The House of Representatives has released the certified copies of four landmark tax reform Acts recently signed into law by President Bola Ahmed Tinubu, following public concerns over the circulation of conflicting and unauthorised versions of the legislations. The move, directed by Speaker of
BUSINESS
Nigeria’s ongoing tax reforms have been widely mischaracterised as revenue tricks, mostly through epistemic closure and motivated reasoning, solely focusing on revenue figures, tax rates, and who pays what. These debates often miss the larger and far more consequential point of the reforms which are primarily about fixing a broken fiscal architecture, and laying the […]
By Tanimu Yakubu A striking feature of Nigeria’s current economic debate is the enthusiasm with which huge numbers are circulated—and the casualness with which they are assembled. Tax collections are added to oil receipts; oil receipts are added again under customs or “subsidy savings”; borrowing is treated as income; and the resulting total is presented
The Federal Government is considering a bold new initiative aimed at identifying at least one exportable product in each of Nigeria’s 774 local government areas by 2026, in a move to accelerate non-oil exports and strengthen the country’s competitiveness under the African Continental Free Trade Area (AfCFTA). Under the proposed scheme, every local government would […]
…as Dangote Refinery Shuts Petrol Unit for Planned Maintenance and upgrades Nigeria’s downstream petroleum market has witnessed a sharp price reversal, with private depot owners lifting the ex-depot price of Premium Motor Spirit (PMS, commonly known as petrol) to ₦800 per litre across major locations. This development follows confirmation that the Dangote Petroleum
By Nick AguleNew tax laws promise reform, but without reforms in power, security, infrastructure, and fiscal discipline, risk taxing an empty economy! Nigeria entered 2026 with sweeping new tax laws, celebrated as a landmark overhaul of fiscal legislation. Yet controversy quickly followed. Allegations surfaced that the version signed by the President differs from the











