The house of representatives minority caucus says it has discovered “illegal” alterations in the gazetted copies of the tax reform laws. In a statement issued on Friday, Afam Ogene, chairman of the seven-member committee set up by the caucus to probe the alleged alterations, said a review of the Acts showed that different versions are…
The National Association of Nigerian Students (NANS) has thrown its weight behind the implementation of the new tax laws, which took effect last week. The body said its new position was informed by engagements with officials from several government agencies and departments, including the National Assembly, Department of State Services (DSS), and Nigeria Revenue Service…
The house of representatives has released the four tax reform acts recently signed into law by President Bola Ahmed Tinubu. In a statement issued on Saturday night, Akin Rotimi, spokesperson of the house of representatives, said the move is aimed at ensuring transparency following the alleged alteration of the legislation. Abdussamad Dasuki, member of the…
Former Anambra State governor Peter Obi has criticised the country’s approach to taxation, warning that raising revenue by imposing heavier burdens on poor citizens would undermine economic growth, social trust and national unity. In a statement on his X account, Obi said prosperity could not be achieved by taxing poverty, arguing that taxation should operate…
President Bola Tinubu on Tuesday said the implementation of the new tax laws, including those enacted on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will take effect as planned. In a statement he personally signed, Tinubu said the reforms represent “a once-in-a-generation opportunity to build a fair, competitive,…
Prominent Islamic scholar from Kaduna, Sheikh Abubakar Alkali Zaria, has vowed that northerners will not pay the new controversial tax scheduled for implementation January 1, 2026. In a video circulating online, Mr Alkali said any representatives from the north who supported the implementation of the tax reforms will be dealt with whenever they return home….
The Nigeria Tax Reform Acts were formally presented to President Bola Tinubu at his Lagos residence on Friday. The presentation was made by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele. According to the official photos from the event, Oyedele handed the documents directly to the President. Photo from…
The management of the National Assembly has commenced the review of the new tax legislation process after controversy on the official gazette. In a statement issued on Friday, Director of Information in the National Assembly, Bullah Audu Bi-Allah, said the leadership and management of the legislative body are addressing the issues strictly within their constitutional…
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that President Bola Tinubu lacks the constitutional authority to suspend the newly enacted tax laws. Oyedele made this position clear amid growing calls for the Federal Government to halt the implementation of the laws following controversies surrounding their passage and…
The Federal Inland Revenue Service has announced that the National Identification Number issued by the National Identity Management Commission has automatically become the Tax Identification Number for individual Nigerians. The clarification was made in a public awareness campaign on the new tax laws shared by the Service on X on Monday. According to the FIRS,…
