The penultimate quarter of 2024 saw significant developments in Nigeria’s tax landscape. From definitive rulings by the Tax Appeal Tribunal to various incentives to strengthen the oil and gas sector and numerous policies introduced by the Federal Inland Revenue Service, this third quarter witnessed a substantial shift in revenue policies.
In this edition of our Q3 Newsletter, we analyse key judgments, legislations, and policies that shaped the quarter, offering explanations and insights into the pivotal changes. Additionally, we included a brief preview of some emerging news from the final quarter. As is custom, we hope you will find this an engaging read.
