…and that’s exactly what Mr President and council have directed today.” The former tax reform tsar said the Attorney-General of the Federation and his own office had been directed to work with other relevant agencies to address the matter holistically, spanning its administrative, accounting and governance dimensions. H…
…local government autonomy, police reforms, the Nigerian Education Loan Fund (NELFUND), tax reforms, and extensive road infrastructure projects across the country and the Federal Capital Territory. “While these reforms have come with short-term challenges, we believe they are difficult but necessary steps towards a more…
…Annual Conference. The event, themed “Building on the Gains of Recapitalisation, Tax Reform and Fintech Revolution,” will hold at Orchid Hotels, Dreamworld […] The post Bank recapitalisation, tax reform, fintech top agenda as industry leaders gather in Lagos for FICAN conference appeared first on Tribune Online.
…devise strategies to ensure that our debt levels are sustainable.” He noted that recent tax reforms could play a critical role in easing borrowing pressures if properly implemented.
…the sharp increase to the digitisation of the tax system, the enactment of four new tax reform laws, the transformation of the revenue service and an executive order aimed at closing loopholes in the tax system. The NRS, in an internal report on the state of the Nigerian economy obtained by The PUNCH on Sunday, insiste…
As Nigeria advances tax reforms, stakeholders are advocating an independent Tax Ombud, stronger professional collaboration and greater institutional transparency to foster taxpayer confidence, improve compliance and strengthen revenue administration. CHIMA NWOKOJI in this report examines various shades of opinions in t…
…through the Federation Account,” he said. He also defended the administration’s tax reforms, saying they were intended to protect low-income earners and small businesses while improving tax compliance among higher-income individuals and profitable companies. “The objective of the tax reforms is not merely to increase c…
…made by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, saying the claims do not hold up against publicly available data.In a statement released on Sunday, August 2, by his senior special Assistant on public communication, Phrank Shaibu, Atiku took aim at several key arguments Oy…
…and thst the assignment was critical to the successful implementation of the Tax Reform Acts, which came into effect on January 1, 2026. Mr. Raymond Omachi, the Permanent Secretary of the Ministry of Finance was named the Chairman of the committee. The minister described the reforms as the most far-reaching overhaul of…
…enterprises could not access affordable financing. He also reaffirmed MAN’s support for tax reforms that modernise tax administration and improve revenue generation but opposed the retroactive application of the 2025 Nigeria Tax Laws, noting, “Our position remains unchanged. We support reforms that modernise tax admini…
…through industrialisation and value addition; optimising public revenue through tax reforms and simplified compliance; and promoting inclusion through investments in education, vocational training, women, youths, persons living with disabilities, and small businesses.” Oyedele disclosed that the government would begin…
…Financial Shelter in Nigeria’s Changing Tax Landscape”, Olaolu said the 2025 Nigerian tax reforms had reinforced the relevance of cooperative societies by preserving tax exemptions on members’ savings, loans, dividends and surplus funds. According to him, registered cooperative societies remain largely shielded from ag…
…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…