To ensure a comprehensive review of the proposed tax reforms, the senate has invited 71 key stakeholders to attend the public hearing The senate committee on finance has announced that it will commence a two-day public hearing on the tax reform bills on Monday and Tuesday next week. Parliament Reports recalls that these bills were submitted to the National Assembly by President Bola Tinubu on October 3, 2024, and have since faced criticism from a...
Oyedele stressed the need for urgent reforms, highlighting that businesses in Nigeria often pay taxes even when operating at a loss. Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has criticised the federal government for having little to show despite collecting over 60 taxes and levies across the country. Oyedele made this statement while addressing the senate during Wednesday’s plenary. This session occurred amid a tense atmosphere following...
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