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Nigeria should introduce a number of tax reforms in 2017 to reduce its reliance on oil revenues, the International Monetary Fund has said. Read Full Story
Nigeria's Minister of Budget and National Planning, Udoma Udo Udoma, has denied that the Nigerian Government intends to raise taxes and will instead focus on compliance. Read Full Story
A Nigerian government spokesperson has confirmed that the nation is not planning to increase its value-added tax (VAT) rate or impose new taxes to increase tax revenue. Read Full Story
The Executive Chairman of Nigeria's Federal Inland Revenue Service, Babatunde Fowler, has disclosed that the Nigerian Government is to introduce a requirement for an individual to show a tax certificate before obtaining or renewing a passport. Read Full Story
More than USD260m in tax revenues has been generated through the Tax Inspectors Without Borders initiative since its launch in July last year, the OECD announced on November 22. Read Full Story
Nigeria's Federal Inland Revenue Service has announced that a tax amnesty is now in operation for undeclared tax liabilities for the three years from 2013 to 2015. Read Full Story
Nigeria's review committee, which was established early this year to recommend ways to improve the current National Tax Policy, has recommended the introduction of a tax amnesty program. Read Full Story
Nigerian Minister of Mines and Steel Development Kayode Fayemi has offered a three-year corporate tax holiday to prospective investors in the country's mining sector. Read Full Story
Only 10m of Nigeria's total population of 180m pays tax, according to the National Tax Policy Review Committee, which has urged politicians to develop measures to expand the tax base as a priority. Read Full Story
A proposed service tax on certain electronically supplied services in Nigeria will increase the costs of doing business and make internet access unaffordable for a vast swathe of the population, the Government has been warned. Read Full Story
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