Nigeria: New Tax Act Targets Fairness, Won’t Hinder Investment – Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured that the new Tax Reform Act is designed to promote fairness and sustainability without discouraging investments.

Speaking at a forum organised by the Nigerian Exchange Limited (NGX) to sensitise stakeholders on the implications of the 30 per cent Capital Gains Tax (CGT), Oyedele explained that the Act seeks to create a transparent and sustainable tax environment.

“The Reform Act is not to stifle…