Mr Shehu said the feat would underscore the administration’s dedication to enhancing transparency, accountability and efficiency in revenue generation.
The newly passed bills are the Joint Revenue Board Establishment Bill, 2025 and the Nigeria Tax Bill, 2025.
The new tax legislation is not just another trend. It is here to stay.
Without gainsaying the fact, the tax reform bills have been unarguably about the most thought-provoking issues in Nigeria today.
The opportunity is here. We need to seize it and make it work for everyone.
A customs and tax expert, Okey Ibeke, says the duties of the Nigeria Customs Service are not only limited to revenue collection but involve highly technical operations.
The Senate will begin a two-day public hearing on the four tax reform bills presented by President Bola Tinubu to improve the nation’s tax administration.
The group said, “The unanimous support for the tax bills by the governors underscores their holistic determination to embrace President Tinubu’s economic reforms.’’
He said the proposed reforms are designed to reduce financial burdens on the people and promote economic growth.
Mr Idris emphasised that the nation’s tax administration system was long overdue for reforms on account of design and implementation flows.
