The Nigerian Senate is set to commence a two-day public hearing on crucial tax reform bills from Monday, as lawmakers push forward with efforts to modernise the country’s tax framework and enhance revenue generation.
Speaking after a closed-door session on Wednesday, Chairman of the Senate Committee on Finance, Senator Sani Musa, confirmed that the hearings follow extensive engagements with key stakeholders across the economic and financial sectors.
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The hearings, convened by the Senate Committee on Finance, will bring together senior government officials and 71 critical stakeholders to scrutinise the proposed legislation.
Deliberations on Monday will centre on the Joint Revenue Board Establishment Bill and the Nigerian Revenue Services Bill. On Tuesday, discussions will shift to the Nigerian Tax Administration Bill and the Nigerian Tax Bill, as lawmakers seek to address longstanding inefficiencies in tax collection and administration.
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