Section 77 Nigeria Tax Administration Act 2025

Section 77 of the Nigeria Tax Administration Act 2025 is about Power of the President or Governor to remit taxes. It provides as follows:

(1) The President may, on the recommendation of the Minister of Finance, acting on the advice of the Service, remit wholly or in part, the tax payable by any person pursuant to section 3(1) of this Act, if satisfied that it will be just and equitable to do so.

(2) The Governor of a State may, on the recommendation of the Commissioner responsible for finance, acting on the advice of the relevant tax authority, remit wholly or in part, any tax payable to that State, which the relevant tax authority in that State has power to administer pursuant to section 3(2) of this Act, if satisfied that it is just and equitable to do so.