Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that Nigeria’s current tax laws are detrimental to economic growth. Speaking at Agusto & Co.’s economic roundtable, Oyedele explained that the tax system is overly burdensome, with numerous taxes and taxing agencies targeting businesses of all sizes, both formal and informal….
Northern Christian Leaders have raised concerns over the prevalence of multiple and outdated taxation, which has significantly hindered Nigeria’s ability to attract foreign investments over the years, as potential investors are deterred from establishing their businesses in the country due to the existing tax framework. Former Speaker of the House of Representatives, Yakubu Dogara, observed…
Members of the Nigeria Governors’ Forum (NGF) convened for a crucial in-person meeting at the Forum’s Secretariat in Abuja on Wednesday evening. At the time of this report, fifteen governors, predominantly from the All Progressives Congress (APC), were in attendance. Notably, Governor Alex Otti of Abia State, representing the Labour Party (LP), and his counterpart…
The Secretary to the Government of the Federation (SGF), Senator George Akume, has said that former Vice President Atiku Abubakar, will become Nigeria’s president someday if it is the will of God for him. Akume stated this while speaking on the intense political atmosphere in preparation for the 2027 general elections. The SGF, however, urged…
A former Speaker of the House of Representatives, Yakubu Dogara, has articulated reasons why individuals from the northern region should refrain from condemning President Bola Tinubu regarding the proposed tax reform bills. These bills have faced significant backlash from northern leaders since their introduction in the National Assembly, with the Northern States Governors Forum (NSGF),…
The executive Governor of Borno State, Babagana Zulum, has expressed significant apprehension regarding the proposed tax reform bill, cautioning that it may lead to severe repercussions for the Northern region and other areas of the nation. In a recent interview with BBC Hausa on Friday, Zulum criticized the rapid advancement of the bill through the…
