The Senate special committee liaising with the Federal Government on the controversial tax reform bills and the Attorney-General of the Federation, Lateef Fagbemi, SAN, have yet to meet for the review of the bills. Two weeks ago, the Senate constituted…
…Says decentralising VAT collection will halve revenue for all states …Nigeria on threshold of fundamental economic reform through tax bills – Minister By Matthew Denis The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has urged the…
By Kenechukwu Aguolu ([email protected]) The proposed tax reform, involving four tax bills introduced by the Federal Government, has received significant criticism. Notably, it was rejected by the Governors’ Forum but was still forwarded to the National Assembly. Unlike the various…
…As FIRS Boss canvasses exclusion of vulnerable people in taxation By Seun Ibiyemi The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that the tax reform bills proposed by President Bola Tinubu aim…
By Dare Adekanmbi The transmission of four bills that aim to overhaul Nigeria’s tax system to the National Assembly two weeks ago by President Bola Tinubu has sparked debates in the polity about the purpose of the bills. Some have…
Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji has stated that the ongoing tax reforms by the Federal Government will improve the savings of the government and reduce the taxes paid by citizens. Adedeji spoke while appearing before…
Chairman of Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed the fears of Nigerians on possible introduction of new taxes through proposed tax reform laws. Adedeji made this known during an interactive session with members of the Senate Committee…
By Esther Agbo Amid mounting financial pressure, the Manufacturers Association of Nigeria (MAN) has called for swift government action to alleviate the tax burden on manufacturers. The association, representing key players in the sector, urged the government to further simplify…
Vice President, Kashim Shettima has urged members of the Presidential Committee on Fiscal Policy and Tax Reforms to develop a robust roadmap that will transform the nation’s economy. Shettima gave the advice on Monday when he received the members of…
