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The Nigerian Senate and House of Representatives are poised to commence a 5-days public hearing on the Tax Reform Bills.
The hearings are scheduled for Monday, February 24, and Tuesday, February 25, 2025 at the Senate and from February 26 to Friday, February 28, 2025, at the House of Representatives.
According to the flyer of the public hearing shared by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reform on his verified X Platform on Sunday, February 23, 2025, the hearing will take place from 10 am every morning.
This Executive Bill, introduced by President Bola Ahmed Tinubu, aims to overhaul the nation’s tax system to enhance efficiency and bolster revenue generation.
The reform process has been spearheaded by Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), and Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reform.
Their collaborative efforts have been instrumental in demystifying the proposed changes and effectively communicating their benefits to the public.