Under the former regime, Nigeria collected more than sixty taxes and levies that didn’t contribute much to the treasury as would have been expected. Downsides like multiple taxation and a cumbersome ...

When the conversations were ongoing about the tax reform, the tax committee promised that Nigerians earning N80,00 or less monthly would be excludedNow, the federal government has increased the ...

THE recently introduced tax reform bills spearheaded by the Presidential Fiscal Policy and Tax Reforms Committee, chaired by Mr. Taiwo Oyedele, are reshaping the Nigerian financial landscape—with the ...

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says under the new tax laws, Nigerian households earning N250,000 or less per month should be exempted from ...

President Bola Ahmed Tinubu on Thursday signed the four tax reform bills recently passed by the National Assembly, retaining Value Added Tax (VAT) at 7.5% and the Corporate Income Tax (CIT) at 30% ...

The Federal Government has disclosed that the implementation of the newly signed four tax fiscal reform laws will commence by January 1st, 2026.Addressing State House correspondents shortly after the ...

Government • A job well-done —AlajeRelief for businesses —OlugbenroPRESIDENT Bola Tinubu, no doubt, made history last week when he appended his signature to the new tax bill, and signed the tax ...

FOR decades, Nigeria’s tax system has been widely regarded as overly complex, burdensome for businesses, and inefficient in revenue generation. It discouraged investment and often penalized the poor ...

This bold language underscores the scope of vision driving the Tinubu administration — one that sees governance not merely as an exercise in policy drafting but as a deliberate covenant between ...

On the evening of July 1, 1964, a weary but elated Lyndon B. Johnson walked into his White House residence after a day of frantic vote-counting on Capitol Hill. His political adversaries in the Senate ...

The new tax reform acts, which were recently signed into law by President Bola Tinubu, have brought the earnings of remote workers in Nigeria within the tax bracket.Under the new provisions, ...

President Bola Ahmed Tinubu on Thursday signed into law four tax reform bills aimed at modernising Nigeria’s tax system and attracting international investment.Contents1. Households earning ₦250,000 ...