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House Of Reps Approve Tinubu's Tax Reform Bills - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsHouse Of Reps Approve Tinubu's Tax Reform Bills (12266 Views)

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Re: House Of Reps Approve Tinubu's Tax Reform Bills by Nahunger(m): 2:10am On Mar 14, 2025
I kept saying this, Tinubu will have his way.
E never happen.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by UltraSolid: 2:15am On Mar 14, 2025
Uche559:
Next time we blame Tinubu, we should not forget law makers, d people representing d masses n hw they continuously align with d president decisions which r mostly unfavourable to d common man. If d people whom we elect to fight n defend our interest r d ones adding salt to d masses injury, how then can d masses blame d president for d harsh treatment they r going thru?
It is really hard to be civil to people like you because one knows you are commenting out of bias, prejudice and crass ignorance. How is the tax reform bill "unfavourable" to the masses when working Nigerians, as one pivotal change that favours the majority, will not pay a kobo of tax unless earning over 1 million naira annually, around 83k monthly, when they are currently paying tax on earnings above 300k which is 25k a month?

The rest I cannot even be bothered to explain because of how backwards you have shown yourself to be. I really wish all you hateful and ignorant people, who would cut your own nose to spite your face, could be given your own separate nation you can then drown in backwardness.

You keep spinning out lame rhetoric about "unfavourable to common man" when things being done are actually in the interest of the common man you pretend to care about. Can't people like you just make the effort to read more?
Re: House Of Reps Approve Tinubu's Tax Reform Bills by bdon12: 2:49am On Mar 14, 2025
Good development.Nov every state must be compelled to createa favourable buiness environment to increase its input into federal tax purse .
Re: House Of Reps Approve Tinubu's Tax Reform Bills by UltraSolid: 2:57am On Mar 14, 2025
Factcheck0001:
oya tell us what u know about the bill?

U zombies are just programmed to blame tinubu cos your agulu fraud lost out

We all see how Igbos use to shout that they don't want their resources to b used to develop other regions n how they foam in d mouth whenever hisbah destroy alcoholic products

Now u have your wish n u are still crying
God bless you. These same people will shout 24/7 they are more intelligent than others worldwide yet, what intelligent people speak with ignorance and clear bias always?

Incontrovertible and definitive sign of intellect is the ability to look at everything objectively and refrain from rushing to make ignorant conclusions, or deliberately spread lies and misinformation, because you hate others.

Ask the Mumu to explain even the highlights of the tax reform bill and him, along with virtually all Igbos, won't be able to.

All they know is that it must be opposed as it comes from Tinubu. Whether such improves their lives and that of their generations unborn massively, they do not care. Their own is just to hate blindly. Abominable people.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Bobloco: 3:09am On Mar 14, 2025
Burob:
Bobloco after all your wailing, how far huh
What do you know about this bill
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Kinterez(m): 3:12am On Mar 14, 2025
Factcheck0001:
oya tell us what u know about the bill?

U zombies are just programmed to blame tinubu cos your agulu fraud lost out

We all see how Igbos use to shout that they don't want their resources to b used to develop other regions n how they foam in d mouth whenever hisbah destroy alcoholic products

Now u have your wish n u are still crying
Bloody tribalistic foooool
Re: House Of Reps Approve Tinubu's Tax Reform Bills by anonimi: 3:12am On Mar 14, 2025
Uche559:
Next time we blame Tinubu, we should not forget law makers, d people representing d masses n hw they continuously align with d president decisions which r mostly unfavourable to d common man. If d people whom we elect to fight n defend our interest r d ones adding salt to d masses injury, how then can d masses blame d president for d harsh treatment they r going thru?
The motivation for OUR representatives and senators to align with the president against the people, is obvious to see.

[quote author=NLCreator post=126854133]Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has defended the purchase of sports utility vehicles (SUVs) for members of the national assembly.

There have been reports that the leadership of the 10th national assembly has bought SUVs for all lawmakers.

Each SUV is said to be valued at N160 million.

The LP had asked members of the party in the national assembly to kick against “wastage”.

While responding to questions during a press conference in Abuja on Monday, the former governor of Anambra said the SUVs are not personal cars of the lawmakers, noting that they are for official use.

“Let me start with the issue of Labour Party members in the house. I have actually discussed this issue with them,” Obi said.

“Surprisingly, I can tell you I heard that these vehicles are official cars. They have to use it. It is meant for office.

