TAX

New withholding tax regime to take effect from January 1st, 2025- FIRS 

FG introduces tax reliefs for deep offshore oil and gas projects 

FG removes VAT on diesel, CNG, electric vehicles, others to crash prices  

Why FG is yet to approve fixed FX rate for Custom import duties — Taiwo Oyedele  

70% Windfall Tax – Economists raise mixed concerns over Nigeria’s growth outlook 

Presidential tax committee to use FCT as pilot for tax harmonisation for states 

FEC approves Presidential tax committees’ recommendations, offer tax breaks to companies employing more staff 

FG plans to reduce corporate income tax rate in the next two years – Taiwo Oyedele 

Nigeria truck drivers spend over N450,000 as levies to transport yam from north to south — Taiwo Oyedele 

Nigeria’s 70% windfall bank tax: Rewarding effort, taxing Luck