Search

Nigeria’s Senate President Backs Controversial Tax Reforms

© Victor Okhumale / Alamy Stock Photo
  • Reform aims to cut excessive taxes, restructure revenue sharing
  • Proposal sparks regional tensions over allocation of VAT revenue

Abuja, Nigeria – Nigeria must reform its obsolete tax system to align with economic reality and enable rapid development, Senate President Godswill Akpabio said on Monday, signalling his intention to push through President Bola Tinubu’s controversial tax reforms.

Recent Business

Industrial gas flaring. Photo by Yerevan Malerva @ Pexels
Algeria’s gas bet deepens amid Europe’s scramble for reliable supply
Read More »
Africa start-up funding shifts as early-stage deals decline. Photo by Kay Asante @ Unsplash
Africa’s start-up boom on shaky ground: where have the early-stage bets gone?
Read More »
Bustling street scene in Fes Medina, Morocco. Photo by Abderrahmane Habibi @ Pexels
Morocco’s inflation rebound: why energy shocks are reshaping a fragile price recovery
Read More »

Recent Politics

The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »

Latest Posts

Latest news insights