•Tinubu and National Assembly Complex The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, has disclosed that the National Assembly will pass the controversial tax reform bills into law in the first quarter (Q1) of 2025. Speaking at the weekend during The Platform, an event organised by The Covenant Natio...
More facts have emerged as to how President Bola Ahmed Tinubu and the 36 state governors of the federation finally arrived at a consensus on the contentious tax reform bills. The president, yesterday, issued a statement praising the governors who, speaking under the umbrella of the Nigeria Governors Forum (NGF), announced some adjustments to t...
The Nigeria Governors’ Forum (NGF) has rejected the move to increase Value Added Tax (VAT). The governors also expressed support for the ongoing legislative process of the Tax Reform Bills, reports The Nation. It also proposed an “equitable” sharing formula for value-added tax (VAT). This development was an outcome of a meeting between the NGF...
•Nigerian Senate Strong indications emerged yesterday that the Senate is on the verge of holding a public hearing on the Tax Reform Bills, with the aim of presenting them for a third reading and eventual passage. This development was confirmed following a closed-door session of the Senate Ad-hoc committee and key government officials, includin...
The Coalition of Northern Groups and civil society organisations have rejected the proposed tax reform bills sent to the National Assembly by President Bola Tinubu for legislative approval, stating that the bill and other related policies will deepen economic hardship, marginalize regions, and undermine national unity. Speaking at a town hall ...
•Nigerian Senate The Senate would upon resumption starting January 14, begin investigation of alleged economic sabotage in the petroleum industry, the amendment of the 1999 constitution, and key economic reform initiatives by the President Bola Tinubu led administration. The Leader of the Senate, Senator Opeyemi Bamidele (APC: Ekiti Central...
•NLC President Joe Ajaero The Nigeria Labour Congress, NLC, yesterday insisted on the withdrawal of the Tax Reform Bills forwarded by President Bola Tinubu to the National Assembly for passage to enable all key national stakeholders to be part of the process. Recall that the bills had drawn sharp criticisms from some parts of the […]
•Taiwo Oyedele The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that some Nigerians rain curses on him and his family over the tax reform bills. Oyedele spoke during an event for the presentation of the report of a technical committee set up by the League of Northern Democrats (LND) to […]
•Nigerian workers under the aegis of The Nigeria Labour Congress (NLC), have urged the National Assembly to suspend work on the tax reform bills to allow for broader consultation and meaningful engagement with Nigerian workers. The congress criticised its exclusion from the formulation process of the bills, describing it as “unacceptable and a...
•Ibrahim Shekarau A former Kano State governor, Senator Ibrahim Shekarau, and some elite members of the League of Northern Democrats, today, announced that they have set up a technical committee to review the four tax reform bills before the National Assembly. The move was revealed in a statement issued in Abuja by the league spokesman, [&hell...
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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