By Gloria Ikibah
The House of Representatives has passed through third reading the ‘Nigeria Tax Bill’, the ‘Tax Administration Bill’, the Joint Revenue Board Establishment Bill, and the Nigeria Revenue Service Bill, on Tuesday at plenary.
Naijablitznews.com recalled that on Thursday, March 13, 2025, the House in the Committee of the Whole, considered and adopted the report of the Committee on Finance on the four Tax Reform Bills and subsequently approved the recommendations.
President Bola Tinubu had on October 3, 2024, transmitted the proposed legislation to the national assembly urging lawmakers to pass the tax reform bills.
After scaling first reading, the bills faced opposition from the northern governors, who argued that the proposed laws could harm the region’s interests, requesting the National Assembly to reject the bills and demanding fair and equitable implementation across all regions.
However, in January, the Nigeria Governors’ Forum (NGF) endorsed the bills after agreeing on an “equitable” VAT-sharing formula.
In November 2024, the senate passed the bills for second reading, and in February, the bills scaled the second reading at the green chamber after an extensive debate.
The parliament subsequently held a public hearing on the four Tax Reform Bills.