The Federal Government has issued guidelines for the transition from repealed tax laws to the new Tax Acts 2025. The Federal Ministry of Finance made this known in a statement on Thursday. It said the guidelines provide direction to taxpayers, tax practitioners, revenue agencies and other stakeholders on implementing the new tax framework. It also …
The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual tax returns to April 14, 2026, giving taxpayers in Lagos an additional two weeks beyond the initial April 1 deadline. The agency said the extension is aimed at allowing taxpayers sufficient time to properly complete and submit their returns, while …
As compliance remains low, confusion persists over tax filing obligations under the Nigeria Tax Act 2025* With the March 31 deadline only hours away, many Nigerians are still struggling to understand how to properly file their tax returns, exposing a wider gap in awareness and compliance across the country. Despite repeated warnings from the government, …
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has revealed that Nigeria’s ongoing tax reforms have exposed him to threats against his personal safety. Oyedele disclosed this on Tuesday in Abuja while speaking at a governance colloquium organised to mark the 50th birthday of Hajiya Hadiza Bala Usman, Special …
As Nigeria ushers in 2026, the nation operates under a landmark fiscal framework, the 2025 Tax Reform Laws. Designed to modernize the tax system, broaden compliance, and strengthen national revenue, these reforms have generated both optimism and anxiety. A wave of misinformation circulating online has raised fears that the new system could allow authorities to …