“So it is not as if it is their vehicle. They said it is official cars and you are meant to use it while you are in the senate.”

Obi also hinted at contesting for the country’s number one position in 2027, adding that Nigeria deserves dedicated and visionary leaders who will lead the country towards a brighter future.

https://www.thecable.ng/theyre-for-official-use-obi-defends-purchase-of-n160m-suv-for-lawmakers/amp


]
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Livingstone124: 3:16am On Mar 14, 2025
yoruboid:
A comment from a clueless perspective

Who told you the tax reform bill was meant to make the poor and vulnerable pay more instead of the other way round

Just commenting on what you have no clue about
The clue man explain what the bills stand for.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by alphaNomega: 3:25am On Mar 14, 2025
you cannot tax yourself to prosperity with a corrupt government in charge.

these ridiculous taxes only thrive if Nigeria has international colonies, unfortunately, those days are long gone
Re: House Of Reps Approve Tinubu's Tax Reform Bills by UltraSolid: 3:28am On Mar 14, 2025
megamank:
Once again it has always been business as usual in those chambers of criminal and looters..
Who knows the amount of our national cake that have been sliced to each of them so that can swallow the bill down as usual…

The masses are those that bears the result of all actions an inactions of These unrepentant figureheads…

One thing I know is that one day the chicken will surely come home and roost…

It’s all about time …
Stop talking pedestrian and ignorant hogwash while pretending to care about the masses. If you truly care about the masses, you'd have studied the tax reform bill to know the masses are the major beneficiary therefore meaning the bill is worth fighting to deliver.

You educated Nigerians, functional illiterates in reality, are a big let down to illterate Nigerians you should educating and helping to understand complex issues that are beneficial for them so they get behind it. It least they have the genuine excuse of not being able to read.

What is you excuse for never haven studied the tax reform bill as your ignorant post confirm iss surely the case?
Progressive Nigerians are fighting for the betterment of our nation yet your sort who shouted resource control, true fiscal federalism, LG autonomy etc passionately in the past now cannot seem to get behind those desirables currently being delivered before our eyes.

In this case, the reps have done well and are not "unrepentant figureheads". They have done their jobs, as representatives of their people, and can be proud of themselves for aiding the delivery of what is another reform positioning Nigeria on course to be a developed nation. It is ignorant enemies of Nigerian like you who deserve the likes of Ndume and Bala Mohammed, and others who opposed the bill vehemently, leading you in your own separate and backwards nation that will be worse than the worst terror zones in Nigeria.

Maybe, as one's example, you know more than the DG of SMEDAN who, in your opinion, must be an "unrepentant figurehead" for supporting the bill rather than a technocrat who has read the bill to then endorse it. People like you are the problem of Nigeria.


https://blueprint.ng/how-tax-reform-billsll-restructure-nigerias-economy/

Even the Small And Medium Enterprises Development Agency of Nigeria (SMEDAN) has said it will engage small businesses nationwide on the implications and opportunities of the proposed tax reform bills.

SMEDAN DG Charles Odii said the move is to educate SMEs which constituted over 90 per cent of Nigeria’s businesses and employ more than 80 per cent of the workforce.

“This means more small businesses will no longer pay taxes, and resources can be reinvested into their growth.

“The reforms also include the consolidation of taxes, elimination of nuisance levies, and zero VAT on exports and essential goods.

Re: House Of Reps Approve Tinubu's Tax Reform Bills by UltraSolid: 3:46am On Mar 14, 2025
anonimi:
The motivation for OUR representatives and senators to align with the president against the people, is obvious to see.
You've never been sensible in your miserable life and in the many years you've sat on this forum always forcasting doom and gloom as the unprogressive loser you are.

You know more than the literally thousands of technocrats and stakeholder who have endorsed the bill and educated the Reps about it before, as usual, making the dumb claim the reps and Senators are "aligning with the President against the people"?

It isn't hard to tell Nairalanders who are losers in life and want things to be bleak and negative for everyone like their own failed and miserable lives. Anyone who is truly progressive and wants the growth and development of Nigeria will celebrate the passage of this bill even if Tinubu is their sworn enemies.

Decent people know when to quit playing politics of bitterness and hatred to support what delivers progress to society at large. Never so you IPOB tout who will surely be the only Nigerians vehemently and toxically against the passage of the Bill and not even ordinary Northerners.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by visaclick: 5:03am On Mar 14, 2025
Vision101:
Nigeria needs tax reform. It's long overdue. Some of the amended laws are of 1939. People have played politics with this nation for too long. Most of PBAT reforms should have been done so many years ago to lay the foundation for the greatness of this nation.

