•House of Representatives The four tax reform bills submitted by President Bola Ahmed Tinubu in October 2024 are now ready for presidential assent following the harmonisation of the versions of the bills passed by both chambers of the National Assembly. At plenary today, the House of Representatives considered the report of the conference comm...
Almost seven months after they were tabled, the Senate yesterday completed the passage of the four Tax Reform Bills. That action opens the way for a comprehensive review of the nation’s tax laws – the first since the colonial era, reports The Nation. The Bills will radically transform the tax system, widen the tax net […]
•Nigerian Senate The Senate has passed two out of four major tax reform bills, marking a significant milestone in the ongoing overhaul of the nation’s tax administration framework. The two bills, one seeking to repeal the Federal Inland Revenue Service (Establishment) Act and another to establish the Joint Revenue Board (Establishment) Bill 20...
The Senate is set to pass the tax reform bills forwarded by President Bola Tinubu to the National Assembly today (Tuesday). This development was confirmed by two prominent senators who requested anonymity, as they were not authorised to speak on the matter, reports The PUNCH. “This should have been done last week had the Rivers […]
•House of Representatives The House of Representatives will today (Thursday) begin clause-to-clause consideration of the reports of the tax reform bills. Speaker of the House of Representatives, Abbas Tajudeen, who announced this before adjournment of sitting yesterday, said the whole of today will be dedicated to the consideration of bills, r...
Tax and customs expert Mr. Okey Ibeke, today, raised concerns over the ongoing tax reform bills, emphasizing that the Nigeria Customs Service (NCS) plays a highly technical role that extends far beyond revenue collection. The expert described the NCS as a specialised agency requiring advanced technical skills to effectively carry out its funct...
•Nigerian Senate After many weeks of delay, the Senate announced yesterday it would open public hearings on the controversial tax reform bills forwarded to the National Assembly in October 2024 by President Bola Tinubu, next week. The four bills, Nigeria Tax Bill; the Nigeria Tax Administration Bill; the Nigeria Revenue Service (Establishment)...
•House of Representatives The House of Representatives today passed the tax reform bills for a second reading following an extensive and robust debate on the general principles of the legislation by lawmakers. The House had earlier consolidated the four tax reform bills sent to the House by President Bola Ahmed Tinubu last year into one [&hell...
•House of Representatives The House of Representatives will today begin debate on the tax reform bills presented to the National Assembly by President Bola Ahmed Tinubu for consideration and approval. The House had on November 30 last year suspended its planned debate on the bills indefinitely following opposition to sections of the bills by o...
•Nigerian Senate The National Assembly will resume plenary today, with plans to expedite action towards passage of the tax reform bills. Following its first sitting of 2025 on January 14, both chambers adjourned until January 28, to allow various committees to conclude work on the defence of the 2025 Appropriation Bill presented to the parliam...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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