tinubu tax reforms

  1. Governors Support Tinubu’s Tax Reforms, Recommend New VAT Formula

    Nigeria Governors Support Tinubu’s Tax Reforms, Recommend New VAT Formula

    The Nigeria Governors’ Forum supports Tinubu's tax reforms, proposing a revised VAT sharing formula of 50% equality, 30% derivation, and 20% population. They urge exemptions for essentials, maintaining current VAT rates, and reforming tax laws to boost fiscal stability. Governors stress...
  2. Bauchi Governor to Tinubu: Your Policies Are Hurting Nigerians

    Nigeria Bauchi Governor to Tinubu: Your Policies Are Hurting Nigerians

    Bauchi Governor Bala Mohammed has criticized President Tinubu’s policies, claiming they are causing widespread suffering. Citing tax reforms as a key issue, Mohammed urged Tinubu to listen to Nigerians and correct his mistakes. The governor also called on Islamic scholars to mediate and help...
  3. Tinubu Insists on Moving Forward with Tax Reforms Despite Growing Political Divide

    Nigeria Tinubu Insists on Moving Forward with Tax Reforms Despite Growing Political Divide

    President Bola Tinubu intensifies his efforts to pass controversial tax reform bills, including the Nigeria Tax Bill 2024, amid resistance from northern governors. Despite opposition, Tinubu remains determined, asserting the reforms are crucial for economic modernization, while southern...
  4. Dogara Slams Northern Leaders, Calls for Backing Tinubu’s Reforms

    Nigeria Dogara Slams Northern Leaders, Calls for Backing Tinubu’s Reforms

    Former Speaker Yakubu Dogara criticized Northern leaders for 40 years of unproductive rule, attributing the region's underdevelopment to poor governance. Speaking at a town hall meeting, he urged Northerners to support President Tinubu’s tax reforms, emphasizing accountability and national...
  5. Full List: Electric Vehicles, Gas Equipment Among 63 VAT-Exempt Items in Nigeria

    Nigeria Full List: Electric Vehicles, Gas Equipment Among 63 VAT-Exempt Items in Nigeria

    Nigeria's government has exempted 63 items from Value-Added Tax (VAT) under the 2024 fiscal reforms, including electric vehicles, gas processing equipment, and biofuel components. This initiative, led by the Presidential Committee on Fiscal Policy, aims to reduce industry costs, promote cleaner...
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