Copyright businessday

As part of its broader fiscal reform agenda, the federal government has introduced several tax and policy changes aimed at deepening Nigeria's capital market and attracting new investment. The overarching goal is to reduce the cost of doing business, simplify compliance, and make the financial ecosystem more efficient and investor-friendly. According to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, the new reforms are designed to achieve several critical objectives: harmonise Nigeria's complex tax st