Businesses shut down, jobs are lost, and families lose their source of income. Young people, unable to find work or sustain enterprises, grow disillusioned. Prices rise...
The TIN-for-bank-accounts policy, while well-intentioned, risks undermining financial inclusion, triggering economic instability, and imposing unnecessary burdens on millions who are not tax evaders but survival-based earners.
It is important to know that the reform shifts the focus from taxing investment, capital, and production to taxing income, consumption, and returns. It is a...
A country cannot modernize its tax system while leaving its revenue gateways in the shadows. Nigerians want answers. They want openness. And they want assurance that...
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...