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TAX LAWS
Tax Laws Row: National Assembly Opens Records for Public Review
The leadership of the 10th National Assembly has directed the Clerk to the National Assembly to produce the Votes and Proceedings of lawmakers in both chambers, alongside the gazetted versions of the recently passed Tax Acts. The directive follows a controversy triggered by claims of alleged alterations to the tax reform bills as passed by […]
Oyedele – No automatic bank deductions under new tax laws
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the new tax laws scheduled to take effect on January 1, 2026, will not involve automatic deductions from personal bank accounts, as the reforms are based on self-declaration rather than direct debits. Oyedele gave the assurance while […]
New Tax Laws Will Take Effect January 1, Tinubu Insists
President Bola Tinubu has dismissed calls made by opposition figures and pressure groups to delay the implementation of the newly enacted tax laws. In a statement, Tinubu insisted that the tax laws will take effect on January 1, stressing that the reforms are not intended to impose additional tax burdens on citizens. Instead, he explained that […]