Deputy Speaker of the House of Representatives, Benjamin Okezie Kalu, said the major aim of the tax reform bills is to raise the revenue profile of the country and also support investments both locally and internationally. He spoke during a meeting on UK -Nigeria Strategic Dialogue with the Deputy Leader, House of Lords and…

The pan-Yoruba socio-cultural and socio-political organisation, Afenifere, on Monday, lauded Governors, the Federal Government, and other stakeholders who worked tirelessly to resolve the conundrum in the tax reform bills proposed by President Bola Tinubu. The organisation congratulated them for removing the stalemate that characterised the four tax bills. In a statement issued by the National…

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has expressed optimism regarding the country’s economic recovery, citing increased investor confidence as a positive indicator. Ẹdun, in a recent African Business interview, noted the recent oversubscription of Nigeria’s Eurobond issue, which attracted $9.1 billion, surpassing the $2.2 billion target. "The oversubscription of our…

  Northern youths, under the umbrella of the Arewa Youths Consultative Forum (AYCF), have said that the 19 Northern governors should be held responsible for the negative controversies that are trailing the Tax Reform bills in the region, saying that it is the only policy, when implemented effectively, that will bail out the region from…

The Academic Staff Union of Universities (ASUU), Benin Zone, has sounded the alarm over the proposed tax reform bill, warning that it could lead to the "death" of the Tertiary Education Trust Fund (TETFund) by 2030. Speaking at a press conference in Benin, Professor Monday Igbafen, the zonal coordinator representing nine universities in Edo, Delta,…

  President Bola Tinubu on Friday applauded the Nigeria Governors' Forum over the group's unanimous endorsement of the four Tax Reform Bills currently under consideration by the National Assembly. This is as he urged the National Assembly to expedite legislative action on the bills so that the country can swiftly reap the benefits of the…

The Academic Staff Union of Universities (ASUU), Yola Zone, has kicked against the scrapping of TETFUND and the reduction

The Nigeria Governors’ Forum (NGF) has rejected any immediate increase in the Value Added Tax (VAT), citing potential economic pressure on businesses and households already dealing with inflation. The decision was made during a meeting with the Presidential Tax Reform Committee in Abuja on Thursday. In a communique issued after the meeting, the governors expressed…

Over the weekend, the leadership of the Nigeria Labour Congress (NLC) and other critical stakeholders, including tax experts, gathered in Ibadan, Oyo state, to assess their positions on the ongoing tax reform bills, saying a wider and deeper engagement is required.

Chieftain of the All Progressives Congress (APC), Sen Peter Nwaoboshi, has urged President Bola Tinubu to heed Northern leaders’ concerns about the proposed tax reform bills. 

Amidst opposition from a section of Nigerians, the House of Representatives has expressed its resolve to pass the controversial tax reform Bills initiated by President Bola Ahmed Tinubu. The Speaker of the House of Representatives, Dr. Tajudeen Abass dropped the hint Tuesday in a welcome address to the lawmakers on resumption from the Christmas and…

Over the weekend, the leadership of the Nigeria Labour Congress (NLC) and other critical stakeholders, including tax experts, gathered in Ibadan, Oyo state, to assess their positions on the ongoing tax reform bills, saying a wider and deeper engagement is required.