The House of Representatives has approved four tax reform bills submitted to the National Assembly by President Bola Tinubu in October 2024.
The bills, which aim to reshape Nigeria’s tax framework, were passed on Tuesday following last week’s review and adoption of the House Committee on Finance report.
The committee had examined key areas of contention, particularly provisions related to Value Added Tax and inheritance tax.
With the House’s approval, the bills now await passage by the Senate before being sent to the President for final assent.
More to come…
