The House of Representatives has officially approved President Bola Ahmed Tinubu’s tax reform bills, marking a significant development in Nigeria’s fiscal policy.
This was disclosed on Thursday, March 13, 2025, by Presidential Spokesperson and Special Adviser on Media and Public Communications, Sunday Dare, via his official X (formerly Twitter) account.
Dare confirmed that the bills were passed by the Green Chamber after months of intense debate, though he did not provide further details.
“Tax reform bills have been approved by Nigeria’s House of Representatives today in Abuja. Today, March 13, 2025,” he wrote.
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Tax Reforms Face Strong Opposition
The passage of Tinubu’s tax bills comes amid ongoing controversy and resistance from key stakeholders.
The Northern Nigeria Governors’ Forum (NNGF) previously rejected the proposed Value-Added Tax (VAT) derivation model, a crucial aspect of the Nigeria Tax Bill.
The National Economic Council (NEC) also opposed the tax derivation framework, raising concerns over its impact on revenue sharing across states.
Breakdown of Tinubu’s Tax Reform Bills
Recall that on October 3, 2024, President Tinubu submitted four major tax reform bills to the National Assembly:
Nigeria Tax Bill 2024
Tax Administration Bill
Nigeria Revenue Service Establishment Bill
Joint Revenue Board Establishment Bill
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These bills aim to streamline Nigeria’s tax system, boost revenue collection, and promote fiscal accountability. However, their implementation remains a hotly debated issue among lawmakers, state governments, and economic experts.
What’s Next for Tinubu’s Tax Reforms?
With approval from the House of Representatives, the bills will now proceed to the Senate for further legislative action. If passed, they will become law, potentially reshaping Nigeria’s tax structure and revenue allocation system.
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