Nigeria Breaking News

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Nigeria Set to Overhaul Tax System in July, Aiming to Boost Revenue and Stabilize Naira

The Nigerian government is on track to overhaul its complex tax system in July, according to Taiwo Oyedele, head of the Presidential Fiscal Policy and Tax Reforms Committee. This ambitious reform package aims to simplify tax collection, reduce the tax burden on businesses, and ultimately boost the country’s tax-to-GDP ratio, one of the lowest globally. …