The Nigerian House of Representatives approved President Bola Ahmed Tinubu’s tax reform bills on Thursday after months of debate.
Sunday Dare, the President’s media spokesperson, shared the news in a statement on his official X account on Thursday.
Dare did not provide further details but confirmed that the bills were passed by the House of Representatives after extensive discussions.
“Tax reform bills have been approved by Nigeria’s House of Representatives today in Abuja. Today, March 13, 2025,” he said.
This approval comes after months of controversy surrounding Tinubu’s tax reform plans.
The Northern Nigeria Governors’ Forum had earlier rejected the bill, especially the proposed value-added tax (VAT) model in the Nigeria Tax Bill.
The National Economic Council also opposed the tax derivation model.
It is important to note that on October 3, 2024, Tinubu presented four tax reform bills to the National Assembly, including the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill.
