Nigerian Government to Review Capital Gains Tax Law in New Tax Policy Overhaul

The Nigerian government, through the NTPIC committee, is set to review the Capital Gains Tax law to address concerns and ensure transparency in the new tax policy. Joseph Olasunkanmi Tegbe assures Nigerian investors of fairness and transparency, emphasizing the importance of consultation and addressing critical issues.

The new tax law includes changes to the Capital Gains Tax, aiming to attract foreign investors and protect vulnerable groups. The Nigerian Stock Exchange Group PLC has raised concerns about the potential impact of the new tax policy on market performance.