Reps propose tax exemption on military personnel’s income

The House of Representatives Committee on Finance has put forward a proposal to exempt military personnel in Nigeria from paying personal income tax.

This recommendation was made by the committee’s chairman, Abiodun Faleke, on Thursday during a clause-by-clause review of four tax bills sent to the National Assembly by President Bola Tinubu in October 2024.

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During the session, Faleke stated, “Mr Speaker, honourable colleagues, the committee proposed that personal income of military personnel should be exempted from tax. This is because of the critical nature of their assignment.”

The proposal received unanimous support from the committee members.

More details to follow.