The Senate has approved two out of four key tax reform bills, marking a major step forward in the country’s tax administration overhaul. The approved bills include one repealing the Federal Inland Revenue Service (Establishment) Act and another establishing the Joint Revenue Board (Establishment) Bill 2025, alongside the Nigeria Revenue Service Bill 2025. These were passed after a detailed clause-by-clause review during the Committee of the Whole and a third reading on the Senate floor. READ ALSO: Senate Considers Tax Reforms Bills, Debates Contentious Clauses President Bola Ahmed Tinubu submitted the four reform bills to the National Assembly in October 2024 for consideration and passage. Senate President Godswill Akpabio hailed the development, expressing confidence that the reforms would improve governance and transform tax collection and distribution nationwide. “These bills will add immense value to governance and transform how taxes are collected and shared in Nigeria,” he said. He further assured that the remaining two bills would be finalised tomorrow (Thursday), even if it required extended sitting hours. “We are committed to concluding the outstanding bills tomorrow, even if we have to stay here until 10 p.m.,” Akpabio said.