One year after the Tax Reform Laws: Tinubu’s economic foresight is taking shape
Instead of waiting for oil prices to improve, the administration focused on strengthening domestic revenue through bold tax reforms that simplify the tax system, eliminate double taxation, encourage voluntary compliance, support businesses, and provide the government with sustainable resources to fund development.
Nigeria is steadily moving away from an economy that depends largely on crude oil towards one that is driven by sustainable domestic revenue.
By Arabinrin Aderonke One year ago, President Bola Ahmed Tinubu, GCFR, signed Nigeria’s landmark tax reform laws.
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