Browse Tag

Tax reforms

Taxing The Poor Won’t Make Nigeria Wealthy, Says Taiwo Oyedele

Nigeria Issues Transition Framework for Major Tax Reform Set for 2026 Rollout

June 18, 2026

The Federal Government of Nigeria has released detailed transition guidelines to support the implementation of its Tax Acts 2025, setting out how taxpayers, businesses, investors and public authorities will move from the

Business News·News·Nigeria

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

November 4, 2025

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

News

Nigerian Govt Publishes New Tax Laws In Gazette

September 11, 2025

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,

Business News

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

September 11, 2025

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

Opinion

Taxation, Increased Revenues And the Limits of Fiscal Reforms

September 8, 2025

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 –

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

Business News

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

September 5, 2025

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

News

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

August 15, 2025

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

Finance & Economy

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

June 28, 2025

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

Business News

New Tax Laws Will Not Raise More Taxes – Oyedele

June 26, 2025

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

News

Tinubu Signs Four Landmark Tax Bills Into Law

June 26, 2025

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 News·News

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

May 11, 2025

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

News·Politics

House Of Reps Fixes February 26 For Public Hearing On Tax Reform Bills

February 19, 2025

Nigeria’s House of Representatives has announced Wednesday, 26 February 2025, for a public hearing on the tax reform bills. According to Speaker of the House, Hon. Tajudeen Abbas, the public hearing will

News

Tinubu Hails Nigerian Governors For Endorsing Tax Reform

January 18, 2025

President Bola Tinubu has commended Nigeria governors for endorsing the proposed Tax Reform Bills currently under consideration by the National Assembly. Prime Business Africa reports that the Nigeria Governors Forum (NGF) had

Finance & Economy·News

Governors’ Stand On Tax Reform Bills: We Must Come Out Of Shackles Of ‘Feeding Bottle Economy’ – Expert

January 17, 2025

Economic experts have emphasised the need for the Nigerian government to adopt economic measures that would lead to fiscal sustainability in the long term, not settling for what they described as a

Politics

Northern Leaders Accuse Tinubu Of Imposing Tax Reforms On Nigeria, Say Action Undemocratic

December 29, 2024

Northern leaders have again expressed their dissatisfaction with the ongoing tax reforms in Nigeria and accused President Bola Tinubu of imposing it on the people. They said the president’s actions and utterances

News

No Going Back On Tax reforms – Tinubu

December 24, 2024

Nigeria’s president, Bola Tinubu has stated that his administration is not ready to drop the ball on the tax reforms on stream. Tinubu, who stated this during presidential media chat on Monday

Stop Encouraging Nigerian Army To Carry Out Military Coup, Shehu Sani Warns Instigators

News·Politics

Tax Reform Bills Will Spur Every Region To Be Financially Independent – Shehu Sani

December 6, 2024

Former lawmaker, Senator Shehu Sani, has stated that the proposed tax reform bills have provisions that will spur every region in Nigeria to rise and be financially independent. Sani, who stated this

Understanding What Tax Reform Bills Means for Nigerians- Experts

Opinion

Tax Reform Bill: The Problem Is Poor Communication Strategy

December 5, 2024

A major policy of the Tinubu administration designed to overhaul the nation’s inefficient tax codes and enhance fiscal performance of the government has run into unexpected opposition from key members of the

Akpabio-Natasha Sexual Harassment Saga: Absurdity Of A Senate Investigating Itself

Politics

Tax Reform Bills: Senate Halts Action, Forms Ad hoc Committee To Interface With FG

December 4, 2024

As the proposed tax reform continues to generate reactions from different quarters, the Nigerian Senate has suspended further actions on the bills and set up an ad hoc committee that would interface

Politics

Dogara Highlights Why Northerners Should Embrace Tinubu’s Tax Reforms

December 3, 2024

Former Speaker, Nigeria’s House of Representatives, Yakubu Dogara, has called on northerners to remove the cap of regionalism, sectionalism and religion and embrace President Bola Tinubu government’s tax reforms. President Tinubu had

Finance & Economy·News

Tax Reform Bills Will Reduce Burden For Businesses – Presidency

December 3, 2024

As controversies continue to trail the tax reform bills currently at Nigeria’s National Assembly, the presidency has stated that it will reduce tax burden on businesses and create a conducive environment for

Senate Probes ₦1.3 Trn CBEX Collapse, Vows Crackdown On Ponzi Schemes

News

Tax Reform Bills Scale Second Reading At Senate

November 28, 2024

The four tax reform bills that were sent to the Nigerian Senate for consideration have passed a second reading. The Senate President, Senator Godswill Akpabio, referred the four bills to the Committee

Tanzania To Impose Digital Tax On Big Global Tech Firms Soonest

Opinion

Much Ado About Tax Reforms

November 24, 2024

When I do my quick sweep of WhatsApp group platforms I am looking to see trending issues worth the pause for a read. Recently I found the Tax Reform package going through

Ghana Economic Reality Check Beyond The Tax Reforms

Finance & Economy·Opinion

Ghana’s Economic Reality Check: Beyond The Tax Reforms

November 18, 2024

In my previous article, “New Tax Reforms: Ghana Walking Into Nigeria-type Trap?”, I raised serious concerns about Ghana’s tax policy reforms and potential impact on its economy. Upon further reflection, however, I

Finance & Economy·Opinion

New Tax Reforms: Ghana Walking Into Nigeria-type Trap?

November 14, 2024

The Nigerian media have been agog with the fights between President Tinubu and the National Assembly on a proposed Tax Reform Bill. As this was ongoing, social media also set alight with

News·Politics

Tax Reform Bill: No Region Will Be Shortchanged, Shehu Sani Tells Northerners

November 7, 2024

Former lawmaker, Senator Shehu Sani, has stated that the proposed tax reforms by the President Bola Tinubu administration will not shortchange any region in the country. Contrary to the views held by

News·Politics

Tax Reform Bill Sparks Row Between Tinubu, Governors

November 2, 2024

Nigeria’s president and the 36 states governors appear to be on a collision course over the proposed tax reform bill currently at the National Assembly. The president has rejected a recommendation by

News·Politics

Fresh Hurdle For Tax Reform Bill As Northern Governors Reject Proposal

October 29, 2024

Northern Governors Forum has rejected the proposed Tax Reform Bill recently sent to the National Assembly, saying the provisions are against the interests of the north and other sub-nationals. The governors specifically faulted

How Nigerian Govt Can Generate N10trn From Non-oil Assets Annually – Tax Panel Chair

Business News·News

Oyedele Assures Nigerians Of Exchange Rate Reformation By December

October 31, 2023

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed plans by the Federal Government to introduce new foreign exchange rules that promise to bring the naira

Business News·News

Presidential Committee Proposes Tax On Unofficial Forex Transactions

October 25, 2023

the Presidential Fiscal Policy and Tax Reform Committee, led by Taiwo Oyedele, has recommended the imposition of excise tax penalties on foreign exchange transactions conducted outside the official market.

Business News·News

Tinubu Sets Up Tax Reforms Committee, Names PwC’s Oyedele As Chairman

President Bola Tinubu has approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms. This is in line with his promise to remove all barriers impeding business growth in Nigeria. READ ALSO: BREAKING: Tinubu Signs Executive Orders, Suspends 5% Excise

July 7, 2023

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