In this episode of the I Am Change Podcast, we unpack the complexities of Nigeria’s new tax reform bills and their implications for everyday Nigerians. On October 3, 2024, President Bola Ahmed Tinubu submitted four major tax bills to the National Assembly in a bid to modernize the country’s tax system and drive sustainable economic growth.Joining us is Akin Oyebode, the Commissioner for Finance in Ekiti State and a leading voice in Nigeria’s economic policy landscape. Akin breaks down the objectives of the reform, which include harmonizing revenue administration, promoting transparency, leveraging digital innovation, and protecting vulnerable taxpayers.

We also explore some of the critical concerns raised by stakeholders, including fears of disproportionate tax burdens on low- and middle-income earners, threats to Free Trade Zones, increased business taxation, and potential constitutional contradictions. Akin shares expert insight into how these bills could reshape Nigeria’s fiscal architecture, the role of state governments, and what an ideal implementation should look like.

This episode thoughtfully analyses the tax reforms' promises and pitfalls, encouraging Nigerians to stay informed and engaged in policies that directly impact their livelihoods.

Tune in to understand how these reforms could affect you and what needs to change for Nigeria’s tax system to truly work for all.

Follow I Am Change Podcast on social media:
Facebook: https://www.facebook.com/iamchangepodcast
Instagram: https://www.instagram.com/iamchangepod/
Twitter: https://twitter.com/iamchangepod