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Reps approve Tax reform bills

by Present Nigeria
March 14, 2025
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Reps Reconvene, Pass Anti-Terrorism Bill, Four Others
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The Nigerian House of Representatives approved President Bola Ahmed Tinubu’s tax reform bills on Thursday after months of controversy.

Recall that on October 3, 2024, Tinubu sent four tax reform bills—including the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill—to the National Assembly.

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Ever since various controversy has continued to trail the bills, first, the Northern Nigeria Governors’ Forum rejected the bill, particularly the proposed value-added tax derivation model in the Nigeria Tax Bill.

Also the National Economic Council also opposed the tax derivation model.

But the Presidential spokesperson and Special Adviser on Media and Public Communications, Sunday Dare, in a statement through his official X account on Thursday said the bills have been approved

Dare, without providing details, said that the bills were passed by the Green Chamber on Thursday after months of debate.

“Tax reform bills have been approved by Nigeria’s House of Representatives today in Abuja. Today, March 13, 2025,” he said.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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