Wednesday, July 9, 2025

TAXATION

TAXATIONTOP STORY

NESG drums support for new tax laws

The Nigerian Economic Summit Group (NESG) has thrown its weight behind ‘The 2025 Nigerian Tax Reform Acts’, saying these laws aim to simplify the tax system, among other advantages. The Group in its latest publication on Tuesday titled: ‘The 2025 Nigerian Tax Reform Acts: Taxing the Fruits, Not the Seed’,...
TAXATIONTOP STORY

Between 10 and 19% Nigerians pay taxes

The Federal Inland Revenue Service (FIRS) has revealed that only between 10 and 19 per cent of Nigerians pay taxes, making it one of the lowest compliance rates on the continent. Speaking at the public presentation of a new children’s tax education book titled “Taxation: Essential Knowledge for Nigerian Children,”...
TAXATIONTOP STORY

Reps approve tax reform bills

The Chairman of the House of Representatives Committee on Finance, Mr. James Faleke (APC-Lagos), has assured Nigerians that the tax reform bills will produce widely acceptable laws. Faleke gave this assurance on Thursday after the House considered and adopted the report on the four tax reform bills during its session...
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