TAXATION

The presidency on Friday cautioned Governor Bala Mohammed of Bauchi State over his sustained criticism of the Tax Reform Bills before the National Assembly. Sunday Dare, Special Adviser to the President, Media and Public Communication, in a statement, said attempts to stampede or abort the tax Reform Bills must be...

Northern stakeholders, under the aegis of the League of Northern Democrats (LND), have called for amendments to President Bola Tinubu’s Tax Reform Bills. The bills, currently under review in the National Assembly, have sparked heated debates nationwide, with many governors and leaders from the North expressing strong opposition. The tax...

The South-East Caucus in the Senate has declared its stance on the Tax Reform Bills currently before the National Assembly. In a statement released on Monday, the caucus announced its position after a closed-door meeting of senators from the five South-East states. According to Senator Enyinnaya Abaribe, the leader of...

The 2023 presidential candidate of the Labour Party (LP), Peter Obi, has expressed support for President Bola Tinubu’s administration over its proposed tax reform bills, describing the reforms as critical and long overdue. President Tinubu’s Tax Reform Committee, headed by Taiwo Oyedele, has faced backlash in Northern Nigeria, with various...

The former Speaker of the House of Representatives, Yakubu Dogara, has admonished northerners to refrain from opposing President Bola Tinubu’s proposed tax reform bills. The tax reform bills have since heated the polity with several northerners, including governors, lawmakers and other stakeholders criticising the bills as anti-north. They had claimed...

The Catholic Bishop of Sokoto Diocese, Bishop Hassan Kukah, has expressed support for the proposed tax reform bills introduced by President Bola Tinubu, stating that they have the potential to curb the recklessness of the elite in the country. The clergyman shared his views during an appearance on Channels Television’s...

  Senator Orji Kalu, who represents Abia North at the upper legislative chamber has revealed that the Federal Government made a mistake not to have carried the National Executive Council, Nigeria Governor’s Forum, and the Council of State along in its tax reform bills. Kalu disclosed this on Monday in...

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 to the new derivation-based...

  The Country Director of Oxfam International in Nigeria, John Makina, has said that implementing a progressive wealth tax could enable Nigeria to generate over $7.5 billion annually, trussing that over 99per cent of the wealthiest citizens evade or avoid tax paying Makina  lamented: “Only 40 of the wealthiest Nigerians...

As part of initiatives towards increasing efficiency in revenue collection in Anambra State, leading financial institution, Fidelity Bank Plc, has donated 10 units of tax booths to the Anambra State Internal Revenue Service (AIRS). Commenting on the donation, the Regional Bank Head, Awka, Fidelity Bank Plc, Dr. Nosa Orumwense, explained...