Why Nigerians Are Pushing Back Against New Tax Laws NIGERIA’S new tax laws were officially slated to take effect on January 1, but rather than signalling a smooth reform process, their rollout has ignited intense resistance, scepticism and debate across economic, legal and civic spaces. From labour activists and civil society groups to economists and […]
By FIDELUS ZWANSON FG–KPMG Talks Highlight Challenges of Implementing Nigeria’s Tax Reforms Consultation Amid Controversy THE Federal Government’s meeting with KPMG officials in Abuja underscores the complexities surrounding the rollout of Nigeria’s new tax laws. The engagement comes against the backdrop of widespread debate among businesses and tax professionals following KPMG Nigeria’s critical report on […]
By FIDELUS ZWANSON THE Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Kelvin Oye, has warned that certain provisions of the Nigeria Tax Act 2025 could undermine the objectives of the reform if not reviewed to reflect economic realities. Oye identified the cap on rent relief—limited to ₦500,000 annually—and restrictions on foreign […]
By FIDELUS ZWANSON Tax Reform Controversy as Oyedele Challenges KPMG’s Findings A Law Under the Microscope NIGERIA’S newly enacted tax laws are facing intense scrutiny after a Dutch global accounting firm Klynveld Peat Marwick Goerdeler (KPMG) released a detailed review identifying perceived inconsistencies and policy gaps. While the firm acknowledged the law’s revenue potential, it […]
NIGERIA’S tax reform agenda hit turbulent waters Saturday as the House of Representatives moved to dispel allegations that the executive branch published modified versions of tax reform laws after parliamentary approval. House spokesperson Akin Rotimi announced the public release of Certified True Copies (CTCs) of the four tax reform Acts signed by President Bola Tinubu, […]
Reform Myths, Politics & Economic Opportunity Misinformation as a National Security Risk TAXATION became a trending crisis on 1 January 2026, not because of new levies, but new lies. Viral claims that banks would freeze personal accounts or unilaterally debit 25 per cent of deposits were false. Taiwo Oyedele, Chairman of the Presidential Tax Reform […]
By ANITA KNIGHT THE National Association of Nigerian Students (NANS) has criticised the Federal Inland Revenue Service (FIRS) for its insistence on implementing the Tax Reform Laws starting 1 January 2026, arguing that unresolved legal inconsistencies and transparency concerns make the policy premature. In a statement issued by National President Comrade Olushola Oladoja, NANS said […]
By TOSAN OYAKHILOME-AKAHOMEN Court Fight, Political Clash: Tax Law Implementation in Limbo Legal Challenge Begins in Abuja High Court A vacation session of the Abuja High Court on Monday began hearing a suit aimed at halting the planned implementation of Nigeria’s new tax laws ahead of their scheduled commencement on 1 January 2026. […]
By NJORIGE LYNUS Political Parties Demand Tax Law Corrections IN a strongly worded Christmas Day communiqué, the Inter-Party Advisory Council (IPAC) urged the federal government to urgently address alleged discrepancies in the newly gazetted tax law before its rollout. The council warned that unresolved inconsistencies between the gazetted version and the version passed by the […]
By MELVIN KOFFA Nigerian Bar Association Warns of Economic Risks from Controversial Tax Laws NBA Flags Governance ConcernsIN a strongly worded statement, the Nigerian Bar Association (NBA) has called for the immediate suspension of Nigeria’s newly enacted Tax Reform Acts, citing concerns over the legitimacy of the legislative process. President Mazi Afam […]