Because they are coming very late and in difficult times that's why the pains are much. It's either we reform or we sink.
but this same tinubu said that buhari was the best candidate so now basically apc is fixing the problem apc couldn’t fix right?
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Codes151(m): 5:04am On Mar 14, 2025
Factcheck0001:
oya tell us what u know about the bill?

U zombies are just programmed to blame tinubu cos your agulu fraud lost out

We all see how Igbos use to shout that they don't want their resources to b used to develop other regions n how they foam in d mouth whenever hisbah destroy alcoholic products

Now u have your wish n u are still crying
nigerians mumu sha o.
He no sabi anything about bill he Dey rant.

My only happiness is that this bill will correct the laziness of governors who think they will always enjoy why contributing nothing.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by occfx: 5:21am On Mar 14, 2025
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Image123(m): 5:23am On Mar 14, 2025
Thank you Natasha
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Dawn91(m): 5:36am On Mar 14, 2025
Factcheck0001:
oya tell us what u know about the bill?

U zombies are just programmed to blame tinubu cos your agulu fraud lost out

We all see how Igbos use to shout that they don't want their resources to b used to develop other regions n how they foam in d mouth whenever hisbah destroy alcoholic products

Now u have your wish n u are still crying
The Yoruba and ibo pigs have started their usually uncivilised behaviour to disturb our thread .

Disgusting pigs.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by anonimi: 5:48am On Mar 14, 2025
UltraSolid:
You've never been sensible in your miserable life and in the many years you've sat on this forum always forcasting doom and gloom as the unprogressive loser you are.

You know more than the literally thousands of technocrats and stakeholder who have endorsed the bill and educated the Reps about it before, as usual, making the dumb claim the reps and Senators are "aligning with the President against the people"?

It isn't hard to tell Nairalanders who are losers in life and want things to be bleak and negative for everyone like their own failed and miserable lives. Anyone who is truly progressive and wants the growth and development of Nigeria will celebrate the passage of this bill even if Tinubu is their sworn enemies.

Decent people know when to quit playing politics of bitterness and hatred to support what delivers progress to society at large. Never so you IPOB tout who will surely be the only Nigerians vehemently and toxically against the passage of the Bill and not even ordinary Northerners.
How big a bucket do you need for your wailing tears? Big enough to use for your shower since all the 150 governors since 1999 have failed to provide pipe borne water?

If you’re clueless about the issue of discussion, then why don’t you simply STFU instead of grabbing at baseless tribalism straws? IPOB kọ, OPC ni.

If you are not a brainless olodo why would you label me IPOB after seeing Pandora Bitter Obi’s rationalisation of SUVs to federal lawmakers huh

Why would a sensible ọmọlúwàbí support more taxes for leaders looters who have no record of employing more civil servants to improve common services and utilities? Iru radarada pẹlu pàlàpálá wo nìyẹn?

chisomkachy:
Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.

The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.

Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.

The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.


https://www.bloomberg.com/news/articles/2023-11-02/nigeria-budgets-for-suvs-and-yachts-amid-economic-hardship
Re: House Of Reps Approve Tinubu's Tax Reform Bills by anonimi: 6:21am On Mar 14, 2025
Kk4:
President Bola Tinubu’s Tax Reform Bills, submitted to Nigeria’s National Assembly in October 2024, aim to overhaul the country’s tax system through four key pieces of legislation: the Nigeria Tax Bill 2024, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and Joint Revenue Board (Establishment) Bill.
Here’s a summary:

1. Nigeria Tax Bill 2024: Consolidates taxes, exempts low earners (below ₦800,000/year) and small businesses (turnover ≤ ₦50 million), reduces corporate tax from 30% to 25%, and raises VAT from 7.5% to 15% by 2030. It shifts VAT sharing to favor states based on consumption (60%), introduces a 5% telecom tax, and prioritizes federal tax authority over conflicting laws.

2. Nigeria Tax Administration Bill: Standardizes tax processes across government levels, mandates digital filing, and increases penalties for non-compliance.

3. Nigeria Revenue Service Bill: Replaces the FIRS with the Nigeria Revenue Service to centralize tax collection, including royalties and excise duties.

4. Joint Revenue Board Bill: Creates a board to coordinate federal and state tax efforts.


Goals: Simplify taxation, boost revenue (targeting 18% tax-to-GDP by 2026), promote equity, and stimulate growth.

