Nigeria's largest taxpayers for 2024 have contributed over N800 billion in taxes, marking a 110% increase from 2023. Companies like Dangote Cement, MTN Nigeria, and UBA lead the list, showcasing the impact of Nigeria's largest corporations amid ongoing tax reform discussions.
In the midst of a...
Lagos Governor Babajide Sanwo-Olu refutes claims that Lagos will benefit the most from proposed tax reforms. He stresses the need for a collective effort to ensure the reforms unlock opportunities for all states, addressing misconceptions and emphasizing the urgency to improve Nigeria's low...
Dr. Isa Pantami, former Nigerian minister, critiques President Tinubu's proposed tax reform bills, highlighting concerns over ambiguous sections that could hinder implementation. He advises suspending legislative action for further consultation and emphasizes rebuilding public trust in...
Nigeria's government plans tax reforms targeting higher earners, with those earning over ₦1.5 million monthly facing up to 25% personal income tax. Taiwo Oyedele, chairman of the tax reform committee, announced changes aimed at fairness, reducing taxes for lower incomes, and promoting small...
Nigeria's federal government has recently announced plans to simplify its tax system by significantly reducing the number of taxes from the current 62 to less than 10. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, unveiled this decision during a...
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