For the first time in over 30 years, a big move comes with four new laws rewriting Nigeria’s tax rulebook. The goal? Make taxes simpler, raise more money, and reduce the country’s reliance on oil.
While these reforms have been celebrated as a major step forward, the real impact of the changes may not match the promises made. As Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, pointed out, there is a sense of satisfaction and optimism about the reforms, but they are still in their early stages.
He
