The PUNCH: In a move to eliminate multiple taxation, the Presidential Committee on Fiscal Policy and Tax Reforms has proposed the stoppage of 190 taxes choking businesses in the country. The panel presented its ‘Quick Win Report’ to President Bola Tinubu, who endorsed its far-reaching recommendations on tax and fiscal policies during a brief ceremony at the Presidential Villa, Abuja, on Tuesday.
The Guardian: The National Assembly has been busy legislating on the delicate subject of insecurity in the last 16 years, but without commensurate return on investment. For the effort, the National Assembly has succeeded in passing over 261 resolutions, prepared and passed at least 25 legislative bills and appropriated over N12 trillion targeted at halting the spread of insurgency
The Nation: Far-reaching recommendations on the economic direction of the Bola Ahmed Tinubu Administration were submitted to the President yesterday. The Taiwo Oyedele-led Presidential Fiscal Policy and Tax Reform Committee got the presidential stamp and the directive to present the proposals to the Federal Executive Council (FEC) for approval
Daily Trust: The Tax Appeal tribunal sitting in Lagos has ordered MTN Nigeria Communications Limited to pay $72,551,059 million (N57.5bn at N795 to a $1) in tax default to the Federal Inland Revenue Services (FIRS), between the years 2007 to 2017.
