4 articles tagged with “fiscal reform”
Nigeria's government launches investment budgeting overhaul and CBN payment system reforms while negotiating capital gains tax framework with foreign investors threatening to freeze $3 billion in potential investments.
The Capital Market Academics of Nigeria has endorsed President Tinubu's Executive Order requiring direct remittance of oil and gas revenues to the Federation Account, calling it a significant fiscal transparency measure while recommending its extension to joint venture assets.
President Bola Tinubu has signed an executive order requiring direct remittance of oil and gas revenues to the Federation Account Allocation Committee, bypassing intermediary agencies in a reform aimed at plugging revenue leakages.
Nigeria's Presidential Committee on Fiscal Policy and Tax Reforms has dismissed allegations that the Nigeria Tax Act 2025 imposes a 25% levy on construction materials, clarifying that the legislation aims to enhance housing affordability and economic stability.