The Nigeria Tax Act 2025 and companion statutes, effective January 1, 2026, consolidate Nigeria's tax regime to enhance efficiency, transparency, and accountability—offering SMEs exemptions from CIT...
If the government is serious about improving voluntary compliance, it must go beyond policy announcements. Hence, must demonstrate transparent use of tax revenues, strengthen oversight institutions,...
But resilience should not be mistaken for comfort. The hardship is real, and it is deep. Until economic reforms bring relief to the streets and food...
In a normal democracy, taxation without representation should never be tolerated. They must be voted out of office. We have a responsibility and duty to use...
Tax law implementation in Nigeria is not just about collecting revenue; it is about building a system that citizens trust, understand, and willingly support. When well...
Beyond domestic funding, there is also a strong case for international collaboration. Foreign donor agencies such as UKAid, the European Union (EU), the African Union (AU),...
I must state without equivocation that the Nigeria Tax Reform Bill will not have any salutary effects on the economy despite proposing modest reduction in tax...
The tax reforms, among other things, introduce a redefinition of the term Nigerian company, expand tax exemptions, and implement stricter compliance mechanisms. While these changes are...
Ultimately, borrowing itself is not the problem; the real danger lies in reckless and unproductive borrowing. If Nigeria fails to manage its rising debt wisely, the...
The military, in an attempt to gain cheap popularity and acceptance, simply relegated taxation to the back-burner. This is hardly surprising, since authoritarian rule is at...