tax reforms Nigeria

Tinubu Defends Painful Reforms, Says Nigeria Cannot Continue “Fake Life” Economy

IDNN
Tinubu economic reforms Nigeria debate intensified after President Bola Tinubu defended fuel subsidy removal, tax reforms, and foreign exchange restructuring at the Africa CEO Forum in Kigali. The president insisted Nigeria could no longer sustain what he described as a “fake life” economy, arguing that painful sacrifices today were necessary to prevent fiscal collapse, stabilize the country, and secure future generations....

Tax Reforms vs Reality: Why PAYE Cuts Feel Invisible to Workers

IDNN
Nigeria’s new tax reforms promise relief through PAYE reductions, yet many workers say they feel poorer, not better off. This deep dive examines why PAYE cuts feel invisible to workers, analysing inflation velocity, household cost absorption, payroll implementation gaps and the psychology of income perception that continues to undermine confidence in reform outcomes....

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