Lagos State Governor Babajide Sanwo-Olu has refuted allegations that Lagos will gain disproportionately from the proposed tax reforms, urging Nigerians to thoroughly study the provisions before making conclusions. Speaking during an interview with the News Agency of Nigeria (NAN) at the Africa Investment Forum Market Days 2024 in Morocco, Sanwo-Olu responded to concerns raised by … Read more
President Bola Tinubu has directed the Ministry of Justice to collaborate with the National Assembly to address concerns raised about the contentious Tax Reform Bills. This directive comes amidst nationwide debates and protests, with critics claiming the proposed reforms could disrupt fiscal federalism by centralizing tax authority and diminishing state revenues. EDITOR’S PICKS Japa: Russia … Read more
The House of Representatives has indefinitely postponed discussions on the contentious Tax Reform Bills, bowing to mounting opposition from the governors of Nigeria’s 19 northern states and their legislative allies. The Clerk of the House, Dr. Yahaya Danzaria, confirmed the suspension in a memo issued on November 30, 2024. EDITOR’S PICKS Japa: Russia Opens Doors … Read more