‘Wealthy’ Nigerians to Pay 25% Personal Income Tax – Taiwo Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced the Nigerian Government’s proposal to increase the Personal Income Tax(PIT) on wealthy Nigerians to 25% in 2025. Speaking at the 30th Nigeria Economic Summit, Oyedele said the new tax policy, already contained in the Economic Stabilization Bill currently at the … [Read more…]