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Showing posts from October, 2025

TAX SUFFRAGE FOR ASPIRANTS TO POLITICAL OFFICES IN NIGERIA

  TAX SUFFRAGE FOR ASPIRANTS TO POLITICAL OFFICES IN NIGERIA. It is no longer news that on January 1, 2026, a new Tax law regime will come into full force, namely, the Nigeria Tax Act [NTA], 2025; the Nigerian Tax Administration Act, 2025 ; the Joint Revenue Board of Nigeria [Establishment] Act, 2025 , and the Nigeria Revenue Service [Establishment] Act, 2025 . These laudable pieces of legislation, intended to transform Nigeria and improve the lives of Nigerians, would be beneficial if implemented boldly. The Nigerian Tax Act [NTA], 2025, repealed certain Tax Acts in the country, namely, the Capital Gains Act, the Casino Act, the Companies Income Tax Act, the Deep Off-Shore and Inland Basin Production Sharing Contracts Act, the Industrial Development [Income Tax Relief][ Act, Income Tax [Authorized Communications] Act, Value Added Tax Act, and the Venture Capital [Incentive] Act, amended the Nigeria Export Processing Zones Act; the Oil and Gas Free Trade Zone Act, the Nation...