Category : Taxation


New Tax Laws Bring 50 Reliefs to Nigerians in 2026

Nigeria's sweeping tax reforms effective January 2026 offer significant exemptions including PAYE relief for minimum wage earners, zero-rated VAT on essentials, and business incentives to stimulate economic growth.

LIRS Clarifies Tax Recovery Process, Denies Account Seizure

Lagos State Internal Revenue Service Chairman Ayodele Subair clarifies that the agency's power to recover unpaid taxes through third parties is a legal, court-backed process for recalcitrant defaulters, not arbitrary account seizures.

Oyedele: I can die for Nigeria as a tax reformer

Taiwo Oyedele, head of Nigeria's tax reform committee, declares readiness to sacrifice for fiscal reforms, detailing capital gains tax exemptions. Business leaders highlight persistent high costs and economic misalignment.

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