Former Vice President Atiku Abubakar has stirred national debate after condemning what he described as the alleged forgery of President Bola Tinubu’s tax reform law, warning that any unauthorized changes to legislation passed by the National Assembly amount to a grave threat to Nigeria’s democracy. Atiku in a post...
Tax Reform bills
Nigerian Bar Association (NBA) has raised serious concerns over the controversies trailing the recently enacted Tax Reform Acts, warning that the issues threaten the credibility and transparency of Nigeria’s lawmaking process. President, Nigerian Bar Association, Mazi Afam Osigwe, SAN, in a statement on Tuesday, said the unfolding developments cast...
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “urgently direct Mr Lateef Fagbemi, SAN, the Attorney General of the Federation and Minister of Justice to widely publish a certified true copy of the version of the tax bills received from the National Assembly and a...
Renowned cleric and spiritual leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has unveiled his prophetic outlook for 2026, painting a picture of a year he said will test Nigeria’s political stability, security framework and economic resolve. Speaking during a press briefing at his Lagos church on...
African Democratic Congress (ADC) has called on the Federal Government to immediately suspend the implementation of the 2025 tax laws, raising serious allegations that key provisions were altered after they were passed by the National Assembly. In a strongly worded statement issued on Saturday, ADC spokesperson Bolaji Abdullahi accused...
The implementation of these new tax laws in January 2026; under President Bola Ahmed Tinubu administration, in the midst of insecurity, endemic corruption and high inflation, an unsteady economy, and an unstable Naira, has sparked a debate regarding the negative effects the laws would have on the Nigerian economy,...
Bloggers and Vloggers, Content Creators Association in Nigeria (BAVCCA), representing over 5,000 verified digital professionals across the country, has strongly condemned what it described as “deliberate misinformation and politicisation” of the nation’s tax administration by former Vice President Atiku Abubakar. Speaking at an emergency press conference in Abuja, BAVCCA...
The Federal Government has appointed Dr. John Nwabueze as the Tax Ombudsman, in accordance with the provisions of the Joint Revenue Board of Nigeria (Establishment) Act, 2025. This appointment aligns with President Bola Ahmed Tinubu’s commitment to implementing far-reaching and sustainable reforms in the tax and revenue administration framework....
Finance Minister Wale Edun has identified weak regulatory frameworks and the burden of multiple taxes as key obstacles hindering the growth of Nigeria’s telecommunications sector. Speaking at a business roundtable on broadband investment and critical infrastructure protection in Abuja, Edun emphasized the urgent need for reforms to attract private...
Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has attributed Nigeria’s unprecedented surge in revenue to sweeping fiscal reforms championed by President Bola Tinubu led administration. Speaking to journalists at the State House in Abuja, Adedeji revealed that the federal government recorded N3.64 trillion in revenue...
Federal Government has revoked the 5% excise tax previously imposed on telecommunications services in Nigeria, a move expected to ease cost pressures for millions of mobile users. The tax, which was intended to apply to both voice calls and data, had drawn widespread criticism from industry players and consumer...
By ANIEFIOK UDONQUAK, Uyo – Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) has lauded President Bola Tinubu over the tax reform bills recently signed into law saying it is an indication of the Federal Government’s commitment to “building a transparent, and growth-oriented tax system.” It stated that...
President Bola Tinubu has signed four landmark tax reform bills into law, marking a significant milestone in the country’s economic governance. The ceremony, held on Thursday at the State House in Abuja, was attended by Senate President Godswill Akpabio and House Speaker Tajudeen Abbas, among other dignitaries. The four...
By DAVID IORJA Abuja- President Bola Tinubu will on Thursday sign into law four groundbreaking tax reform bills that will transform Nigeria’s fiscal and revenue framework. This is according to a statement issued by the presidential Media aide, Bayo Onanuga on Wednesday in Abuja. Mr. Onanuga said the four bills,...
The Senate on Thursday passed the remaining two of four key tax reform bills, having earlier approved two on Wednesday. The News Agency of Nigeria (NAN) reports that the newly passed bills are the Joint Revenue Board Establishment Bill, 2025 and the Nigeria Tax Bill, 2025. Their passage followed...
The Senate passed two of the four Tax Reform Bills on Wednesday. These are expected to reform Nigeria’s tax laws. Lawmakers approved the bills after considering and adopting recommendations from the Senate Committee on Finance, led by Sen. Sani Musa. The four key bills are: the Joint Revenue Board...
The President, Trade Union Congress (TUC), Mr Festus Osifo, says the organised labour is against the proposed tax bills by the Federal Government because it imposes heavy burdens on workers’s meager allowances. Speaking during the 2025 May Day celebration in Abuja, Osifo criticised the bills for “disproportionately targeting workers...
The Presidency has said the Tax Reforms Bill, when passed, will make housing more affordable and available to Nigerians by reducing tax burden on the construction and real estate sectors The Chairman of the Presidential Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, made this known in Abuja on...
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Tax Reform Bill would curb poverty and empower ordinary Nigerians. Oyedele made this known at the Spokespersons’ Summit, organised by the Nigerian Institute of Public Relations (NIPR) in Abuja. He expressed strong optimism...
The Leader of the Senate, Sen. Opeyemi Bamidele, has said that the Senate will look into all issues of public concerns relating to the Tax Reform Bills, 2024. He also assured Nigerians that the upper chamber will consider the bills immediately after Eid-El-Fitir and Easter holidays. Bamidele made this...