The four tax reform bills transmitted to the National Assembly by President Bola Tinubu in 2024 have passed the second reading in the House of Representatives.
The bills—Nigeria Tax Bill 2024, Tax Administration Bill, Nigeria Revenue Service Establishment Bill, and Joint Revenue Board Establishment Bill—were presented on the floor of the House on Wednesday, six months after their submission.
Despite initial opposition from northern governors and opposition politicians, lawmakers largely supported the bills during plenary. However, Rep. Sada Soli raised concerns about potential conflicts with the 1999 Constitution, particularly regarding revenue derivation.
Other lawmakers also highlighted the need for clarity on multiple taxation, especially the provision requiring both buyers and sellers of property to pay tax. They urged that the 40 acts set for amendment be formally presented to Parliament for review.
With the second reading completed, the bills will now proceed to a public hearing for further scrutiny.