The House of Representatives has approved four tax reform bills after months of debate and amendments.
Lawmakers passed the bills on Tuesday, March 18, following their clause-by-clause consideration at the Committee of the Whole last Thursday.
The bills, initially sent by the Executive to the National Assembly in October 2024, include the Nigeria Tax Administration Bill (HB.1756), Nigeria Revenue Service (Establishment) Bill (HB.1757), Joint Revenue Board Bill (HB.1758), and Nigeria Tax Bill (HB.1759).
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The proposals sparked controversy and widespread scepticism among various groups and regions. Concerns raised prompted extensive consultations, culminating in a public hearing to incorporate diverse viewpoints.
Following adjustments made by the House Committee on Finance, lawmakers introduced new sections, amended contentious provisions, and removed problematic clauses before finally passing the bills.