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Tax reforms

Federal Government Unveils Tax Reliefs to Ease Burden on Workers, Small Businesses

Nigeria has unveiled a sweeping set of tax reforms aimed at easing the financial burden on low-income earners and small businesses while tightening compliance and expanding the country’s tax base. The new laws, signed by President Tinubu in June 2025, are set

November 4, 2025

News

Nigerian Govt Publishes New Tax Laws In Gazette

The Nigerian Government has published the new tax laws in the official gazette, marking a significant milestone in the country’s fiscal policy reform. This was announced in a statement by Kamorudeen Yusuf, Personal Assistant on Special Duties to the President, via his

September 11, 2025

Business

Fuel Subsidy Savings Can’t Meet Nigeria’s Development Needs – Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has stated that the savings from the removal of subsidies on fuel since 2023 are insufficient to meet Nigeria’s economic needs. He stressed the need for Nigeria to embrace

September 11, 2025

Opinion

Taxation, Increased Revenues And the Limits of Fiscal Reforms

If any evidence was needed to prove the efficacy of President Tinubu’s fiscal reforms, the latest report from the Ministry of Budget & National Planning would suffice. For the period January – August 2025, the federal government collected a total revenue of

September 8, 2025

Food, Health, Education, Others Excluded From Proposed VAT Increase – Oyedele

Business

5% Fuel Surcharge: Revenue Will Be Used To Provide Transport Infrastructure – Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, Dr Taiwo Oyedele, has clarified the Federal Government’s purpose for collecting five percent surcharge on fossil fuel sales. In a video message released by the State House, Oyedele explained

September 5, 2025

News

Tax Reforms: FIRS Unveils 16 Tech Firms For E-Invoicing Platform

The Federal Inland Revenue Service (FIRS) has named 16 digital technology companies as certified service providers to facilitate taxpayers’ onboarding onto its National E-Invoicing Solution (Merchant-Buyer Model). The initiative aims to replace traditional paper/electronic invoices with structured digital transactions, enhancing tax compliance

August 15, 2025

Finance & Economy

Nigeria’s New Tax Laws: Key Benefits For SMEs And Workers

Nigeria’s newly enacted tax reforms represent a significant shift in the country’s fiscal policy. President Bola Tinubu on Thursday signed four new tax laws, marking a transformative approach to taxation aimed at stimulating economic growth, reducing burdens on vulnerable groups, and improving

June 28, 2025

Business

New Tax Laws Will Not Raise More Taxes – Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Mr Taiwo Oyedele, has stated that the newly signed tax laws will not lead to raising more taxes in Nigeria. Oyedele said the tax laws are “pro-poor” as they are meant to

June 26, 2025

News

Tinubu Signs Four Landmark Tax Bills Into Law

President Bola Tinubu has signed four landmark tax reform bills into law. The bills that were passed recently by the National Assembly aim at reforming Nigeria’s tax system for efficiency and enhancing business activities and the growth of the economy. Additionally, the

June 26, 2025

Business·News

Tax Reform Bills: Why Authorities Must Integrate Technology In Tax System– Expert

As Nigeria’s National Assembly harmonises the tax reform bills passed within the week, a tax expert has emphasised the need for authorities to introduce modern technology to ensure efficiency in collection and management. Wale Ajayi, Head of Tax, Africa at KPMG, stated

May 11, 2025

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Tax reforms

Federal Government Unveils Tax Reliefs to Ease Burden on Workers, Small Businesses

Nigerian Govt Publishes New Tax Laws In Gazette

Fuel Subsidy Savings Can’t Meet Nigeria’s Development Needs – Oyedele

Taxation, Increased Revenues And the Limits of Fiscal Reforms

5% Fuel Surcharge: Revenue Will Be Used To Provide Transport Infrastructure – Oyedele

Tax Reforms: FIRS Unveils 16 Tech Firms For E-Invoicing Platform

Nigeria’s New Tax Laws: Key Benefits For SMEs And Workers

New Tax Laws Will Not Raise More Taxes – Oyedele

Tinubu Signs Four Landmark Tax Bills Into Law

Tax Reform Bills: Why Authorities Must Integrate Technology In Tax System– Expert

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