Tag: Tax reforms

Reps adopt tax reforms, retains VAT at 7.5%
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Reps adopt tax reforms, retains VAT at 7.5%

The House of Representatives has adopted the Tax Reform Bills as a working document, confirming that Nigeria’s Value Added Tax will remain unchanged at 7.5%. Presenting the report on Thursday, the Chairman of the Finance Committee, James Faleke, assured lawmakers that contentious areas had been addressed and reaffirmed that the VAT rate would not increase. […]

BREAKING: Tinubu emerges ECOWAS Chairman
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Tinubu directs implementation of tax reforms committee’s recommendations

President Bola Tinubu on Tuesday directed the immediate implementation of recommendations of the Presidential Fiscal Policy and Tax Reforms Committee across all Ministries, Departments and Agencies. ⁣ To achieve the swift implementation, Tinubu asked his Special Adviser on Policy Coordination, Hadiza Usman, to liaise with the Office of the Secretary to the Government of the […]