NEC recommends tax reform bill pullback

NEC recommends tax reform bill pullback

….. As VP Shettima pushes for decentralized power to halt grid collapses. The National Economic Council (NEC) has advised the withdrawal of the current Tax Reform Bill from the National Assembly to allow for broader consultation and consensus-building among key stakeholders. Vice President Shettima, meanwhile, has emphasized the need to decentralize electricity, aiming to prevent…

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Tinubu vows to cut borrowing, eyes 18% tax to GDP ratio

Tinubu vows to cut borrowing, eyes 18% tax to GDP ratio

President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting burden of debt servicing it places on the management of Nigeria’s limited government revenues. Inaugurating the Presidential Committee on Fiscal Policy and Tax Reforms, chaired by Mr. Taiwo Oyedele,…

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