Governor Mai Mala Buni of Yobe has signed the state’s 2025 Appropriation and Finance Bills into laws. The News Agency of Nigeria (NAN) reports that Buni had on Oct 30, presented the bills worth N320.8 billion to the state House of Assembly for the 2025 fiscal year. The assembly had earlier passed the proposed expenditure…

President Bola Tinubu is focused on going through with the tax reform bills despite a barrage of criticism from the public, especially, from the North. Tinubu also turned down the advice of the National Economic Council (NEC) to withdraw the tax reform bills with the president optimistic that they would be successful. With the bills…

Despite sectional misgivings, the deepening of ethnic fault lines, and widespread mistrust in his reforms, Nigeria’s President Bola Tinubu’s push for a new tax regime may provide lifelines to businesses in the country’s north, according to a new report. Officials have argued that Nigeria’s tax system needs to be reformed, asserting that it has, over…

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has stressed the urgency of passing the Tax Reforms Bills, stating that they are crucial to addressing the struggles faced by most Nigerians. In an interview with Arise News on Wednesday, Oyedele responded to concerns raised by Borno State Governor, Professor Babagana…

John Akubo, Abuja The Nigerian Senate on Thursday approved President Bola Tinubu’s controversial Tax Reform Bills for a second reading. The Bills are: ‘A Bill for an Act to Establish the Joint Revenue Board, the Tax Appeal Tribunal, and the Office of the Tax Ombudsman, for the harmonization, coordination, and settlement of disputes arising from…

The Nigerian Senate had a rowdy session on Wednesday during deliberations on the contentious Tax Reform Bill that led to a shouting match between lawmakers. The debate presided over by Deputy Senate President Jibrin Barau, took a dramatic turn when Senate Leader Michael Opeyemi Bamidele invoked Order 12(1) to suspend standard Senate Rules, seeking permission…

The Federal Government on Monday moved to calm the nerves of governors and stakeholders who are worried about the proposed tax reform bills, particularly the new derivation-based model for Value-Added Tax (VAT) distribution. The government assured that the reforms will benefit all states fairly and are not targeted at any region. Chairman of the Presidential…

President Bola Tinubu is focused on going through with the tax reform bills after turning down the advice of the National Economic Council (NEC) to withdraw them. The president rejected the recommendation of NEC last Friday in a statement signed by his Special Adviser on Information & Strategy, Bayo Onanuga who also gave reasons for…

President Bola Tinubu has turned down the advice of the National Economic Council (NEC) to withdraw the tax reform bills. The president rejected the recommendation of NEC on Friday evening in a statement signed by his Special Adviser on Information & Strategy, Bayo Onanuga who also gave reasons for the rejection. "President Bola Tinubu has…

The Arewa Civil Rights Movement (ACRM) faulted the Northern Governors Forum's opposition to President Bola Tinubu's tax reform bills currently before the National Assembly. The bills, aimed at reforming tax collection in Nigeria, include the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment…

Governor Ahmadu Umaru Fintiri, of Adamawa State has submitted eight new bills to the state House of Assembly. The bills which were received and read at the plenary session by the Speaker of the Assembly, Bathiya Wesley, include a bill for a law to repeal the Adamawa State Accounting Amendment Law of number 22 of…