Tinubu Plans To Bar Customs, NPA, Others From Revenue Collection 

President Bola Tinubu may bar revenue-generating agencies from collecting revenues on behalf of the Federal Government as he plans to introduce a single agency – Nigeria Revenue Service – to handle the task. This came as the Federal Government instituted a comprehensive set of fresh tax reforms aimed at significantly boosting revenue collection. The reforms,…

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FLASH: We’re Proposing Law To Increase VAT To 10% – Presidential Tax Committee Announces

The Nigerian government on Tuesday, September 3, announced its plan to increase Value Added Tax (VAT) from 7.5% to 10%. Taiwo Oyedele the Chairman Presidential Fiscal Policy and Tax Reforms Committee gave a hint on this while speaking during an interview on Channels TV’s Politics. According to Oyedele, the committee is proposing a law to…

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FLASH: Lagos Government Ro Tax Remote Workers And Influencers To Increase Revenue 

The Lagos State Government has disclosed its plans to raise ₦200 billion yearly from about two million people through digital economy sector tax. To achieve this, the southwest state will add remote workers and digital influencers to its current income tax base, and enhance its revenue collection process with digital solutions. Per the excerpt document…

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