The Federal Government is expected to kick-off its tax reforms aimed at simplifying Nigeria’s tax system in July, according to Head of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele. The tax chief stated that legislation is to be passed this quarter, with further preparations for implementation to follow in the coming months. Oyedele said: “I need to talk about the tax reforms. Part of the expectation is we expect the tax reforms to be approved, particularly the tax reform Bills in 2025. “Our expectation is before the…
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Tax reforms Bills: “Govs. limited knowledge responsible for criticism” – Oyedele
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, yesterday advised critics of President Bola Tinubu’s Tax Reform Bills to study the documents for informed opinions. Recall that Tinubu on October 3 last year transmitted his four tax reform Bills to the 10th National Assembly for approval. They consist of: the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. Since he unveiled the Bills, Tinubu has come under intense criticism, particularly from…
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