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.

You need an active subscription to continue reading this article.

Recent Business

shiu-tang-UE38cAemiKE-unsplash
Mozambique’s Public Debt to Exceed 100 % of GDP Through 2027, Says IMF
Read More »
ralph-messi-svUhL4FaQqs-unsplash
Gabon’s New Dawn Must Balance Bond‑Market Faith with Voter Demands
Read More »
opeyemi-adisa-cFT_Xq4XyA0-unsplash
Nigeria to Sell ₦350 Billion in Bonds After Fitch Upgrade
Read More »

Recent Politics

generic-1-1024x683
Mass Defections to APC Spark Fears of One-Party Rule in Nigeria
Read More »
generic-1-1024x683
Tinubu–Shettima Rift Rumours Swirl Despite Presidency Denial
Read More »
generic-1-1024x683
Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
Read More »

Latest Posts

Latest news insights