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Featured: Latest Nigerian News
vat sharing formula
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Nigeria Tax Reform Bills to Take Effect in July 2025, Oyedele Confirms
Taiwo Oyedele, chair of Nigeria's tax reform committee, announced plans to pass tax reform bills by Q1 2025, with implementation set for July. President Tinubu proposed four key tax bills aimed at restructuring the fiscal system, receiving backing from the Nigerian Governors Forum for equitable...- Nigeria News
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- 2 min read
- nigeria tax reforms taiwo oyedele tax policies tinubu tax bills vat sharing formula
- Category: Business
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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...- Nigeria News
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- 1 min read
- nigeria governors’ forum nigerian tax laws tinubu tax reforms vat sharing formula
- Category: Politics
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