
Nigerian Federal House Of Representatives
The House of Representatives on Tuesday passed four major tax reform bills transmitted by President Bola Tinubu in October 2024, despite opposition from some northern lawmakers.
The bills, which aim to overhaul Nigeria’s tax administration, were passed on the third reading following a motion by House Leader Julius Ihonvbere.
The legislative process had been delayed for about three months due to public hearings and stakeholder consultations.
Lawmakers debated how best to reform tax collection, assessment, and dispute resolution mechanisms in Nigeria.
Among the key provisions, one bill seeks to repeal the Federal Inland Revenue Service (FIRS) Act and replace it with the Nigeria Revenue Service (NRS), granting it greater powers for revenue collection.
Another establishes a Joint Revenue Board, a Tax Appeal Tribunal, and a Tax Ombudsman to address tax disputes.
However, despite broad support, lawmakers from northern Nigeria opposed the bills, aligning with their governors who demanded further consultations before passage.
Speaker Tajudeen Abbas presided over the plenary as the House voted overwhelmingly in favour of the bills.
For Advert, Event Coverage/Press Conference Invite, Story/Article & Other Media Services
Contact Us On WhatsApp
Send Email To: citizennewsng@gmail.com
Visit Citizen NewsNG To Read More Latest And Interesting News Across Nigeria And The World