30 results
- 3 Oct 2025
Fiscal Policy and Tax Reforms Committee Clarify New Tax Reform Laws
The Presidential Fiscal Policy and Tax Reforms Committee has clarified some misconceptions surrounding Nigeria’s newly enacted tax reform laws. Speaking at engaged journalists, influencers, and…
- 26 Jun 2020
Tax Transparency Report shows African Making Headway in Tackling Tax Evasion, Money Laundering
African countries made great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fund flows in 2019, the latest Tax Transparency in…
- 3 May 2026
Tax Ombudsman Sets 30-Day Limit for Settlement of Tax Disputes
John Nwabueze, chief executive officer, Tax Ombudsman, has assured Nigerians that complaints relating to taxes, levies, and regulatory charges will be resolved within 14 to 30 days. John Nwabueze,…
- 9 Aug 2026
Tax Reform Built on Taxing Prosperity, Not Poverty– Adedeji
Nigeria tax system is build on taxing prosperity not poverty, according to Dr. Zacch Adedeji, executive chairman, Nigeria Revenue Service (NRS). Dr. Zacch Adedeji, executive chairman, Nigeria Revenue…
- 1 Jan 2025
90 Percent of Workers to Pay Lower Taxes in Tax Reforms- PACFTR
Taiwo Oyedele, chairman, Presidential Advisory Committee on Fiscal Policy and Tax Reform (PACFTR) has said that contrary to speculations, individuals earning about N1.7 million or less per month will…
- 16 May 2024
Tax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System to Boost Internally Generated Revenues
Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make the country’s tax system more transparent and accountable to Nigerians…
- 23 Apr 2025
CITN Tasks New Tax Professionals to Shape Fiscal Policies for Efficient Tax System
Mr. Samuel Agbeluyi, the President of the Chartered Institute of Taxation of Nigeria, has charged incoming tax professionals to see their roles as critical to shaping Nigeria’s fiscal policies and…
- 28 Nov 2025
FG Establishes National Tax Policy Implementation Committee to Drive New Tax Law Execution
President Bola Ahmed Tinubu has approved the establishment of a National Tax Policy Implementation Committee (NTPIC) to ensure coordinated, nationwide implementation of the administration’s sweeping…
- 1 Sept 2021
PwC Faults Tax Tribunal’s Order on N900Bn Payment in FIRS Tax Claims against MultiChoice
PwC, leading professional services firm, has questioned the recent ruling of the Tax Appeal Tribunal (TAT) ordering MultiChoice Nigeria to deposit N900bn, half of the N1.8 trillion the Federal Inland…
- Editorial16 Aug 2026
Tax Ombudsman, NCC Move to Tackle Multiple Taxation in Telecoms Sector – Maida
Nigerian Communications Commission (NCC) has commenced discussions with the Office of the Tax Ombudsman on ways to address multiple taxation and other tax-related disputes affecting the telecommunications sector. Dr Aminu Maida, executive vice chairman and chief executive officer, NCC, disclosed this after a meeting with Dr John Nwabueze, tax ombudsman/chief executive of the Office of the Tax Ombudsman. Maida said the meeting focused on deepening collaboration between the two institutions to strengthen the ease of doing business in Nigeria’s telecommunications sector. According to him, the collaboration would help address issues surrounding multiple taxation and other tax disputes within the sector, with a view to ensuring that such matters are resolved more quickly and harmoniously. He said a more coordinated approach to resolving tax-related challenges would contribute to creating a more efficient and business-friendly environment for telecommunications operators and other stakeholders. The NCC boss also commended the establishment of the Office of the Tax Ombudsman, describing Nigeria’s decision to establish the institution as a significant milestone. He noted that Nigeria is among the few countries globally to have a Tax Ombudsman, stressing the importance of the office in promoting a more effective mechanism for addressing tax-related grievances and disputes. Maida said the NCC considers the Tax Ombudsman a key partner in its efforts to build a telecommunications sector that works better for operators, consumers and other stakeholders. He added that stronger institutional collaboration would be critical to addressing challenges in the sector and improving the overall business environment. The engagement is expected to provide a platform for both institutions to work together on tax-related issues affecting telecommunications operators while promoting greater efficiency and harmony in the sector.
