Tag: #TaxJustice
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NEW NIGERIAN TAX REGIME TO LIGHTEN BURDEN ON YOUTHS AND SMALL BUSINESSES
Good news for Nigerians: starting January 1, 2026, the new tax system introduced by President Bola Tinubu’s administration is set to ease the tax burden on the majority of people, especially the youth and small business owners. Dr. Tope Fasua, the President’s Economic Adviser, revealed during the Youth National Discourse in Abuja that those earning…
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ECONOMIST CALLS FOR TAXING RELIGIOUS INSTITUTIONS AND TACKLING CORRUPTION IN NIGERIA’S TAX SYSTEM
Economist Daramola Omoyele has urged the Nigerian government to include religious institutions in the new tax net, warning that excluding some of the wealthiest religious leaders undermines fairness and public trust. Speaking with NAN, Omoyele emphasized that while the Nigeria Tax Administration Act (2025) introduces reforms like a unified tax ID system and raised exemption…
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FIRS CALLS ON MEDIA TO BOOST VOLUNTARY TAX COMPLIANCE NATIONWIDE
Media urged to be the bridge and educator, making tax compliance a shared national duty. Dr. Zacch Adedeji, FIRS Executive Chairman, stressed the media’s vital role in fostering voluntary tax compliance during a Kaduna sensitisation event. He highlighted that informed, fair, and transparent tax reporting builds public trust, reduces enforcement costs, and advances national development.…
