FAAC Distributes N1.727 Trillion to FG, States, and LGAs for November
The Federation Accounts Allocation Committee (FAAC) has distributed N1.727 trillion among the Federal Government, state governments, and local government councils ...
Tag: VAT
Bank Directors Commits to Support Inclusive Tax Reforms
The Bank Directors Association of Nigeria (BDAN) has reaffirmed its commitment to fostering fiscal policies that strengthen Nigeria's financial ecosystem. ...
NACCIMA Warns Against Arbitrary Taxation and Calls for Support to Boost Non-Oil Exports
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised concerns about the long-term effects ...
Tax Reform Bills to Replace Finance Act, Setting Long-Term Stability for Nigeria’s Tax System – Oyedele
Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms (PFPTRC), has revealed that the Finance ...
Nigeria Projects Record N13.08 Trillion Fiscal Deficit for 2025 Amid Rising Debt and Costs
The Nigerian government has projected a fiscal deficit of N13.08 trillion for 2025, marking a significant increase from the N9.18 ...
Tax Reform Bill to Eliminate Subnational Consumption Taxes, Says Oyedele
Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, has revealed that the upcoming tax reform bills will remove all ...
Nigeria’s Solid Minerals Sector Contributes Over N1 Trillion to Government Revenue, NEITI Reports
The Nigerian Extractive Industries Transparency Initiative (NEITI) has announced that Nigeria’s solid minerals sector has contributed N1.137 trillion to federal, ...
Northern Governors Reject Derivation-Based VAT Distribution Model, Urge National Assembly Opposition
The Northern Governors Forum, led by Gombe State Governor Muhammed Inuwa Yahaya, has firmly rejected the proposed derivation-based model for ...
The head of Tinubu’s tax reforms committee has dropped hints that the 7.5% VAT on diesel and other items may be suspended.
In a recent development, the Chairman of Tinubu's Tax Reforms Committee has hinted at the possible suspension of the 7.5% ...
Tax Expert Urges Government to Create Tax Awareness to Prevent Abuse of VAT Initiative for Traders
Lagos, Nigeria - Taiwo Oyedele, Africa tax leader at PricewaterhouseCoopers (PWC), has called on the federal government to prioritize tax ...
