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Nigerian Presidency Addresses Controversy Over New Tax Laws Amid Lawmakers' Opposition

NaijaNews··1 min read
Nigerian Presidency Addresses Controversy Over New Tax Laws Amid Lawmakers' Opposition

The Nigerian Presidency responds to the tax laws controversy, dismissing claims of discrepancies in the gazetted version effective January 1. The Chairman of the Presidential Fiscal Policy and Tax Reform Committee refutes allegations of breach, stating that the tax laws passed by the National Assembly were accurately reflected.

President Bola Tinubu signed four tax reform bills into law, aiming to overhaul the country's tax system and enhance compliance, expand the tax base, and modernize revenue collection. However, the reforms are facing opposition from federal lawmakers in the northern part of the country.

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