By Jemimah Wellington, JKNewsMedia NIGERIA’s OUTDATED tax policies have taken centre stage as the Governors’ Forum and the Presidential Tax Reform Committee deliberated extensively on 16 January 2025. The meeting focused on aligning fiscal policies with international standards to foster economic stability and equitable resource distribution. T...
By Jemimah Wellingtn, JKNewsMedia Reporter THE PROPOSED tax reform bills before the National Assembly have sparked widespread debate, with the Nigeria Labour Congress (NLC) urging the federal government to withdraw them. The NLC argues that the laws, including the Nigeria Tax Bill and the Nigeria Revenue Service Establishment Bill, lack input...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s PROPOSED tax reform bills have sparked heated public debates, with critics spreading misinformation about their implications. Contrary to claims, the bills do not disadvantage any region, destroy agency funding, or suggest the cessation of government bodies like NASENI, TETFUND, and NITDA b...
By Jemimah Wellington, JKNewsMedia Reporter REPRESENTING19 states across Nigeria, the Northern Governors’ Forum (NGF) has firmly opposed the proposed derivation-based Value-Added Tax (VAT) distribution model included in new tax reform bills before the National Assembly. The governors argue that this model, which bases VAT revenue distribution ...
