The Senate confirmed on Tuesday that the National Assembly has transmitted the tax reform bills to President Bola Tinubu for his approval.
This confirmation came as Tinubu signed three new bills in Abuja, bringing the total number of bills he has enacted during the tenure of the 10th Assembly to 55.
Sen. Yemi Adaramodu, Chairman of the Senate Committee on Media and Publicity, confirmed the transmission of the tax reform bills while speaking with Senate correspondents at the National Assembly in Abuja.
“I can confirm to you that the bills have indeed been transmitted to the Executive. You can quote me on this,” Sen. Adaramodu stated.
The four tax bills include the Joint Revenue Board (Establishment) Bill, 2025; the Nigeria Revenue Service (Establishment) Bill, 2025; the Nigeria Tax Administration Bill, 2025; and the Nigeria Tax Bill, 2025.
On May 28, the Senate adopted the harmonised versions of the bills as agreed upon by both chambers of the National Assembly, having previously passed them through first, second, and third readings.
President Tinubu initially forwarded the bills to the Legislature in November 2024, but they were soon met with controversy, as numerous stakeholders, including the Governors’ Forum, opposed them.
However, following a series of consultations to address concerns and adjustments to the Value Added Tax (VAT), corporate, and income tax provisions within the bills, tensions eased, allowing the National Assembly to pass the bills.
While both the Presidency and the National Assembly have celebrated these bills as part of the midterm achievements of the current All Progressives Congress-led government, there has been no confirmation that Tinubu has signed them into law.
On Tuesday, the Senate dispelled further speculation regarding the bills, stating that while the Legislature has completed its role, it is now awaiting the President’s signature.”
