Legislation
National Assembly Moves to Establish State Police Amid Rising Insecurity
To address the escalating insecurity threatening Nigeria’s stability, the National Assembly is actively drafting legal frameworks for the establishment of state police. This...
Nigeria Considers Citizenship for Foreign Investors
The Nigerian House of Representatives has taken a significant step toward reshaping the nation’s investment landscape, passing a bill for second reading that...
House Advances 42 Constitutional Amendment Bills, Signaling Potential Shift in Governance
The Nigerian House of Representatives has advanced 42 constitutional amendment bills to the next legislative stage. This development follows a prior day’s passage...
Nigeria’s Insurance Sector Undergoes Seismic Shift with Landmark 2024 Reform Act
The House of Representatives has officially passed the Nigeria Insurance Industry Reform Act 2024, in a move poised to fundamentally reshape Nigeria’s financial...
House Approves Tax Reforms, Rejects VAT Hike Amidst Public Concern
After rigorous clause-by-clause scrutiny, lawmakers opted to maintain the existing 7.5% Value Added Tax (VAT) rate, rejecting a proposed phased increase that had...
Senate to Hold Public Hearing on Tinubu’s Landmark Tax Reform Bills
The Senate is set to embark on a crucial two-day public hearing, commencing February 24th and 25th, on four landmark tax reform bills...
Nigeria Tax Bill Proposes VAT Exemptions on Essential Goods
The 2024 Nigeria Tax Bill, currently making its way through the legislative process, aims to strike a delicate balance between providing relief for...