Title: Tinubu to Sign Four Major Tax Reform Bills into Law Thursday Date Published: 26 June 2025 Description: Tinubu to Sign Four Major Tax Reform Bills into Law ThursdayPresident Bola Tinubu will sign four landmark tax reform bills into law on Thursday, June 27, 2025, a move aimed at overhauling Nigeria’s fiscal and revenue systems, the Presidency has announced.According to Bayo Onanuga, Special Adviser to the President on Information and Strategy, the bills were passed by the National Assembly after extensive stakeholder consultations and are expected to:Improve tax administrationIncrease revenue generationEnhance Nigeria’s ease of doing businessBoost both domestic and foreign investmentsThe Four Tax Reform Bills:1. Nigeria Tax Bill (Ease of Doing Business)Aims to consolidate fragmented tax laws, reduce multiple taxation, and improve the predictability of the fiscal environment.2. Nigeria Tax Administration BillEstablishes a uniform legal and operational framework for tax collection across federal, state, and local governments.3. Nigeria Revenue Service (Establishment) BillReplaces the Federal Inland Revenue Service (FIRS) with a more autonomous and performance-driven agency—Nigeria Revenue Service (NRS). The bill expands the agency’s role to include non-tax revenue and includes stronger transparency and efficiency measures.4. Joint Revenue Board (Establishment) BillCreates a unified structure for collaboration between all revenue authorities and establishes oversight bodies such as:Tax Appeal TribunalOffice of the Tax OmbudsmanSigning Ceremony at the Presidential VillaThe signing will take place at the Presidential Villa, Abuja, in the presence of:Senate President Godswill AkpabioHouse Speaker Tajudeen AbbasKey legislative leadersState governors including Abdulrahman Abdulrazaq and Hope UzodinmaFinance Minister Wale EdunAttorney General Lateef Fagbemi The reforms are central to Tinubu’s economic agenda and aim to simplify tax compliance while improving Nigeria’s investment climate. Attached Images: b2e89c0297e2f3260945ed0ae65e7a15e47c5e5bb8b088d34f63860f22600076.jpeg Attached Video: None