Tinubu Removes VAT on Food, Education, Others to Cut Household Costs

Tinubu Removes VAT on Food, Education, Others to Cut Household Costs

By Adedapo Adesanya President Bola Tinubu has announced that essential goods and services such as food, education, and healthcare will now attract zero per cent Value Added Tax (VAT) as part of fiscal reforms. He disclosed this in the speech to commemorate his second year in office on Thursday, adding that the move is part […]

Senate Approves Harmonized Tax Reform Bills

The Nigerian Senate passed the harmonised tax reform bills On May 28, 2025, marking a major overhaul of the country’s fiscal framework. These four landmark bills originally sent to the National Assembly in October 2024 are designed to unify and simplify Nigeria’s complex tax regime.What Bills Were Harmonised?Nigeria Revenue Service (Establishment) Bill Nigeria Tax Administration … The post Senate Approves Harmonized Tax Reform Bills appeared fir…

VAT On Food, Rent, Healthcare Removed As Tinubu Unveils Pro-Poor Tax Agenda

President Bola Ahmed Tinubu has announced the removal of Value Added Tax (VAT) on critical goods and services including food, healthcare, education, rent, public transportation and renewable energy. The decision forms part of the administration’s pro-poor tax reform agenda aimed at reducing the financial burden on low-income households and enhancing disposable income across vulnerable population […] The post VAT on Food, Rent, Healthcare Removed…

JUST IN: Senate Passes President Tinubu’s Harmonised Report On Tax Reform Bills

The Genius Media JUST IN: Senate Passes President Tinubu’s Harmonised Report On Tax Reform Bills JUST IN: Senate Passes President Tinubu’s Harmonised Report On Tax Reform Bills   The Genius Media Nigeria reports that The Senate on Wednesday adopted the harmonised conference committee report on the four tax reform bills.   The resolution of the Senate followed its consideration and approval of the recommendations of the conference committee of bo…