Breaking: Reps Committee Proposes Tax Waiver for Military Personnel

The House of Representatives Committee on Finance has proposed tax exemption for military personnel in Nigeria.

This development was announced by the Committee’s Chairman, Abiodun Faleke, during a clause-by-clause consideration of four tax bills transmitted by President Bola Tinubu in October 2024.

Faleke justified the proposal, stating, “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.”

This move is seen as a gesture of appreciation for the military personnel’s service to the nation. The proposal’s details are yet to be disclosed, but it is expected to provide financial relief to military personnel and their families.

According to PUNCH ONLINE, the proposal was unanimously endorsed.