But Oyedele explained that the current VAT allocation formula, based on 20 per cent derivation, 50 per cent equality of states, and 30 per cent population, was flawed.
The Senate appeared to have succumbed to a tsunami of pressure yesterday as it suspended further action on President Bola Tinubu’s controversial Tax Reform Bills.
FOLLOWING criticisms and pressures on the tax reform bills forwarded to the National Assembly by President Bola Tinubu for ...
Under indictment and facing re-election, Mr. Adams has turned his attention to the city’s affordability crisis.
Governor Babajide Sanwo-Olu of Lagos State has expressed support for the Federal Government-led tax reform, describing the ...
Amid the debate over the tax reform bills initiated by the Bola Tinubu administration, a federal lawmaker, Leke Abejide, has ...
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing ...
The suspension follows extensive deliberations by lawmakers to resolve disagreements over key provisions of the proposed ...
As Republicans map out the early stages of Trump 2.0, a debate is emerging about whether to cut a tax deal quickly or wait ...
The House and Senate haven’t yet agreed on which legislation to take up first next year under unified Republican control of ...
The recent controversy surrounding the proposed tax reform bills has highlighted the need for more inclusive and ...