…the removal of petrol subsidy, exchange rate liberalisation, tighter monetary policy and tax reforms. According to the Bank, the reforms have begun to improve macroeconomic indicators. Economic growth increased from 3.5 per cent in the first half of 2024 to 3.9 per cent during the corresponding period of 2025, foreign…
…introduced through the Kwara State Internal Revenue Service, is part of broader tax reforms aimed at improving revenue collection, eliminating multiple levies and making it easier to do business in the state. In a statement issued on Tuesday, the Executive Chairman of KW-IRS, Shade Omoniyi, announced that the digital p…
…including the removal of petrol subsidies, exchange rate unification and comprehensive tax reforms, noting that the next phase was ensuring that Nigerians experienced their benefits. “We want to move from reform to results,” he said. The minister acknowledged that the reforms had imposed immediate costs on households,…
…voluntary tax compliance, exactly one year after the rollout of Nigeria’s comprehensive tax reform initiatives. In an earlier statement marking the anniversary, the NRS described taxpayer education as a critical pillar in sustaining the gains recorded since the reforms began. The landmark overhaul, which […] The post N…
…The FOOG Director-General also commended intervention programmes for small businesses, tax reforms and social investment initiatives aimed at cushioning the effects of economic reforms on vulnerable Nigerians. She maintained that President Tinubu’s experience and leadership had enabled him to take difficult but necessa…
…Education Loan Fund (NELFUND), the push for local government financial autonomy, the tax reform and, latterly, the commencement of the legislative processes for the creation of state police. In truth, considering the above list, at least at face value, it's hard to accuse Tinubu of inaction; he has a personal zeal for…
…housing delivery requires sound fiscal policies, innovative financing mechanisms, tax reforms and a conducive investment environment. "The housing sector remains one of the strongest drivers of economic growth. It has the capacity to stimulate manufacturing, create millions of jobs, deepen financial inclusion and attra…
…eliminate “multiple taxation while optimising revenue generation in line with the new tax reform law, to accelerate development across the Territory.” The Finance Minister noted that the meeting between him and Barr. Wike “centred on strengthening collaboration to advance the FCT’s infrastructure renewal agenda, with p…
…The third and perhaps most consequential case concerns allegations that Nigeria's tax reform laws were altered after passage by the National Assembly. This is far more serious than an internal leadership endorsement or a committee report. It touches directly on the authenticity of laws that bind citizens and businesses…