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Tinubu to sign tax reform bills Thursday

President Bola Tinubu is set to sign four major tax reform bills into law today, Thursday, June 26, 2025. 

By Rhalialt Arhuoizah

The bills include :
- *Nigeria Tax Bill (Ease of Doing Business)*: Aims to consolidate Nigeria's fragmented tax laws into a harmonized statute, eliminating multiple taxation and reducing compliance burdens on taxpayers.
- *Nigeria Tax Administration Bill*: Introduces a uniform operational and legal framework for tax administration across federal, state, and local governments.
- *Nigeria Revenue Service (Establishment) Bill*: Establishes a new, autonomous national revenue agency, the Nigeria Revenue Service (NRS), with a broadened mandate to manage tax and non-tax revenues.
- *Joint Revenue Board (Establishment) Bill*: Part of the reforms to streamline tax collection and management.

The signing ceremony, scheduled to take place at the State House in Abuja, marks a significant milestone in President Tinubu's economic reform agenda. The new laws are expected to :
- Simplify tax compliance
- Enhance revenue generation
- Improve the overall business climate in Nigeria
- Boost domestic and foreign investment
- Support the government's capacity to deliver public goods and services

Notable attendees at the ceremony will include :
- Chairman of the Governors Forum
- Chairman of the Progressives Governors Forum
- Minister of Finance and Coordination Minister of the Economy
- Attorney General of the Federation