Reps propose tax exemption for military personnel

The House of Representatives Committee on Finance has proposed exempting military personnel from personal income tax, in a move aimed at recognizing the sacrifices of personnel of Nigeria’s armed forces,

The committee’s chairman, Hon. Abiodun Faleke, made the announcement on Thursday during a clause-by-clause review of four tax bills transmitted to the National Assembly by President Bola Tinubu in October 2024.

Explaining the rationale behind the proposal, Faleke emphasized the critical and demanding nature of military service, arguing that tax relief would serve as a form of financial support and recognition for the armed forces.

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

The proposal received unanimous endorsement from the committee, signaling strong legislative backing for the initiative.

If adopted, the tax exemption could provide financial relief for thousands of military personnel across the country, many of whom serve under strenuous and high-risk conditions. While the proposal is still in its early stages, it reflects a broader conversation about improving welfare packages for Nigeria’s security forces, particularly as they continue to combat insurgency, banditry, and other security threats nationwide.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now