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tax reform

States Race for N4trn VAT Windfall as New Tax Regime Takes Off in January 2026

Tax Reforms Act 2025

Ahead of the January 1, 2026, commencement of Nigeria’s new tax regime, three states have completed the domestication of the Harmonised Taxes and Levies Law, signalling accelerating sub-national alignment with the Federal Government’s fiscal reform agenda. Anambra and Zamfara States have joined Ekiti State in enacting legislation to domesticate the harmonised tax framework, while Lagos, […]

NASS Orders Re-gazetting of Tax Laws Amid Alteration Allegations

senate

The leadership of the National Assembly has directed the Clerk, Kamoru Ogunlana, to immediately re-gazette the recently passed tax reform laws following serious allegations that the published documents were tampered with. The directive comes after Abdussamad Dasuki, a member of the House of Representatives, raised an alarm regarding significant differences between the bills passed by […]

Tax Reform Law: Senator Adeola applauds Tinubu, National Assembly leaders

taxation

By Tunde Opalana The chairman of the Senate Committee on Appropriations, Senator Solomon Adeola has applauded President Bola Tinubu, for signing into law four tax reform bills on Thursday. The landmark piece of legislation, he said, is “poised to transform Nigeria’s fiscal landscape, eliminate burdensome taxes imposed on vulnerable Nigerians, reduce tax compliance complexities, foster […]

President Trump’s major adviser resigns

As predicted by the American media recently, President Donald Trump’s top Economic Adviser, Gary Cohn, has resigned. Cohn, Tuesday, tendered his letter of resignation to President Trump, which was later announced by the white house. There has been speculations that his resignation was triggered by the announcement made by Trump on tariff. Newsmen gathered that […]