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PRESIDENTIAL TAX COMMITTEE

The Presidential Fiscal Policy and Tax Reforms Committee has clarified that the proposed 5% fuel surcharge under Nigeria’s...
The Presidential Fiscal Policy and Tax Reform Committee has announced plans to use the Federal Capital Territory (FCT) as a pilot for the implementation of tax harmonisation across Nigeria. 
The Federal Executive Council (FEC) has approved the recommendations of the Presidential Committee on Fiscal Policy and Tax Reforms in the economic stabilisation plan of the federal government.   
The Presidential Committee on fiscal policy and tax reforms chaired by Mr. Taiwo Oyedele has proposed reduction in the personal income tax rate for Nigerians earning less than N2 million monthly and increase the rate for those earning above N5 million.