N’assembly transmits tax reform bills to Tinubu for assent
Yemi Adaramodu, chairman of the senate committee on media and public affairs, relayed the development on Tuesday during a press briefing at the National Assembly Complex.
The legislative package includes four bills: the Joint Revenue Board (Establishment) Bill, the Nigeria Revenue Service (Establishment) Bill, the Nigeria Tax Administration Bill, and the Nigeria Tax Bill.
The bills are designed to modernise tax administration, broaden the tax base, and enhance coordination across federal, state, and local levels.
“Yes, the bill has now been transmitted. It is out of our hands and on its way to the executive,” Adaramodu said.
The bills were originally sent to the national assembly by Tinubu in November 2024 as part of his administration’s Renewed Hope economic agenda.
The harmonised versions were adopted by the senate and house of representatives on May 25.
“Tax bills like these require careful scrutiny. Legal departments in both chambers must ensure they align with existing laws before we send them to the presidency,” the senate spokesperson said.
“It’s not a matter of two or three days. After harmonisation, the clerk of the national assembly prepares the final document. Only then can the senate president and the speaker sign off for transmission.”
He said the joint committees, legal review teams, and legislative aides worked on the final drafts.
Senate President Godswill Akpabio last week commended the lawmakers for their display of “national interest, inclusive legislative engagement, and strategic leadership” in ensuring the bills’ passage.
“These bills will add immense value to governance and transform how taxes are collected and shared in Nigeria,” Akpabio said.
