The Nigerian government is taking bold steps to overhaul the tax system, with four new bills currently under consideration by the National Assembly. These...
The Presidential Tax Reform Committee, led by Chairman Taiwo Oyedele, has proposed sweeping changes aimed at simplifying Nigeria’s tax system by eliminating all state-level...
The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that Nigerian businesses are shouldering an estimated $3.5 billion...
The Federal Capital Territory (FCT), has been selected as the model for implementing the harmonisation of taxes across the country.This was revealed by Mr....
The federal government has dismissed any possible increase in Nigeria’s Value-Added Tax (VAT) from 7.5 per cent to 10 per cent.The Minister of Finance...
In a move aimed at stimulating business activity and reducing compliance hurdles, Nigeria has approved a simplified withholding tax regime.This announcement came from Taiwo...
The federal government will soon introduce a law to cut the amount revenue-generating agencies take as cost of collection to one percent.The move is...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, had said the committee would propose the removal of Value...
The International Monetary Fund (IMF) says Nigeria can repay its debt obligations to the Washington-based institution following recent reforms.The IMF said this in the...