Status: Passed the House by March 13, 2025, with Senate approval pending after debates.

Controversy: Northern states oppose the VAT formula for favoring richer regions, though the reforms exempt essentials and aim to fund public services. Success depends on effective implementation and addressing regional disparities.
The overall goal is to increase tax burden on the people without anything in return, which is T-pain's Lagos master plan since 1999 that has wrecked 20 million Lagosians into Bourdillon beggars in the absence of civil service jobs that pay well to live in dignity with common services and utilities adequately provided.

If it has worked well to choke smart Lagosians into submission under the godfather, why won't it work on 200 million Nigerians huh

anonimi:
The eyesore on Bourdillon Road
2nd January 2025

Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.

If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.

That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.

https://punchng.com/the-eyesore-on-bourdillon-road/
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Brandosky: 7:05am On Mar 14, 2025
Factcheck0001:
oya tell us what u know about the bill?

U zombies are just programmed to blame tinubu cos your agulu fraud lost out

We all see how Igbos use to shout that they don't want their resources to b used to develop other regions n how they foam in d mouth whenever hisbah destroy alcoholic products

Now u have your wish n u are still crying
Oga shut up there !! Does the resource control include oil and gas that are mainly in south south and south east ?
The only beneficiary to this useless bill is lagos state. And can you explain to me how the intended15% vat increase can benefit the common man ?
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Charly68: 7:52am On Mar 14, 2025
God bless the honorable members ...the nation must develop like developed nations
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Bashirkareem31: 8:20am On Mar 14, 2025
Appletek:
Have you read Section 58 (2) of the proposed Bill?

Or you are just typing trash about what you have no idea about simply because others are typing too?

Your empty head is not only for carrying gala and baseless rumours. Use it to think.

Oh, I nearly forgot. It's empty.
grin angry grin angry grin grin
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Tayorshd87(m): 8:21am On Mar 14, 2025
Vision101:
Nigeria needs tax reform. It's long overdue. Some of the amended laws are of 1939. People have played politics with this nation for too long. Most of PBAT reforms should have been done so many years ago to lay the foundation for the greatness of this nation.

Because they are coming very late and in difficult times that's why the pains are much. It's either we reform or we sink.
Thank u my brother 🤝

Tinubu is the president we should have gotten in power for years ago to make this nation great
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Bashirkareem31: 8:23am On Mar 14, 2025
Vixlot:
Mumudient, educate us about the Tax Reform Bill?
grin grin grin grin grin the guy na first class mumu
Re: House Of Reps Approve Tinubu's Tax Reform Bills by BreconHills(m): 8:24am On Mar 14, 2025
Uche559:
Next time we blame Tinubu, we should not forget law makers, d people representing d masses n hw they continuously align with d president decisions which r mostly unfavourable to d common man. If d people whom we elect to fight n defend our interest r d ones adding salt to d masses injury, how then can d masses blame d president for d harsh treatment they r going thru?
How does the tax bill which frees the poor from tax liability and which encourages production over entitlement - how is this harsh treatment? The VAT rate has been stepped back to 7.5% from 10%.

Exactly how is it harsh.

Even Grey Parrots use more initiative than this " copy and follow" mindset.

Criticism must make sense. You cannot just fling mud and hope some will stick. Every act of senseless criticism makes it harder for true criticism which is needed.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Kewekubosineh: 9:09am On Mar 14, 2025
Factcheck0001:
oya tell us what u know about the bill?

U zombies are just programmed to blame tinubu cos your agulu fraud lost out

We all see how Igbos use to shout that they don't want their resources to b used to develop other regions n how they foam in d mouth whenever hisbah destroy alcoholic products

Now u have your wish n u are still crying
Did Igbo ever oppose tax reforms?

Get your facts right before you foam ethnic champion.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by UltraSolid: 9:18am On Mar 14, 2025
anonimi:
How big a bucket do you need for your wailing tears? Big enough to use for your shower since all the 150 governors since 1999 have failed to provide pipe borne water?

If you’re clueless about the issue of discussion, then why don’t you simply STFU instead of grabbing at baseless tribalism straws? IPOB kọ, OPC ni.

