Latest news

Tax Reforms : FG Inaugurates Tax Appeal Commissioners


The Federal Government yesterday inaugurated the newly appointed 50 Tax Appeal Commissioners, marking a progression in government’s tax reforms journey Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, performed the inauguration in Abuja.

According to a statement issued by the Director of Information in the ministry, Mohammed Manga. Edun, the statement noted, emphasised the importance of the Tax Appeal Tribunal (TAT) in ensuring fair and efficient adjudication of tax disputes, which is essential for attracting investment and fostering a business-friendly environment.

He pointed out that reducing tax evasion was vital for maintaining trust in Nigeria’s tax system and funding national development.

“While tax avoidance remains legal, tax evasion must be curtailed to ensure the integrity of Nigeria’s tax system,” he noted. Discussing Nigeria’s improving economic indicators, Edun highlighted stabilising inflation, declining food prices, and rising oil production.

These improvements, he stated, demonstrated the progress of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which aims to place Nigeria on a sustainable path of growth, job creation, and poverty reduction.

Speaking earlier, Minister of State Finance, Dr. Doris Uzoka-Anite, stated that “the Tribunal is a key mechanism in the tax system, balancing the interest of gover nment in revenue generation and ensuring that taxpayers’ rights are protected”. She called on the members of the Tax Appeal Tribunal (TAT) to bring their wealth of experience to bear in order to ensure the realization of the policy objectives of government.



Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...