As Nigeria prepares to implement a new tax regime in 2026, tax experts warn that vague bank transfer narrations could expose Nigerians to unexpected tax bills.
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has dismissed claims that Nigeria’s newly enacted tax reform laws were altered....
Former senator Shehu Sani has criticised the FCT Administration for introducing a ₦66,000 tax on televisions, radios, and other household appliances.
According to Mr Oyedele, area boys can be trained for tax collection and paid salaries...
Tax reform committee views this as a major area of concentration and is examining each incentive...
Taiwo Oyedele, has stated that the numerous taxes levied at various government...
The federal government may soon begin the imposition of excise tax penalties on foreign exchange transactions...
Mr. Taiwo went further to highlight how the committee aims to leverage technology to widen the tax net and boost revenue.
President Bola Ahmed Tinubu has signed four executive orders, including the suspension of the 5% excise tax on telecommunication services
