Tax Reforms

Interview: ‘The Success of the Tax Reforms Will be Measured by their Tangible Impact on Nigerians’

August 02, (THEWILL) — The President and Chairman of Council, Chartered Institute of Taxation of Nigeria, CITN, Mr Innocent Ohagwa, is passionate about Nigeria’s new tax laws which is part of the broader fiscal reform drive of the Federal...

Tax Incentive Reforms Trigger Corporate Restructuring Across Sectors

January 19, (THEWILL) — Recent adjustments to Nigeria’s tax incentive framework are driving a wave of corporate restructuring as companies reposition to optimise costs, compliance, and long-term growth, according to market watchers. Businesses across manufacturing, energy, technology, and financial...

Niger Unveils 2026 Tax Reforms To Support Security, Cut Reliance On Aid

January 13, (THEWILL) — The Government of the Republic of Niger has unveiled a new package of tax reforms under its 2026 budget proposals, aimed at boosting domestic revenue generation, strengthening national security operations and reducing the country’s dependence...

Tax Reforms Newsletter Aimed at Clarity, not Criticism – KPMG

January 12, (THEWILL) — KPMG has clarified that its recent newsletter on Nigeria’s newly enacted tax laws was intended to support understanding and implementation of the reforms, not to criticise government policy. This is according to a statement issued by...

Nigeria’s Tax Reforms Expected to Lift Tax-to-GDP Ratio in 2026

January 07, (THEWILL) — Nigeria’s tax-to-GDP ratio is projected to improve in 2026 as ongoing fiscal reforms begin to translate into stronger revenue mobilisation and broader tax compliance. Analysts say recent policy measures including tax administration reforms, digitisation of...

Tax Reforms Trigger Freight Rate Increase Plans By Shipping Lines

January 02, (THEWILL) — Proposed tax reforms have triggered growing tension between government authorities, shipping companies, and businesses, as major shipping lines signal plans to raise freight charges in response to higher operating costs. Industry players argue that the new...

New Tax Laws Designed to Ease Burden, Not Freeze or Debit Bank Accounts – Oyedele Assures Nigerians

December 23, (THEWILL) — The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the newly enacted tax reform laws will neither lead to the freezing of bank accounts nor...

Nigeria Launches Excellence in Tax Reform Reporting Award for Journalists, Influencers

October 05, (THEWILL) — The Presidential Fiscal Policy and Tax Reforms Committee has unveiled the Excellence in Tax Reform Reporting Award, a landmark initiative to recognise and reward journalists and online influencers who provide balanced, accurate, and impactful reporting...

Fuel Surcharge: Road to Progress or Roadblock to Prosperity?

September 22, (THEWILL) — Amidst the flurry of new tax laws and economic policies in Nigeria, the re-emergence of the five percent fuel surcharge has ignited a fierce debate, leaving many Nigerians questioning its timing, purpose and potential impact...

Only Taxable Persons, Businesses Require Tax ID To Open Bank Accounts, Not Ordinary Nigerians – FG

September 13, (THEWILL) — The federal government has refuted reports claiming that every Nigerian must obtain a Tax Identification Number (Tax ID) before opening or maintaining a bank account. The chairman of the Presidential Fiscal Policy and Tax Reforms Committee,...
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