Lagos, July 9, 2025 — The Corporate Accountability and Public Participation Africa (CAPPA) has warned that Nigeria is forfeiting more than ₦200 billion each year due to its underwhelming sugary drink tax, emphasizing the urgent need for reform to address health and economic costs. Presenting at a public health symposium in Lagos, CAPPA’s Executive Director, Akinbode Oluwafemi,
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has announced that Nigerian households earning ₦250,000 or less on a monthly basis will be exempted from paying personal income tax, in what he described as a major step towards easing the financial pressure on low-income earners across the country. Speaking
Abuja, June 19, 2025 – The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has decried the widespread tax evasion by wealthy residents and high-profile individuals in Abuja, describing them as the biggest obstacle to the territory’s revenue growth and development efforts. Speaking during a stakeholders’ meeting on internally generated revenue, Wike expressed frustration
