The House of Representatives Committee on Finance has put forward a proposal to exempt military personnel in Nigeria from paying personal income tax.
During a session on Thursday, the committee’s chairman, Abiodun Faleke, announced the recommendation while lawmakers reviewed four tax bills sent to the National Assembly by President Bola Tinubu in October 2024.
Faleke emphasized the necessity of the exemption, citing the demanding nature of military service.
“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,” he stated.
The proposal received unanimous support from committee members.
On the same day, the House began deliberations on the tax bills, breaking into the Committee of the Whole to examine each clause in detail.
Earlier in the week, Faleke had submitted a report summarizing a three-day public hearing on the proposed legislation.
The report incorporated feedback from various stakeholders and reviewed memoranda submitted during the hearings.
Among the bills under consideration is a proposed law that outlines the procedures for assessing, collecting, and managing revenue at the federal, state, and local government levels while defining the powers and responsibilities of tax authorities.
