Presidency Debunks Claims of Scrapping Key Agencies in Tax Reform
The Presidency has refuted widespread claims suggesting that the proposed tax reform bills before the National Assembly recommend the dissolution of key federal agencies. Recent debates surrounding the tax reform bills proposed by President Bola Ahmed Tinubu’s administration have generated significant misinformation, with some critics alleging that it aims to dissolve key government agencies. Additionally, […]
Senate Passes Tax Reform Bills For Second Reading
The Nigerian Senate has passed for second reading the Tax Reform Bills, a set of four legislative proposals, which among other things, seek to increase the Value-Added Tax (VAT) distributable to states to 55 percent while reducing the Federal Government’s share to 10 percent. The new legislative regimes also proposed zero VAT on exports and […]
