|By Adejumo Adekunle-
- Green Chamber Approves Controversial Tax Bills Despite Opposition
- Northern Governors, Economic Council Previously Rejected VAT Derivation Model
- Tinubu’s 2024 Tax Bills Now One Step Closer to Becoming Law
After months of heated debates and opposition, the Nigerian House of Representatives has approved President Bola Ahmed Tinubu’s tax reform bills.
Presidential spokesperson and Special Adviser on Media and Public Communications, Sunday Dare, announced the development on Thursday via his official X account.
“Tax reform bills have been approved by Nigeria’s House of Representatives today in Abuja. Today, March 13, 2025,” Dare stated, without revealing further details.
The approval follows prolonged controversy over Tinubu’s tax reforms. The Northern Nigeria Governors’ Forum had vehemently rejected the proposed value-added tax (VAT) derivation model in the Nigeria Tax Bill. Similarly, the National Economic Council resisted the framework, citing economic concerns.
Recall that on October 3, 2024, Tinubu forwarded four tax reform bills to the National Assembly: the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill.
With the Green Chamber’s endorsement, the bills now advance toward final legislative approval, despite lingering opposition.