PRESIDENT TINUBU MOVES DIGITAL FREE ZONES INITIATIVE TO IMPLEMENTATION, TARGETS MORE GLOBAL JOBS AND INVESTMENT FOR NIGERIANS. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU MOVES DIGITAL FREE ZONES INITIATIVE TO IMPLEMENTATION, TARGETS MORE GLOBAL JOBS AND INVESTMENT FOR NIGERIANS President Bola Ahmed Tinubu has moved Nigeria’s Digital Free Zones initiative to its next phase, as the Renewed Hope administration seeks to make it easier for Nigerian technology and service companies to raise global capital, employ Nigerians and build for international markets without moving their businesses and intellectual property abroad. The President said the initiative will also create opportunities for more young Nigerians to work for global companies from Nigeria and expand the domestic ecosystem of engineers, developers, designers, lawyers, accountants and other professionals who provide services to growing digital businesses. “Nigeria has the talent, enterprise and ambition to build companies that can compete anywhere in the world. Our responsibility as a government is to ensure that Nigerians do not have to leave Nigeri...
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ANAMBRA STATE TAXES, LEVIES AND PRESUMPTIVE TAX (APPROVED LIST FOR COLLECTION) LAW WILL TAKE EFFECT FROM JANUARY 1 2026. - ANAMBRA ASSEMBLY. (PHOTO).

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 Anambra State Taxes, Levies  and Presumptive Tax (Approved List for Collection) Law will take effect from January 1 2026. - Anambra Assembly


The Anambra State House of Assembly has passed Anambra State Taxes, Levies  and Presumptive Tax (Approved List for Collection) Law 2025.


The Speaker, Rt. Hon. Somtochukwu Udeze, who presided during the plenary read out the bill for the third time and the House unanimously adopted it through voice votes. The law is expected to take effect from January 1, 2026.


The provisions contained in the bill says any person who mounts a roadblock or causes a roadblock to be mounted for the purpose of collecting fees or levies in contravention of Sections 52 and 53 of the Anambra State Taxes, Levies and Presumptive Tax (Approved List for Collection) Law, 2025, commits an offence and is liable on conviction to a fine not exceeding ₦2 million or imprisonment for a term of two years, or both.


The bill, which was deliberated upon at the Committee of the Whole, seeks to eliminate multiple taxation and illegal collections across the state. It also promotes the use of electronic payment systems to enhance accountability, transparency, voluntary compliance, and effective revenue monitoring, while blocking leakages and curbing illegal tax activities, including unauthorized roadblocks mounted by tax agents and non-state actors.


The proposed law further aims to establish a transparent, technology-driven, and harmonized tax administration system at the sub-national level, in line with national aspirations for a simplified, single-digit tax regime.

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