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FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals

FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals   President Bola Tinubu has made key appointments, naming board chairpersons for 43 federal agencies and parastatals, as well as a secretary to the board of the Civil Defence, Immigration, and Prisons Services. The President, according...

Governors Back Tax Reforms, Endorse New VAT Sharing Formula

Governors Back Tax Reforms, Endorse New VAT Sharing Formula After weeks of intense debate, governors from Nigeria's 36 states and the Presidential Tax Reform Committee have finally reached an agreement on how to share the Value Added Tax (VAT). The governors, at the end of their...

Oyedele: Tax Reforms Will Reduce Taxes For 90% of Workers

Taiwo Oyedele, Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax Reform, has clarified that individuals earning N1.7 million or less a month will see a reduction in Pay As You Earn (PAYE) taxes under the proposed Tax Amendment Bills, contrary to some speculations. 

Tax Burden Reduced for 90% of Public, Private Sector Workers – Oyedele

Tax Burden Reduced for 90% of Public, Private Sector Workers - Oyedele   The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has maintained that over 90 per cent of workers in the public and private sectors would be paying lower...

Tax Reforms Bill have not Addressed Nigeria’s Regional Uniqueness – Report

Tax Reforms Bill have not Addressed Nigeria’s Regional Uniqueness – Report A recent survey by SBM Intelligence alleges that the federal government’s proposed tax reforms fail to account for the unique characteristics of certain Nigerian regions. The report, however, admits that the reforms aim to reduce...

Tinubu’s Tax Reforms as Opportunity to Revive Northern Economy, by Kabir Akintayo

Tinubu’s Tax Reforms as Opportunity to Revive Northern Economy, by Kabir Akintayo   The newly proposed tax reform bill has progressed to the second reading stage in the Senate despite the groundswell of opposition against it which is too significant to be ignored. Recall that the National...