The four Tax Reform Bills are ready for transmission to President Bola Ahmed Tinubu for assent.
This followed the adoption of the National Assembly Conference Committee report by the Senate and House of Representatives during plenary yesterday. Chairman of the Senate Committee on Finance and leader of the Senate delegation in the Conference Committee, Mohammed Sani Musa, presented the report.
The four tax reforms Bills transmitted in November 2024 by President Bola Ahmed Tinubu are: The Joint Revenue Board (Establishment) Bill, 2025 (SB. 583); Nigeria Revenue Service (Establishment) Bill, 2025 (SB. 584); Nigeria Tax Administration Bill, 2025 (SB. 585); and Nigeria Tax Bill, 2025 (SB. 586).
Chairman of the House Committee on Finance, James Faleke, who headed the House team to the conference committee, presented the report.
He said the committee agreed on all areas of difference in the version passed by both chambers of the National Assembly.
Faleke said there were 45 areas of differences in the Nigeria Tax Administration Bill, 12 in the Nigeria Revenue Service Bill, in the Joint Revenue Board Bill and 46 in the Nigeria Tax Bill.
