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Nigeria Plans New National Tax, Spending, Borrowing Policies

tax compliance

By Adedapo Adesanya  Nigeria is set to announce a new set of policies that revolves around borrowing, spending, and taxation before the year ends, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) set up by President Bola Tinubu, Mr Taiwo Oyedele, has disclosed. “Additionally, a new National Tax Policy, Spending Policy, and Borrowing Policy will be introduced before the end of the year, while constitutional amendments are expected in 2025 and 2026, aligning with the National Assembly’s two-year timeline. “We just closed out now on the proposal phase, we’re already consulting with the private sector. That