TAX

October 12, (THEWILL) — For too long, taxation in Nigeria has been viewed with suspicion—an opaque process where citizens pay, sometimes reluctantly, with little confidence in how fairly their contributions are assessed or applied. President Bola Tinubu’s sweeping 2025 tax...

October 07, (THEWILL) — Nigeria’s planned rollout of excise tax stamps on alcoholic and non-alcoholic beverages has drawn opposition from manufacturers, who warn the measure could drive up production costs, worsen inflation, and dampen consumer demand at a...

July 28, (THEWILL) — President Bola Tinubu’s recent assent to the Tax Reform Bills has launched Nigeria into a new era of fiscal policy, a period ripe with both transformative potential and considerable challenges. While the stated objectives are laudable,...

August 05, (THEWILL) – The prospects of expanding tax revenues and job opportunities are slimming down as Nigeria’s major service and consumer good firms reported massive operating losses in their operations during the first half of 2024. Operating results of...

August 04, (THEWILL) – The recent move by the Federal Government to boost its sources of revenue through the imposition of windfall tax is welcome. In the first place, this shows that it is thinking outside the box. In...

March 05, (THE WILL)- The Enugu State Internal Revenue Service (ESIRS) has sealed an outlet of ShopRite in the State over its alleged failure to remit purchase tax to the government.   ESIRS Head, Department of Eateries, Bars, Hotels and Shopping...