Nigeria’s 2025 CGT reform is a commendable step toward a more equitable and efficient tax system. Aligning CGT with CIT, introducing progressive rates for individuals, and...
Economists agree that Nigeria needs a more effective tax system, but they caution that timing and implementation are key. Dr. Kelechi Onuoha, a fiscal policy analyst,...
Economist Daramola Omoyele calls on the Federal Government to tax religious institutions, arguing that excluding wealthy churches and mosques undermines fairness and public trust. He also...
The new reform is also a technology-driven reform, moving from an analog way to a digital way of collecting tax. This technology drive is a means...
A cursory look at the content of the tax reform documents seems to point out that the main motive of the government is to expand the...
The tax reform bill was passed without adequate consultation and input from the people fuelling the speculation that members of the National Assembly were “settled” to...
Nigeria achieves global milestone as its Tax-ID is registered under ISO/IEC 6523, with FIRS approved as Peppol Authority. The move simplifies tax compliance, boosts cross-border trade,...
For decades, Nigeria's economy has leaned heavily on petroleum, a resource that has provided wealth but also created over-reliance and vulnerability. President Tinibu’s administration, by introducing...
Secondly, it is expedient the process is decentralized and driven by accessible registration. With this, Tax ID enrollment centers should not be confined to major cities....
His explanation was polished, but it failed to strike at the heart of Nigeria’s economic reality: every additional tax or surcharge, new or old, harmonized or...