• Wednesday, December 04, 2024
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10 changes to expect as FG’s tax reforms begin

10 changes to expect as FG’s tax reforms begin
Nigeria is seeking to harmonise its complex tax system with a new bill that is aimed at ending multiple taxation, increasing revenue generation and lowering recurring borrowings. But the reforms have generated controversies, with many northern leaders calling for a withdrawal. Other stakeholders have equally urged President Bola Tinubu to engage in wider consultations before assenting to it. Taiwo Oyedele, chairman of the Presidential Tax Reforms and Fiscal Policy Committee, has continued to emphasise that the tax reforms are necessary to