By James Adamu
The Senate has just passed two of the four tax reforms bills.
They are Nigeria Tax Administration Bill, 2025 and the Nigeria Revenue Service Bill, 2025.
Two others -Nigeria tax bill, 2025 and the Joint Revenue Board Establishment Bill, 2025 – were deferred to the next legislative day.
The four bills, presented to the National Assembly by President Bola Tinubu last year, are principally to reform the country’s tax system.
They had initially generated controversies following fears raised largely by northern lawmakers that the bills were meant to favour some states and increase the tax load of some categories of Nigerian.
But, owing to a series of interventions and engagements with the Executive across several months, most of the grey areas in the bills, especially the distribution of Value Added Tax (VAT) were ironed out.
The House of Representatives had earlier passed the four bills.
However, the Senate will have to pass the two remaining bills to align the number with that of the House before the bills are forwarded for presidential assent.
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