Nigeria Revenue Service Unveils Official Logo to Replace FIRS
By Oluwakemi Kindness The Nigeria Revenue Service (NRS) has officially unveiled its logo, marking the formal transition from the Federal Inland Revenue Service (FIRS) following the enactment of the Nigeria Revenue Service Establishment Act, 2025. The unveiling ceremony, held on Wednesday in Abuja, comes months after President Bola Tinubu signed the enabling law in June […]
New Tax Framework to Cut Operating Costs for Airlines — FG
By Oluwakemi Kindness The Presidential Fiscal Policy and Tax Reforms Committee has dismissed claims that Nigeria’s new tax laws will negatively affect the aviation industry. Rather it is insisting that the reforms are designed to ease long-standing cost pressures on airlines rather than worsen them. In a statement on monday, the committee acknowledged the genuine […]
OGFZA Backs 10-Year Tax Exemption for Oil, Gas Free Zone Operators
By Okuwakemi Kindness The Oil and Gas Free Zones Authority (OGFZA) has supported calls for a 10-year exemption for operators in oil and gas free zones from the new tax law. OGFZA Managing Director and CEO, Bamanga Umar-Jada, made the call in Onne, Rivers State, during a town hall meeting with the Federal Inland Revenue […]
FG to Launch Tax Ombud Office to Safeguard Taxpayers’ Rights
By Oluwakemi Kindness From January 1, 2026, Nigerian taxpayers will have a new avenue to resolve disputes as the Federal Government launches the Office of the Tax Ombud (OTO), a key feature of President Bola Tinubu’s ongoing tax reforms. Established under the Joint Revenue Board of Nigeria (Establishment) Act, 2025, the Ombud will serve as […]
Nigeria, Netherlands Begin Tax Treaty Renegotiation
By Oluwakemi Kindness The Federal Government of Nigeria has officially opened talks with the Kingdom of the Netherlands to renegotiate their Double Taxation Agreement (DTA). This marks the first international tax treaty review since the enactment of sweeping tax reforms signed into law by President Bola Tinubu on June 26, 2025. The milestone event, held […]
Tax Reform Bills Will Boost Economy – Senator Lad
By: Anayo Akwitti The Special Adviser to the President on Senate Matters, Senator Basheer Lado, CON, has assured Nigerians that the proposed tax reform Bills undergoing a public hearing at the National Assembly will drive economic growth and enhance the standard of living. Speaking during a courtesy visit by a delegation of professors, […]
House to Hold Public Hearing on Tax Reform Bills
The House of Representatives is set to hold a Public Hearing on four key Tax Reform Bills currently at the Committee Stage, as part of its commitment to fostering a more efficient and equitable tax system in Nigeria. The hearing which seeks to ensure broad-based stakeholder engagement, will hold from Wednesday, 26th to Friday, 28th […]