The presidency has clarified that the proposed tax reform bills will not harm the northern region or benefit only Lagos and Rivers. Bayo Onanuga emphasized that the reforms aim to improve Nigeria’s economy and quality of life, with no impact on key agencies like TETFund, NASENI, and NITDA.
The...
Peter Obi has called on the federal government to conduct public hearings on proposed tax reform bills. Emphasizing inclusivity and transparency, Obi stressed the importance of public trust and deliberation in policymaking to ensure effective and sustainable tax reforms that benefit all regions...
Northern governors have urged President Tinubu to delay tax reform bills, citing concerns over regional imbalances that favor Lagos and Rivers States. Borno Governor Zulum highlighted the need for deeper consultations, emphasizing the North's support for Tinubu while advocating for equitable...
Atiku Abubakar urges the National Assembly to reconsider the Tax Reform Bills and make public the National Economic Council's resolutions. He calls for transparency, fairness, and inclusivity in the legislative process, ensuring the reforms benefit all Nigerians. The bills have faced significant...
Senator Ali Ndume threatens to leave the APC over President Tinubu’s proposed tax reform bills, criticizing their potential impact on consumers and low-income earners. The controversial bills, which include increased corporate taxes, have faced resistance from northern governors and are set for...
Senator Ali Ndume of Borno South has addressed accusations of ignorance, defending his stance on President Tinubu's tax reform bills. He clarified that his years of teaching experience and education in Nigeria and the U.S. contradict claims that his attire and background make him unqualified to...
The Nigerian Senate is set to pass tax reform bills that will exempt citizens earning below N1 million annually from income tax. The proposed reforms aim to address the inequities in VAT revenue sharing and provide tax relief for low-income Nigerians, fostering a fairer tax system.
The Nigerian...
The Nigerian Senate is set to approve Tax Reform Bills, exempting individuals earning below ₦1 million from income tax. These reforms aim to modernize tax laws, target wealth, streamline administration, and ensure equitable VAT distribution. Economic experts clarified misconceptions, while...
The Nigerian Presidency is lobbying the National Assembly to pass four tax reform bills before 2025. The proposals, including a derivation-based VAT model, face resistance from Northern lawmakers and governors. Critics argue the reforms favor revenue-heavy states like Lagos, while proponents...
Northern lawmakers express concerns about the impact of Nigeria's tax reform bills, questioning the fairness of VAT redistribution and highlighting regional economic vulnerabilities.
Northern lawmakers in Nigeria have raised concerns about the potential impact of four tax reform bills currently...
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