In February 2017, Nigeria’s Federal Executive Council approved the revised national tax policy to promote investment and improve the government’s revenue collection. In June this year, two executive orders and five amendment bills were also been approved to improve Nigeria’s taxation system. Chinedu Ezomike, Partner and Head of Commercial Practise at Andersen Tax joins CNBC Africa to review the progress of Nigeria’s tax reforms.
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Reviewing Nigeria’s tax reforms
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In February 2017, Nigeria’s Federal Executive Council approved the revised national tax policy to promote investment and improve the government’s revenue collection. In June this year, two executive orders and five amendment bills were also been approved to improve Nigeria’s taxation system.