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Tag: Tax law

featured Finance

KPMG flags gaps, risks in new tax laws

KPMG Nigeria has flagged what it describes as “errors, inconsistencies, gaps and omissions” in Nigeria’s tax laws that came into force at the beginning of this year. The professional services company warns that these issues could undermine the attainment of the tax reforms’ stated objectives if left unaddressed. The reforms, anchored on the Nigeria Tax […]

Business

North Central lead charge in Nigeria’s new tax reform drive

The North Central states, including Jigawa, Plateau, Kogi, Nasarawa, and Kwara, are taking active steps to implement the reforms and strengthen their revenue systems, As Nigeria rolls out its new tax laws. According to the Joint Revenue Board, these measures, backed by recently enacted laws and executive approvals, aim to boost internally generated revenue, improve […]

featured Policy and Regulations

Reps caucus probes alleged altered tax laws

The minority caucus of the House of Representatives has set up a seven-member committee to investigate allegations that the recently assented tax reform laws were altered after they were passed by the National Assembly. The committee is chaired by the lawmaker representing Ogbaru Federal Constituency of Anambra State, Afam Ogene, and has been mandated to […]

Opinion

Peter Obi slams tax policies, warns against burdening poor Nigerians

Former Labour Party presidential candidate, Peter Obi, has criticised Nigeria’s current tax policies, warning that national prosperity cannot be achieved by imposing heavier financial burdens on the poor. In a statement posted on his X handle on Friday, Obi said “prosperity cannot come by taxing poverty,” adding that nations which have achieved lasting economic and […]

featured Policy and Regulations

NASS releases certified true copies of new tax laws

The implementation of Nigeria’s newly enacted tax laws commenced on Thursday, as the National Assembly directed the release of Certified True Copies of the harmonised tax bills passed by lawmakers and subsequently signed into law by President Bola Ahmed Tinubu. The move, according to the Clerk to the National Assembly, Kamoru Ogunlana, is aimed at […]

Finance

Ondo gov presents new tax bill to Assembly

Ondo State Governor, Mr Lucky Aiyedatiwa, has forwarded a new tax bill to the Ondo State House of Assembly for legislative scrutiny, in preparation for the federal government’s planned implementation of a new national tax regime scheduled to take effect on January 1, 2026. The development was disclosed by the state Attorney General and Commissioner […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Politics

Tax: PDP accuses Tinubu of putting revenue above Nigerians’ welfare

The Peoples Democratic Party has accused the administration of President Bola Ahmed Tinubu of prioritising revenue generation over the welfare and well-being of Nigerians following the Federal Government’s insistence on commencing the new Tax Act on January 1, 2026, despite alleged discrepancies in its gazetted provisions. The opposition party renewed its call for the suspension […]

Opinion

FG can implement tax laws despite lawmakers’ objection – Expert

An economic expert at Bayero University, Kano, Professor Kabiru Isah Dandago, has stated that the Federal Government can lawfully proceed with the implementation of the newly signed tax reform laws despite objections raised by some members of the House of Representatives. Professor Dandago made this assertion during an exclusive interview with Daily Post, where he […]

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