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

An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
South Africa’s new national oil firm SANPC targets operations by 2027
Read More »
Dakar, Senegal. © Pexels
Senegal launches asset monetisation fund as debt pressures mount
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Nigeria’s Dangote refinery targets 1.4mn bpd with Honeywell technology
Read More »

Recent Politics

A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Samia’s family picks ignite Tanzania nepotism storm
Read More »

Latest Posts

Latest news insights