tax - HenrisCounty

‘No VAT on money you transfer’ – Oyedele

Taiwo Oyedele, Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, has come out to clarify that, Value Added Tax (VAT) is charged "only" on the banking fee or commission.…

HenrisCounty January 17, 2026Banking, NRS, Oyedele, tax, VATNo Comments

Business

JTB releases important update on how to easily retrieve Tax ID

The Joint Tax Board Nigeria has released an important update where it made known a "simple" way to retrieve Tax Identification (Tax ID). The JTB announced a portal where individuals…

HenrisCounty December 29, 2025Joint Tax Board, Nigeria, NIN, Revenue, tax, Tax IDNo Comments

Business

‘Tax ID applies primarily to business accounts’ – Oyedele separates ‘facts from misinformation’

Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has come out to separate "facts from misinformation" on Tax ID. Via a public education series posted on X,…

HenrisCounty December 27, 2025business, Nigeria, taxNo Comments

News

Fire incident at FIRS Office in Abuja

The Federal Inlans Revenue Service (FIRS) has announced, a fire incident happened at its office in Wuse Zone 5 in Abuja on Saturday 20 December, 2025. Via a public notice,…

HenrisCounty December 21, 2025FCT, FIRS, law, Revenue, taxNo Comments

Business

President Tinubu approves tax policy for implementation of tax reforms

President Bola Ahmed Tinubu has given the approval for the establishment of the National Tax Policy Implementation Committee (NTPIC) which will ensure the implementation of the administration's "landmark" tax reforms.…

HenrisCounty November 29, 2025Edun, Minister, Nigeria, Reforms, taxNo Comments

Business

FG removes 5% Telecom Tax on Voice, Data Services

The Federal Government has overturned the 5% excise tax imposed previously on telecommunications service across Nigeria. The tax, introduced since the Muhammadu Buhari administration attracted extensive criticism from industry players…

HenrisCounty September 12, 2025administration, Buhari, Call, data, Nigeria, tax, TelecommunicationsNo Comments

Business

FG clarifies 5% fuel subcharge, expresses commitment to macroeconomic stability

The Federal Government has once again assured Nigerians of its "unwavering" commitment to macroeconomic stability as it clarifies recent frets bordering the 5% fuel surcharge referenced in the Nigeria Tax…

HenrisCounty September 10, 2025Economy, fuel, government, Job, Nigeria, tax, Wale EdunNo Comments

Business

‘A fair tax system must never punish poverty or weigh down the most vulnerable’ – President Tinubu

The new tax laws recently signed by President Bola Ahmed Tinubu will take effect from January 2026. The President described the new tax laws as "fair tax system", and said,…

HenrisCounty August 22, 2025law, Personal Income Tax, Renewed Hope, tax, TinubuNo Comments

News

‘Bandit tax of ₦56m in Zamfara, ghost town in Kwara are signs of State failure’ – ADC

The African Democratic Congress (ADC) has expressed "deep" worry over the reported extortion of "₦56 million" from farmers in Zamfara State by armed groups and the footage of an entire…

HenrisCounty August 9, 2025ADC, Kwara, Nigeria, tax, Tinubu, ZamfaraNo Comments

News

EFCC’s power to ‘investigate and prosecute’ tax evasion cases affirmed by Appeal Court

Justice Balkisu Bello Aliyu of the Court of Appeal, Abuja Division, has ruled, the Economic and Financial Crimes Commission (EFCC) does not possess the power to "investigate and prosecute" cases…

HenrisCounty July 24, 2025Appeal Court, Court, EFCC, justice, taxNo Comments

News

US debt is now $37tn – should we be worried?

As Donald Trump cheered the passage of his self-styled, and officially named, Big Beautiful Budget Bill through Congress this week, long-sown seeds of doubt about the scale and sustainability of…

HenrisCounty July 5, 2025Big beautiful bill, tax, Trump, United States, USNo Comments

Business

‘Bold step toward an investment-friendly economy’ – Femi Otedola praises President Tinubu after signing tax reform bills into law

Nigerian businessman, Femi Otedola, has commended President Bola Ahmed Tinubu after signing the tax reform bills into law. He described the new tax reform laws as "bold and necessary", saying,…

HenrisCounty June 28, 2025business, Laws, Otedola, President, tax, TinubuNo Comments

Business

‘These new laws deliver Nigeria’s first major, pro-people tax cuts in a generation’ – President Tinubu

President Bola Tinubu has signed four (4) new tax reform bills into law that will "simplify our tax regime", as well as, "deliver Nigeria's first major, pro-people tax cuts in…

HenrisCounty June 26, 2025Bills, law, Nigeria, tax, TinubuNo Comments

Business

‘New dawn for Nigeria’ – President Tinubu signs four fiscal reforms bills into law

President Bola Tinubu has signed four (4) fiscal reform bills into law today, Thursday 26 June, 2025. The President had earlier made known, he will sign the bills into law,…

HenrisCounty June 26, 2025Bills, business, President, tax, TinubuNo Comments

Business

‘For too long, our tax system has been a patchwork, complex and burdensome, that era ends today’ – President Tinubu

President Asiwaju Bola Ahmed has announced, "in a few hours" he will sign into law four landmark tax reform bills into law, which will usher in a "bold new era…

HenrisCounty June 26, 2025Bill, business, law, Nigeria, President, tax, TinubuNo Comments

News

President Tinubu to sign four tax reform bills into law

President Bola Tinubu will sign four tax reform bills into law on Thursday. The taxreform bills "will transform Nigeria’s fiscal and revenue framework." This was announced via a State House…

HenrisCounty June 25, 2025Bills, Nigeria, Special Adviser, tax, TinubuNo Comments

Business

Press Statement – ‘Re: Nigeria’s external borrowing plan for 2024-2026’

"The borrowing plan does not equate to actual borrowing for the period", the Press Statement released by the Federal Ministry of Information and National Orientation (FMINO), signed by Mohammed Manga,…

HenrisCounty May 28, 2025energy, Federal Government, Loan, NASS, National Assembly, Nigeria, Nigerian National Petroleum Company, President Tinubu, tax, transportationNo Comments

News

United States: Trump to revoke Harvard’s tax-exempt status

On Friday, President Donald Trump declared that "We are going to be taking away Harvard’s Tax Exempt Status," saying "It’s what they deserve!" The announcement is coming from Trump after…

HenrisCounty May 2, 2025Donald Trump, Harvard, tax, United States, UniversityNo Comments

Culture

International Workers’ Day 2025′: ‘Full PAYE exemption – Tax Reform Bills will benefit Nigerian workers’ – Presidency

The Presidency through Taiwo Oyedele, Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, said, the "Tax Reform Bills will benefits Nigerian workers". The statement was made in commemoration of…

HenrisCounty May 2, 2025Food, Nigerian, PAYE, Presidency, tax, Tax Reform Bills, workersNo Comments

Politics

United Kingdom: ‘This man is not serious’ – Kemi Badenoch blasts Keir Starmer after saying ‘we’re giving millions of Britons a pay rise’

This is a conversation between Prime Minister of the United Kingdom (UK) and the Leader of the Labour Party and Kemi Badenoch, Leader of the Conservative Party. PM Starmer tweeted:…

HenrisCounty April 2, 2025Conservative Party, Keir Starmer, Kemi Badenoch, Prime Minister, tax, United KingdomNo Comments