IntroductionThe Nigerian House of Representatives has upheld the Value Added Tax (VAT) rate at 7.5% while rejecting a proposed gradual increase to 15% by 2030, as suggested in the ongoing Tax Reform Bills deliberations. The decision comes as part of a broader review of tax legislation aimed at overhauling Nigeria’s tax framework. Key Developments in […]
The Northern Economic Development Forum has eased concerns raised by Northern governors over the new tax reform policies introduced by President Bola Tinubu, assuring that these reforms will benefit the northern region. Northern governors initially opposed the Tax Reform Bills, urging the National Assembly to reject them, arguing that the reforms might not align with […]
