By Naomi Sharang Some members of the House of Representatives have advocated for tax incentives for small businesses in the Federal Capital Territory (FCT) to thrive. The lawmakers made the call at the unveiling of an entrepreneurial centre, Dreamskin Luxe Empire, in Abuja on Friday. The News Agency of NigeriaContinue Reading
By EricJames Ochigbo Abuja, Feb. 5, 2025 (NAN) Arewa Consultative Forum (ACF) says it will soon made known its position on the Tax Reform Bills forwarded to the National Assembly by President Bola Tinubu in October 2024. Secretary-General of ACF, Mr Muritala Aliyu, stated this in an interview with theContinue Reading
By Philip Yatai The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sought collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance tax compliance in the territory. The acting Executive Chairman of the Service, Mr Michael Ango, solicited for the partnership when he visited Executive Chairman of theContinue Reading
By Kadiri Abdulrahman, News Agency of Nigeria (NAN) President Bola Tinubu transmitted four tax reform bills to the National Assembly. The bills are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill. They are expectedContinue Reading
By Emmanuel Mogbede Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu is committed to accountability on tax bills and will always act in the best interest of Nigerians. Idris said this in a statement on Wednesday in Abuja, while reacting to the ongoingContinue Reading
By Deborah Coker Sen. Ned Nwoko (PDP-Delta) has said that the four new tax reform bills presently before the National Assembly would provide a stronger safety net for Nigerians. Nwoko, who is representing Delta North Senatorial District and a member of the Senate Committee on Constitutional Amendment asContinue Reading
By Salif Atojoko The Presidency has dismissed allegations that the tax reform bills before the National Assembly are designed to impoverish certain regions. In a statement on Monday, Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy stated that the bills aim to improve the lives ofContinue Reading
By Naomi Sharang The Chairman of the Progressive Governors’ Forum (PGF) and Governor of Imo State, Hope Uzodimma, has announced that the Forum will collaborate closely with the National Assembly to strengthen engagement on the proposed Tax Reform Bills. Uzodimma disclosed this while addressing journalists after a closed-door meeting withContinue Reading
By Salisu Sani-Idris The National Economic Council (NEC) has advised that the Tax Reforms Bill, currently before the National Assembly, be withdrawn. This recommendation was made on Thursday, following the council’s 145th meeting in Abuja. Gov. Seyi Makinde of Oyo, explained that the NEC noted the need for sufficient alignmentContinue Reading
By Salif Atojoko Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, has addressed the misconceptions surrounding the tax reform initiated by the current administration. He noted that the Northern Governors’ Forum on Oct. 28, led by Gov. Muhammed Inuwa Yahaya of Gombe State, expressed opposition toContinue Reading
