a member of that committee. FG pauses implementation of new FRC levies on private firms, others Tribune Online

Politics

3 w. ago Tax reform bills will improve Nigeria’s economy – Speaker’s aide

Chibuike Emmanuel, an aide to the Speaker of the House of Representatives, Tajudeen Abbas, has stated that the tax reform bills passed by the Green Chamber on Tuesday will drive development and improve the country’s economy. In a statement on Wednesday, Emmanuel also commended the speaker for his exemplary leadership in steering the passage of Read More

Economics

3 w. ago Speaker Abbas’ Aide Chibuike Applauds Principal For Passage Of Tax Reform Bills

Special Assistant to the House of Representatives Speaker on Energy, Hon. Chibuike Emmanuel, has commended his principal, Rt. Hon. Abbas Tajudeen, for his exemplary leadership in steering the passage of the four tax reform bills by the House of Representatives on Tuesday, March 18, 2025. The tax reform bills, which were sent to the National […]

Economics

3 w. ago Nigeria’s tax reform: A lifeline or another economic misstep?

The Nigerian House of Representatives recently passed four significant tax reform bills, signalling a potential shift in the country’s revenue read more Nigeria’s tax reform: A lifeline or another economic misstep?

Economics

3 w. ago CITN backs fiscal reforms, advocates smart tax infrastructure

The Chartered Institute of Taxation of Nigeria has reaffirmed its support for ongoing fiscal reforms while calling for the adoption of smart tax infrastructures to enhance revenue generation and promote economic growth. The 16th President of CITN, Samuel Agbeluyi, made this known on Tuesday while delivering his opening remarks at the Maiden ICT Summit on Read More

Politics

3 w. ago Students group urges NASS to deepen stakeholders’ engagement on tax reform

The Muslim Students’ Society of Nigeria (MSSN) has called on the National Assembly to deepen stakeholders’ engagement on the proposed read more Students group urges NASS to deepen stakeholders’ engagement on tax reform

Politics

4 w. ago Tax Reforms: Guidelines on advance pricing agreements in Nigeria

Introduction On November 27, 2024, the Federal Inland Revenue Service (FIRS) issued the Guidelines on Advance Pricing Agreements (“the Guidelines”) read more Tax Reforms: Guidelines on advance pricing agreements in Nigeria

Politics

4 w. 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

4 w. 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

4 w. 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