New Laws Exempt State Bonds From Tax, Slashes Borrowing Costs – Oyedele

Nigeria’s incoming Nigeria Revenue Service (NRS) will exempt state government bonds from tax under new laws effective January 1, 2026, slashing borrowing costs and creating vital fiscal space for infrastructure, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, announced in Lagos. Speaking at a recent briefing, Oyedele highlighted how the reforms—transitioning […]