
Tax Law Mystery: Nigerian Lawmakers Uncover Major Legislative Discrepancy
Nigerian lawmakers discover significant discrepancies in recently passed tax reform laws, raising urgent questions about legislative transparency and potential constitutional breaches.
In a dramatic unveiling of potential legislative misconduct, Nigerian Representative Abdussamad Dasuki has raised alarm over significant disparities between tax reform laws passed by the National Assembly and their official gazettement.
The controversy centers on four critical tax Actsโthe National Revenue Service Act, Joint Revenue Board of Nigeria Act, Nigeria Tax Administration Act, and Nigeria Tax Actโwhich were originally passed in March 2025 and signed by President Bola Ahmed Tinubu in June 2025.
During a passionate plenary session, Dasuki highlighted substantial inconsistencies between the originally approved legislation and the versions subsequently published. Specific alterations include the removal of petroleum income and Value Added Tax from federal tax administration categories, and dramatic changes to reporting thresholds for individual and corporate tax returns.
The gazetted version notably reduced monthly cumulative reporting thresholds from N50 million to N25 million for individuals, and from N250 million to N100 million for companies. Moreover, the scope of required customer information was significantly narrowed, eliminating transaction details and customer locations.
Perhaps most controversially, new provisions were introduced that could substantially impact taxpayers' rights. A particularly contentious addition requires individuals appealing tax tribunal decisions to deposit 20 percent of the disputed amount as security before their appeal can be heard.
Speaker Abbas Tajudeen acknowledged Dasuki's concerns, promising a thorough investigation into the discrepancies. The potential constitutional breach raises critical questions about legislative transparency and the integrity of Nigeria's tax reform process.
Legal experts are now closely examining the alterations, with many suggesting the changes could have far-reaching implications for tax administration and taxpayer protections. The unfolding saga underscores the importance of meticulous legislative oversight in protecting democratic processes.
Based on reporting by Daily Trust
This story was written by BrightWire based on verified news reports.
Spread the positivity! ๐
Share this good news with someone who needs it
More Good News
๐ Global NewsSoutheast Governors Pledge National Unity, Back Tinubu for 2027 Election
๐ Global NewsADC Unveils Comprehensive Party Congress Roadmap for 2025/2026
๐ Global NewsOguta Community Celebrates Correctional Service Leader's Remarkable Journey
Joke of the Day
"Why did the bicycle fall over? Because it was two-tired!"
Explore Categories
Quote of the Day
"Hope is seeing light in spite of the darkness. Every positive story we share illuminates the path forward for humanity."
โ Elon Musk