FG Reduces Interest on Late Tax Payments
The Federal Government has linked interest charges on unpaid taxes to prevailing borrowing costs, saying delayed tax payments could force the government to borrow to cover revenue shortfalls.
Under a new framework taking effect on October 1, 2026, interest...
'Nigeria Needs More Taxpayers, Not Higher Taxes'
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday said Nigeria’s revenue challenge lies in expanding the tax net rather than increasing tax rates, stressing that the country needs more taxpayers, not higher...
FG Moves to Ease Tax Reform Implementation
The Federal Government has issued transition guidelines for the implementation of the Tax Acts 2025, clarifying how taxpayers, tax authorities and other stakeholders should manage obligations arising from the migration from the old tax regime to the...
FG Rules Out Fresh Taxes for Fuel, Telecom Sector
The Federal Government on Wednesday dismissed reports suggesting it had adopted or was considering the introduction of new taxes on telecommunications services and petroleum products following recommendations contained in the latest IMF Article IV Consultation Report...
‎Tax reform in Nigeria has historically triggered suspicion before support. But this time, something different is unfolding. Beyond the legislative fine print, the real innovation lies in how the reform is being communicated and implemented, through deliberate, structured stakeholder engagement.
