Category : Search result: federal government tax bill


Supreme Court Dismisses Osun's LG Funds Suit

Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.

FIRS Clarifies 4% Development Levy on Imports

The FIRS clarifies the 4% Development Levy is a consolidation of existing charges, not a new tax. Read details on exemptions, free trade zones, and reactions from Nigerian importers.

Senate Debates Single National Emergency Number Bill

The Nigerian Senate is considering a bill to create a single, toll-free emergency number. This unified system aims to replace scattered helplines, improving response times for police, fire, and medical services nationwide.

TIN Not Mandatory for Personal Bank Accounts - FG

The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.

AI's Role in Fixing Nigeria's Tax Trust Deficit

Nigeria's new 2025 tax reforms face public skepticism. This analysis explores how Artificial Intelligence, not just policy changes, can build trust by ensuring transparency in revenue collection and spending.

Bauchi Governor Presents N878bn 2026 Budget

Governor Bala Mohammed presents a N878 billion 2026 budget to the Bauchi State Assembly, focusing on economic and social sectors. The budget sees a 41% increase from 2025.

Nigeria to Cut CGT and Corporate Tax Rates in 2026

Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.

98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

LIRS Promotes Tax Education in Lagos Schools

Lagos Inland Revenue Service partners with DKK to host Tax Trybe debate competition, educating students about taxation importance and creating future tax ambassadors.

ACCI Calls for More Engagement on New Tax Laws

The Abuja Chamber of Commerce urges the Federal Government to increase stakeholder engagement for the successful implementation of new tax reforms set for 2026. Learn more about the key changes.

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