Just In: Tinubu’s Tax Reform Bills Pass Second Reading At Senate

The 10th senate led by Godswill Akpabio, has passed four tax reform bills proposed by President Bola Tinubu for second reading.

Naija News gathered that the bills passed second reading after the majority leader of the senate, Opeyemi Bamidele, led a debate on them on Thursday.

The four tax bills sent to the National Assembly include the Nigeria Tax Bill 2024, which is expected to provide the fiscal framework for taxation in the country, and the Tax Administration Bill, which will provide a legal framework for all taxes in the country and reduce disputes.

Others are the Nigeria Revenue Service Establishment Bill, which will repeal the Federal Inland Revenue Service Act and establish the Nigeria Revenue Service; and the Joint Revenue Board Establishment Bill which will create a tax tribunal and a tax ombudsman.

More details later…