If you are not a brainless olodo why would you label me IPOB after seeing Pandora Bitter Obi’s rationalisation of SUVs to federal lawmakers huh

Why would a sensible ọmọlúwàbí support more taxes for leaders looters who have no record of employing more civil servants to improve common services and utilities? Iru radarada pẹlu pàlàpálá wo nìyẹn?
Dullard. How can anyone happily bask in ignorance this shamelessly and publicly? You are no "omoluabi". Many of us know you here and your IPOB antics. Omoluabi are deemed "progressive" and "sophisticated" for established reasons.

Progressive and sophisticated because they can be objective enough to always see the bigger picture. Meaning, even if they detest Tinubu, they will familiarise themselves with the essence of the reform bills and get behind them, if beneficial for Nigeria.

Bode George, a sworn hater of Tinubu, is displaying Omoluabi predisposition while an IPOB lackey like you is making empty noise to satisfy his blind and inobjective hatred of others.

The bolded in your post, I. e "more taxes", disgracess you. Mumu, the tax reform bill consist of four separate bills with some not even about tax per se. Besides even those intrinsically related to taxes offer Nigerian individuals, small businesses etal reduced tax bill and liability.

For example, using the summary of the tax reform in second image, it is clear from number 1 that Small businesses with an annual turnover of ₦50 million or less are exempt from income tax. Number 4 shows that the new minimum income threshold for tax payment means majority of Nigerians will now no longer pay income tax.


Didirin IPOB layabout and loser, you should explain where you got the bolded in your post, which is a bare-faced lie, to be attacking reform bills that massively favours the "common man", totally removing the tax burden for 80% to 90% of them, and our SMEs that employ 80% of Nigerians with how it makes more money available for them to invest in improving capacity and efficacy?

If those in the highest population group, i.e the masses, translating to literally many millions of Nigerians ( and SMEs that employ them) will actually pay less tax then only a fool will note your real agenda and IPOB motivation.


Well-meaning technocrats devised the reform bills. Not bitter and hateful hacks like you that God has abandoned ages ago. It is why you go from disaster to disaster in your home region of the SE and in every aspect of your wretched lives.

https://placng.org/Legist/understanding-the-tax-reform-bills/

Re: House Of Reps Approve Tinubu's Tax Reform Bills by anonimi: 9:24am On Mar 14, 2025
UltraSolid:
Dullard. How can anyone happily bask in ignorance this shamelessly and publicly? You are no "omoluabi". Many of us know you here and your IPOB antics. Omoluabi are deemed "progressive" and "sophisticated" for established reasons.

Progressive and sophisticated because they can be objective enough to always see the bigger picture. Meaning, even if they detest Tinubu, they will familiarise themselves with the essence of the reform bills and get behind them, if beneficial for Nigeria.

Bode George, a sworn hater of Tinubu, is displaying Omoluabi predisposition while an IPOB lackey like you is making empty noise to satisfy his blind and inobjective hatred of others.

The bolded in your post, I. e "more taxes", disgracess you. Mumu, the tax reform bill consist of four separate bills with some not even about tax per se. Besides even those intrinsically related to taxes offer Nigerian individuals, small businesses etal reduced tax bill and liability.

For example, using the summary of the tax reform in second image, it is clear from number 1 that Small businesses with an annual turnover of ₦50 million or less are exempt from income tax. Number 4 shows that the new minimum income threshold for tax payment means majority of Nigerians will now no longer pay income tax.


Didirin IPOB layabout and loser, you should explain where you got the bolded in your post, which is a bare-faced lie, to be attacking reform bills that massively favours the "common man", totally removing the tax burden for 80% to 90% of them, and our SMEs that employ 80% of Nigerians with how it makes more money available for them to invest in improving capacity and efficacy?

If those in the highest population group, i.e the masses, translating to literally many millions of Nigerians ( and SMEs that employ them) will actually pay less tax then only a fool will note your real agenda and IPOB motivation.


Well-meaning technocrats devised the reform bills. Not bitter and hateful hacks like you that God has abandoned ages ago. It is why you go from disaster to disaster in your home region of the SE and in every aspect of your wretched lives.

https://placng.org/Legist/understanding-the-tax-reform-bills/
Stop your mumbo jumbo hallucinating labour in vain cyber bullying attempt of propaganda lies.

Is the ultimate goal of the tax reforms not to raise more revenue for government?

