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...
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...
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...
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...
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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