The National Assembly will resume plenary today, with plans to expedite action towards passage of the tax reform bills, according to Daily Trust. Following its first sitting of 2025 on 14 January, both chambers adjourned until 28 January, to allow various committees to conclude work on the defence of the 2025 Appropriation Bill presented to the parliament by President Bola …

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele has reiterated the need for nationwide consultations on the proposed tax reforms, despite opposition from some northern governors. Last Sunday on Arise News, Oyedele countered claims that the committee had not consulted with stakeholders, particularly governors. He revealed that four scheduled meetings with governors’ forums …

Governor Bala Mohammed of Bauchi State has denied accusations from the Presidency that he threatened President Bola Tinubu over the controversial tax reform bill. In a statement on Tuesday, Mohammed’s Special Adviser on Media and Publicity, Mukhtar Gidado, strongly refuted the claims, calling them a misleading face-saving tactic by the Federal Government. The Presidency had recently responded to Governor Mohammed’s …

President Bola Tinubu has said that the tax reforms have come to stay. Since the introduction of the tax reform bills, they have received strong objections among some lawmakers and other stakeholders. But during his first media chat on Monday night, the President said that the benefits of the tax bills far overweigh their disadvantages. He said that the tax …

You may have noticed the various dimensions the tax reform proposal by President Bola Tinubu is assuming. It is gradually taking the pattern of a typical Nigerian public affair, featuring those flaunting their support for the president and those perceived to be against him. Politicians on both sides are regaining their voices and posturing as defenders of the people, 19 …

The Minister of Information and National Orientation, Alhaji Mohammed Idris has warned about misinformation and fake news circulating around the tax bills and the reform agenda of the Bola Tinubu administration. In a statement in Abuja on Tuesday, the Minister said that fiscal reforms would not impoverish any state or region of the country, neither would they lead to the …

Since President Bola Tinubu transmitted four executive bills tagged #TaxReformBills to the national assembly last month, many needless controversies have engulfed the debate around the bill. Most of these controversies are simply borne out of inability of those flaming the controversies to carefully go through the contents of the bills currently before the parliament. As a result of, a lot …

The Presidency has assured that the tax laws under consideration by the National Assembly would increase the number of taxes now in operation. In an explainer on Thursday, the presidential adviser on Information and Strategy, Mr. Bayo Onanuga said that the proposed laws are rather designed to “optimise and simplify existing tax frameworks”. Addressing the concerns of governors of Northern …

The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. It introduced this in the Nigeria Tax Bill 2024, recently submitted to the National Assembly for consideration and approval. A copy of the draft was obtained by The PUNCH on Sunday. This means that each person now has the flexibility to …

The Presidential Committee on Fiscal Policy and Tax Reforms, led by Taiwo Oyedele, on Tuesday had audience with President Bola Tinubu at the State House. The import of the visit was a presentation to the President on current status of the committee’s assignment since its inauguration on 8th August 2023. The committee tagged its presentation ‘Quick Wins’ and sought the …