Kk4:
President Bola Tinubu’s Tax Reform Bills, submitted to Nigeria’s National Assembly in October 2024, aim to overhaul the country’s tax system through four key pieces of legislation: the Nigeria Tax Bill 2024, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and Joint Revenue Board (Establishment) Bill.
Here’s a summary:

1. Nigeria Tax Bill 2024: Consolidates taxes, exempts low earners (below ₦800,000/year) and small businesses (turnover ≤ ₦50 million), reduces corporate tax from 30% to 25%, and raises VAT from 7.5% to 15% by 2030. It shifts VAT sharing to favor states based on consumption (60%), introduces a 5% telecom tax, and prioritizes federal tax authority over conflicting laws.

2. Nigeria Tax Administration Bill: Standardizes tax processes across government levels, mandates digital filing, and increases penalties for non-compliance.

3. Nigeria Revenue Service Bill: Replaces the FIRS with the Nigeria Revenue Service to centralize tax collection, including royalties and excise duties.

4. Joint Revenue Board Bill: Creates a board to coordinate federal and state tax efforts.


Goals: Simplify taxation, boost revenue (targeting 18% tax-to-GDP by 2026), promote equity, and stimulate growth.

Status: Passed the House by March 13, 2025, with Senate approval pending after debates.

Controversy: Northern states oppose the VAT formula for favoring richer regions, though the reforms exempt essentials and aim to fund public services. Success depends on effective implementation and addressing regional disparities.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by shegz24(m): 9:25am On Mar 14, 2025
Even that 20% by population is still too much.

Probably we will have another tax reform bill when PBAT enters for 2nd term or under the new president by 2031.

Population should be 0% if possible.
Re: House Of Reps Approve Tinubu's Tax Reform Bills by Ringstonermasks: 10:00am On Mar 14, 2025
Good one
Re: House Of Reps Approve Tinubu's Tax Reform Bills by UltraSolid: 10:36am On Mar 14, 2025
anonimi:
Stop your mumbo jumbo hallucinating labour in vain cyber bullying attempt of propaganda lies.

Is the ultimate goal of the tax reforms not to raise more revenue for government?
Desperado giving himself likes and shares because no one will. I cannot educate your ignorance. Suffice to say a common concept worldwide is the efficient collection of tax and VAT from those who must pay those. Especially wealthy and highly profitable entities who, if ethical and responsible, should have no problems being socio-economic development partners of the political leaders of a nation.

Of course government must raise more revenue for government through taxes. It is what some of the nations off the world, deemed the best to live in, are about.

The UK, for example, is virtually about taxes with such paying for the huge benefits Britons enjoy to include, comparatively, some of the best infrastructures in the world, free NHS healthcare, welfare benefit for the most deprived etc, etc.

Nigeria cannot be left behind and must head in the same direction if she wishes to be more like the UK and less like Somalia and Afghanistan. Sure we must tweak our targets to match our reality but the socio-economic aims remain the same for all progressive nations. I.e efficient collection of taxes from those who can and should pay taxes and VAT, even when such has to increase.

They must do so for the greater good of society. The true test of societal progress is to inspect leadership reforms and initiatives to see if they improve the socio-economic reality of the majority. I.e the average Nigerian.

When, as with the tax reform bills, this is proven to be the case, I.e the common Nigerian is better off, why do you hateful dullards then move goalpost to make issues about wealthy multinational companies, like MTN etal, been made to pay more in their most profitable arenas of operations?

Go and sit down Bro. You are ignorant and a loser. No progressive Nigerian has your mindset.
It is clear hateful people like you wish to ignore the huge benefits of the tax reform bills of the current government, in favour of ordinary Nigerians, to focus on confused, ignorant and nebulous arguments you think hides your real agenda of ethnocentric hatred of the PBAT government.

The tax reform bills, 100% proven, benefit average Nigerians immensely. They are the winners. Why then are folks like you obsessed with counter-argument that highlights your ignorance.

It is clear you claim to be fighting for the Nigerian "common man" yet your talk shows you do not realize they are the winning beneficiary of the tax reform bills with the biggest losers being the big and very wealthy companies who have used corruption, unwieldy and serially-duplicated tax laws etal to rob Nigeria for many decades now.

The way to see the Tinubu tax reform bills is as a 'clean-up' of unsavoury conducts, decades long and detrimental to the progress of Nigeria and mostly the "common man", that has ensured we are lagging behind in global best practices adherence.
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Reps Approve Tinubu’s $516 Million Loan RequestBudget Deficit: Reps Approve Tinubu’s ₦1.15 Trillion Loan RequestReps Approve Buhari’s $22.7 Billion Loan Request. South East Reps Kick234

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