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TAX REFORMS FOR FINANCIAL RE-ENGINEERING AND FISCAL TRANSPARENCY
The Lagos Chamber of Commerce & Industry (LCCI) commends the Federal Government for enacting to law, four landmark tax reform bills today, the Nigeria Tax Bill (Ease of Doing Business), the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. These reforms, passed after extensive stakeholder consultations,…
BALANCING RELIEF AND RESPONSIBILITY: THE $500M WORLD BANK LOAN & NIGERIA’S ECONOMIC FUTURE
The Lagos Chamber of Commerce and Industry (LCCI) acknowledges the recent approval of a $500 million loan by the World Bank to Nigeria under the Community Action for Resilience and Economic Stimulus Program. This development comes at a crucial time as the nation grapples with mounting economic challenges, including inflationary pressures, declining purchasing power, and…
