‎In markets, offices, WhatsApp groups and banking halls across Nigeria, one narrative has travelled faster than the reforms themselves, that the new tax laws introduced a fresh tax on electronic transfers and that government is now dipping directly into citizens’ money each time they send funds.

Even as President Bola Ahmed Tinubu’s administration intensifies efforts to expand Nigeria’s revenue base through sweeping tax and fiscal reforms.

When President Bola Tinubu’s administration approved the establishment of the Office of the Tax Ombudsman in 2025.

Nigeria’s newly established Office of the Tax Ombud has pledged to restore taxpayer confidence and strengthen voluntary compliance.

Bank Services VAT is Not New - FG The Federal Government said on Thursday that value-added tax on banking services is not a new policy, after reports suggested the levy had recently been introduced on electronic money transfers and other transactions. The clarification followed public complaints...

Tax Reform to Protect Low-income Nigerians - Oyedele The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that small-scale investors in the capital market are fully exempted from paying capital gains tax, while the 2026 tax reform law...