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Tax Matters

New Tax Reforms to Tackle Multiple Levies – Oyedele

New Tax Reforms to Tackle Multiple Levies - Oyedele   The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the country’s haulage and logistics industry would be one of the major beneficiaries of the tax reforms being put in place. Oyedele...

VAT, E-Money Transfers Outperform Oil as FAAC Distributes N2.1trn in Sept

VAT, E-Money Transfers Outperform Oil as FAAC Distributes N2.1trn in Sept While the Federation Account Allocation Committee (FAAC) shared N2.103 trillion among the three tiers of government for September 2025, the standout detail was the surging performance of non-oil revenue sources, which offset declines in...

‎EXPLAINER: How the New Tax Reform Laws Affect Nigerians in the Diaspora

‎Many Nigerians in the diaspora have raised certain questions regarding the new tax reform laws and the possible implications. ‎

How the New Tax Reform Laws Affect Nigerians in the Diaspora

‎How the New Tax Reform Laws Affect Nigerians in the Diaspora ‎ ‎Many Nigerians in the diaspora have raised certain questions regarding the new tax reform laws and the possible implications. ‎ ‎This note provides answers to the frequently asked questions and clarifies issues of concern. ‎ ‎𝐐1: 𝐖𝐢𝐥𝐥 𝐭𝐡𝐞...

Sex Workers Earn from Services Rendered, they Must Pay Taxes – FG

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Nigerians who earn income from sex work and other activities often considered “illegitimate” will be liable to pay taxes under the country’s new fiscal regime.

Tax Reforms Exclude Critical Sectors – FIRS

Federal Inland Revenue Service has explained that the government’s reforms exempt food, education, shared transportation, and agriculture from value-added tax.