Northern Govs Reject Tinubu’s Planned Tax Hike
The 19 state governors in the Northern region have aired their strong displeasure on the recent Tax Reform Bill the Federal Government submitted to the National Assembly for approval.
The governors particularly rejected the proposed shift to a Derivation-based...
FG Plans 25% Tax on Nigerians Earning Above N100m Monthly
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that wealthy Nigerians earning N100m and above monthly will face a 25 per cent personal income tax rate if a...
Senate President Godswill Akpabio has sought the understanding of Nigerians over the current economic challenges occasioned by rising cost of living and an unpredictable market.Â
NASS Resumes Today, Asks Tinubu to Submit 2025 Budget
As the National Assembly resumes today (Tuesday) from its annual recess, the Senate Leader, Opeyemi Bamidele, said on Monday that both chambers of the National Assembly are expecting President Bola Tinubu to present the 2025 budget...
The Federal Inland Revenue Service (FIRS) has made plans to introduce an Executive Bill to the National Assembly which aims to overhaul Nigeria’s revenue system and regulate the cryptocurrency sector.
The National Assembly has been presented with a request from President Bola Ahmed Tinubu to approve a staggering N6.2 trillion increase to the 2024 budget.Â