- 15 Feb 2026
No VAT on Land, Buildings and Rent Under New Tax Law — Oyedele
Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, says land, buildings and rent are now fully exempted from Value Added Tax under the Nigeria Tax Act 2025. He…
- 3 Feb 2025
FG Introduces Withholding Tax to Increase Revenue for Critical Sectors
In a significant move to modernise its tax framework, Nigeria has introduced the Deduction of Tax at Source (Withholding Tax Regulation 2024), which took effect at the beginning of 2025. Speaking…
- 17 Dec 2012
Alarm over Rising Tax Evasion
Tax evasions by multinational companies Nigeria is so vast that one tax analyst believes that if the money were paid, Nigeria would have developed now. Gbemi Olajumoke, a tax consultant said that…
- 15 May 2022
FG Partners CITN to Spread Tax Dragnet
Chartered Institute of Taxation of Nigeria (CITN) has rolled out a Data for Tax initiative championed by the Joint Tax Board (JTB), the apex federal government body for tax authorities in Nigeria, to…
- 2 Feb 2020
Kaduna Unveils e-Tax Management Platform
Kaduna State Internal Revenue Service (KDIRS) has unveiled an e-Tax Management Platform to encourage voluntary tax compliance and ease payment process, known as e-tax management. Dr Zaid Abubakar,…
- 3 Dec 2020
FIRS to Go After Tax Defaulters from January 1
Federal Inland Revenue Service (FIRS) said it will go after tax defaulters to recover outstanding taxes as from January 2021. However, before embarking on the tax recovery drive, the FIRS said it…
- 13 May 2024
KPMG Says Higher Taxes Don’t Necessarily Lead to Sustainable Growth
KPMG, a global tax and advisory firm, has said that “no country can tax its way to prosperity,” adding that there is empirical evidence to prove that higher taxes do not lead to sustainable growth.…
- 27 Aug 2012
Misfiring Report Accuses Tech Coys of Tax Evasion
A new report tagged “Masters of Tax Evasion” has chronicled the way in which huge companies around the world have avoided paying equal share of taxes over the years and in simple terms concluded that…
- 29 Mar 2022
Buhari Waxes Worriedly over Current Tax Administration
President Muhammadu Buhari Tuesday expressed concern at the current tax system in the country characterised by fragmented administration, multiple and sometimes overlapping taxes. Buhari in Abuja…
- 16 Jun 2017
FG Targets 70m Nigerians, Churches, Mosques in New Tax Net
Federal government has initiated a nationwide tax awareness campaign to capturing 70 million more tax payers in its net. Briefing the press, yesterday, in Abuja on the initiative, Mrs. Kemi Adeosun,…
- 13 Nov 2019
Telcos Wax Worriedly over Heavy Taxes, Levies
Telecommunications operators in Nigeria now pay over 40 different taxes and levies to various agencies of governments at federal, state and local government levels. These taxes, according to…
- 18 May 2026
FG Unveils Free Tax Dispute Resolution Platforms for Nigerians
Federal Government on Monday unveiled digital platforms under the Office of the Tax Ombud, enabling Nigerian taxpayers to resolve tax-related disputes free of charge as part of efforts to improve…
- 5 Sept 2025
FG Says Tax ID Mandatory for Banking, Allied Services from January Next Year
Federal government has made Tax Identification, (Tax ID) compulsory for people getting involved in banking and allied services in the country. Consequently, all taxable Nigerians are to obtain a…
- 26 Jun 2025
Households Earning ₦250,000 Or Less Monthly Won’t Pay Tax – Oyedele
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said that under the new tax laws, Nigerian households earning ₦250,000 or less per month are classified as…
- 2 Nov 2021
Nigerians Pay One of Highest Tax Rates Worldwide – Oyedele
Taiwo Oyedele, fiscal policy partner and Africa tax leader at PwC, has said that Nigerians pay one of the highest tax rates in the world although the government only gets a fraction of it. This is…
- 11 Sept 2025
FG Says Tax ID, NIN Mandatory for Financial Transactions from January 2026
Nigeria Tax Administration Act, 2025 specifies that beginning from January 2026, Nigerians will be required to provide their full details — including National Identification Number (NIN), Tax…
- 3 Sept 2024
Tinubu’s Tax Comittee Mulls Hike in VAT by 2.5 Percent
Tinubu’s Tax Comittee Mulls Hike in VAT by 2.5 PercentThe Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced plans to propose a law to the National Assembly…
- 17 Dec 2019
FIRS to Begin Crackdown on Tax Defaulters Today
Federal Inland Revenue Service (FIRS) says it will begin a nationwide tax enforcement exercise on tax defaulters today, Wednesday, December 18. FIRS In a statement released on Tuesday by Wahab…
- 6 Nov 2025
Tax Ombudsman is to Protect Businesses from Harassment—Oyedele
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said that the creation of a new office of the Tax Ombudsman (OTO) is to protect businesses from harassment.…
- 1 Dec 2025
Tax ID Numbers tot Required for Strictly Personal Bank Accounts
Tax Identification Numbers (TINs) are not required for strictly personal bank accounts under Nigeria’s new tax reforms; they become mandatory only if the account is used for business transactions,…