TAX

Tax Policy Swings: Whither Nigeria?

December 08, (THEWILL) — The number and variety of taxes proposed, or already imposed by the President Bola Ahmed Tinubu administration in its 30-month of existence have begun to generate a lot of confusion and anxiety in the polity....

Tax-Hike Strategy Threatens Nigeria’s Trillion-Dollar Growth Ambition

November 14, (THEWILL) — Nigeria’s renewed push to raise government revenue through an expanded and more aggressive tax regime is facing mounting criticism from economists, private-sector leaders, and development experts who warn that the current approach could undermine the...

FG Unveils 50 Tax Exemptions For Low-Income Earners, SMEs From 2026

November 04, (THEWILL) — In a major move to ease the tax burden on ordinary Nigerians and support small businesses, the Presidential Fiscal Policy and Tax Reforms Committee has announced 50 tax exemptions and reliefs set to take effect...

Tax Ombud – A New Dawn For Nigeria’s Taxpayers

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...

New Excise Tax Stamp May Raise Prices, Weaken Consumer Demand — Manufacturers Warn

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...

Nigeria’s Tax Overhaul: Charting a Course Between Progress and Peril

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,...

Job, Tax Revenue Prospects Dim as Firms Sink Deeper in Losses

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...

THEWILL EDITORIAL: Judicious Use of Windfall Tax

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...

Enugu Seals ShopRite Over Failure To Remit Purchase Tax

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...
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Latest News

Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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