Taiwo Oyedele, chairman of the Presidential Tax Reform Committee
As global capital remains wary of emerging markets, Nigeria faces a critical choice: secure a marginal tax revenue today or risk essential dollar inflows needed for economic stability and growth.
Under the Nigeria Tax Act of 2025, Capital Gains Tax (CGT) has been raised to 30 percent from 10 percent, effective January 1, 2026.
Ahead of this implementation date, Nigeria's private equity firms say that the 30 percent Capital Gains Tax (CGT) will moderate capital inflows into Africa’s most populous nation.
The PE firms' core argument hing
