News Update Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, yesterday lamented the country’s inability to generate adequate revenue from taxation despite ongoing reforms, stressing that a significant…
Tag: Tax
Govt issues transition guide for new tax regime
The Federal Government has released guidelines to steer Nigeria’s transition to a new tax regime. The guidelines, released on Thursday by the Ministry of Finance, are expected to guide taxpayers, revenue agencies,…
“I Don’t Pay Tax, I’m a Politician” — Rivers Nominee Sparks Outrage
A video circulating online has captured a tense moment during the screening of commissioner nominees submitted by Governor Siminalayi Fubara to the Rivers State House of Assembly. The footage seen by our…
Tinubu Announces Fresh Appointment in Nigeria’s Tax System
President Bola Tinubu has appointed Dr. John Nwabueze as the Tax Ombudsman of Nigeria, in line with the provisions of the Joint Revenue Board of Nigeria (Establishment) Act, 2025. In a statement…
“You’re taxing citizens who cannot breathe anymore” — Obi tackles FG
The Labour Party’s presidential candidate in the 2023 general elections, Peter Obi, has lamented the new 5% tax on all refined fossil fuel sales, including petrol and diesel. In a post on…
Details Of Nigerian Governors Meeting In Abuja Revealed
News Update THE Nigeria Governors’ Forum (NGF) ended a late-night meeting on Wednesday in Abuja without reaching an agreement on the controversial tax reform bills proposed by President Bola Tinubu. The inability…
Govt announces move to tax more Nigerians
News Update THE Nigerian government has announced a plan to tax more Nigerians and Businesses despite economic hardship. This plan is part of the government’s Economic Stabilisation Bills approved by the Federal…
Why Nigeria Should Pay More Tax – Bill Gates
Voice Air Media, News Update American billionaire philanthropist Bill Gates says tax collection in Nigeria is low. The co-chair of the Bill and Melinda Gates Foundation spoke on Tuesday at the Nutrivision…
Nigeria Suspends Tax on Certain Essential Food Commodities
Voice Air Media, News Update THE federal government has announced that certain essential food commodities imported via land and sea borders will no longer incur charges, levies, or taxes. This declaration was…
Tinubu Suspends Tax On Telecom Services; Okays Four Executive Orders
VOICE AIR MEDIA News Update President Bola Tinubu has approved the suspension of five percent Excise Tax on telecommunication services in Nigeria. The President also approved the suspension of Excise Duties escalation…