Category : Taxation


Tax Reform Committee Denies Oyedele Admitted Errors

The Presidential Fiscal Policy and Tax Reforms Committee refutes media claims that Minister Taiwo Oyedele acknowledged flaws in Nigeria's new tax laws, citing progress with over 100 million registrations.

Tax Reform Committee Rejects Claims of Errors in New Laws

The Presidential Fiscal Policy and Tax Reforms Committee has dismissed media reports that Minister of State for Finance Taiwo Oyedele admitted errors in Nigeria's new tax laws, calling them misleading. The committee highlighted early gains from the reform

Minister Admits Errors in Nigeria's New Tax Laws

Nigeria's Minister of State for Finance, Taiwo Oyedele, has acknowledged errors in the new tax reform laws, attributing them to manual processes and legislative lapses. He assured that a Finance Bill will address the issues, emphasizing transparency and p

Nigerians Groan Over Road Taxes Despite FG Ban

Nigerians, especially tricycle riders, are lamenting the enforcement of multiple road taxes across states, contradicting the Federal Government's ban. Operators detail high costs, extortion, and systemic issues that drain earnings.

Lagos Govt Prosecutes 45 Tax Defaulters, Full List Emerged

The Lagos State Government has initiated legal proceedings against 45 individuals and companies for alleged tax defaults totaling billions of naira. The defendants face prosecution in the Lagos Revenue Court as authorities urge compliance with tax laws.

NRS Takes Over Mineral Royalty Collection

The Nigeria Revenue Service will now collect mineral royalties from mining operators, as per new tax laws, while the Ministry of Solid Minerals Development retains technical oversight.

LIRS Tax Filing Deadline Extended to April 14: Full Guide

The Lagos State Internal Revenue Service has extended the individual tax filing deadline to April 14. This comprehensive guide explains who must file, how to use the eTax platform, required documents, and penalties for non-compliance.

FCT-IRS Extends Tax Filing Deadline to April 30

The Federal Capital Territory Internal Revenue Service has extended the deadline for filing individual annual income tax returns by one month to April 30, 2026. The agency urges residents to comply electronically and update personal details.

Tax Filing Errors in Nigeria: Penalties Explained

Learn about widespread tax filing errors in Nigeria, including missed deadlines and incorrect computations, and the financial penalties they attract. Experts advise early filing and professional guidance.

Lagos Extends Tax Filing Deadline to April 14

The Lagos State Internal Revenue Service has moved the individual income tax filing deadline from March 31 to April 14, 2026, providing residents with additional time to submit their annual returns accurately through the mandatory electronic system.

LIRS Extends Tax Return Deadline to April 14, 2026

The Lagos State Internal Revenue Service has extended the deadline for filing individual annual tax returns by two weeks to April 14, 2026, with electronic filing through the eTax platform remaining mandatory.

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