President Bola Tinubu transmitted four tax reform bills to the national assembly on 3 October 2024. The bills are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill. Together, these bills would overhaul tax administration and revenue generation in Nigeria, as many of the provisions contained …

States of the federation were split over the controversial Tax Reform Bills before the National Assembly. While some are in support, many are against it entirely, while others are kicking against some sections. A number of states said they are still studying the bills to take a stand. The division among the states came as the Presidency debunked insinuations that …

Yakubu Dogara has called for calm over the northern region’s criticism of the Tax Reform Bills before the National Assembly. Since the introduction of the bills before the National Assembly, prominent figures in the northern region have faulted them. Millions of others in the region have called for a review of the bills which most of them described as against …

The Chairman, Senate Committee on Ecology and Climate Change, Seriake Dickson (PDP, Bayelsa West), has said the National Assembly will pass the tax reform bills despite opposition from different quarters. In an interview with newsmen in Abuja on Monday, Dickson said the bills would be passed like the Petroleum Industry Bill (PIB), stressing that heavens would not fall when the …

As the controversy over the Tax Reform Bills continues to rage, experts have weighed in, calling for restraint and patriotism among Nigerians. Since their introduction – they have been sent to the National Assembly – the bills have attracted criticism in several parts of the country. Some claim they are targeted against the northern region with millions arguing they will …

The Presidency has come out to defend the proposed tax reform bills, which is currently before the National Assembly, and also dismissed the allegations that key agencies like the Tertiary Education Fund (TETFund), National Agency for Science and Engineering Infrastructure (NASENI) and National Information Technology Development Agency (NITDA), will be abolished. A statement on Monday, by the Special Adviser to …

The House of Representatives has suspended indefinitely the debate on the Tax Reforms Bills earlier fixed for Tuesday following mounting pressure from the 19 northern states governors. The planned debate was called off in a memo by the Clerk of the House of Representatives, Dr Yahaya Danzaria, as 73 northern lawmakers kicked against the bills. Those who rejected the bills …

Deputy spokesman of the House of Representatives, Hon. Philip Agbese has said that President Bola Tinubu’s proposed tax reform bills would take away the burden on poor Nigerians and small companies when signed into law. The four executive bills have since introduction pitched the 36 state governors against the Federal Government, with the former calling for the withdrawal of the …

The Borno State Governor, Babagana Zulum, has expressed strong concerns over the proposed tax reform bill, warning that it could have devastating consequences for the northern region and other parts of the country. In an interview with BBC Hausa on Friday, Zulum criticised the speed with which the bill had progressed through the legislative process, drawing comparisons to the Petroleum …

The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Mr. Taiwo Oyedele has said that four tax reform bills, which President Bola Tinubu submitted to the National Assembly would empower Nigerian youths to play a key role in the digital economy space. On his X handle , Oyedele said that the changes to the income tax laws were …