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Nigeria: Senate passes tax reform bill for second reading

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In Nigeria, the Senate has advanced four tax reform bills to the next legislative stage, passing them for second reading on Thursday through voice votes. These reforms were proposed by President Bola Tinubu, who submitted the bills to the National Assembly on October 3 for consideration.

Despite the progress, the reforms have sparked controversy, particularly among northern governors and other stakeholders, who have raised concerns over their potential impact. Debate on the reforms is expected to intensify as discussions progress.

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Nigeria: Senate passes tax reform bill for second reading

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