In a significant move to address the impact of Nigeria’s ongoing tax reforms on the building and construction sector, the Council of Registered Builders of Nigeria (CORBON) has formalized partnership with the pioneer and leading civil society organization promoting affordable housing in Africa, the Housing Development Advocacy Network (HDAN), owners of Housing TV Africa, to co-host a high-level forum to discuss the implications of the new tax reform on the building and construction industry.

The event, scheduled for Thursday, April 24, 2025 at the Ladi Kwali Hall, Abuja Continental Hotel, aims to shed light on recent changes in tax regulations, explore emerging market opportunities, and tackle the challenges faced by stakeholders in implementing the new tax law.

In a press release, HDAN’s Executive Director, Festus Adebayo, stated that the collaboration with CORBON could not have come at a better time.

“We cannot fold our arms and allow the new tax reform to be passed into law without explaining its implications on the building and construction industry, and that is what we are planning to do in collaboration with CORBON, whose new leadership has prioritized advocacy for the development of the sector,” the statement reads.

Adebayo also emphasized that outcomes from this forum would be vital for its lobbying activities, particularly as it intends to engage with the new Tax Reform Committee at the National Assembly.

“The resolutions from this forum will be of great interest to our lobby group, as we aim to ensure that relevant concerns are addressed,” Adebayo noted.

He further confirmed that Mr. Taiwo Oyedele who is the Chairman, Presidential Committee on Fiscal Policy and Tax Reforms has confirmed to be the Keynote Speaker, and the Minister for Housing and Urban Development, Arc. Ahmed Dangiwa will be there as a Special Guest of Honour, while the Chairman of CORBON, Bldr. Samson Opaluwah, will be the Chief Host.

Recognized for his expertise in fiscal policy, Mr. Oyedele’s involvement underscores the forum’s significance for shaping tax-related decisions that affect the construction and real estate sectors. Both CORBON and HDAN are also collaborating to identify and invite a diverse panel of experts who will enrich the discussions.

The goal is to bring together professionals from taxation, construction, real estate, finance, and policy to ensure a well-rounded exploration of issues and solutions.

The partnership between CORBON and HDAN comes at a crucial time, as Nigeria’s construction sector continues to expand and evolve under new tax regimes. The forum will delve into tax compliance and incentives, policy gaps and opportunities, and collaborative advocacy, with the aim of uniting professional bodies, civil society groups, and government representatives to create a balanced approach that benefits both the public and private sectors.

By pooling resources and expertise, CORBON and HDAN hope to influence policy formulation and implementation in ways that bolster Nigeria’s housing and construction ecosystem.

According to HDAN, “This collaboration is not just about organizing an event, it’s about driving meaningful change and ensuring that voices from the grassroots, professional bodies, and policymakers are heard in the ongoing discussions around tax reforms.”

Participation will be by registration, not just for everybody but to also accommodate all senior professionals, experts and leaders in the sector.

The Council of Registered Builders of Nigeria (CORBON) is the statutory regulatory body for the practice of building in Nigeria. It is committed to advancing professional standards, promoting best practices, and influencing policies that support a robust and sustainable construction sector. Since the new leadership, council and registrar, it has been a different ball game with a more proactive approach.

The Housing Development Advocacy Network (HDAN) is a leading civil society organization and the owners of Africa International Housing Show and Housing TV Africa, dedicated to championing affordable housing, transparent policies, and sustainable growth in Nigeria’s real estate and construction industries. Its membership includes professionals that cut across different areas and professional bodies. Through research, advocacy, and strategic partnerships, HDAN seeks to influence policy reforms and promote equitable development.

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The fresh backlash against the bills in both chambers of the National Assembly is being spearheaded by governors from the seven states in North West and six state governors from the North East. Two state governors from North Central are also alleged to have joined the fray.

Four state governors from the North are aligning with President Tinubu’s positions on the tax reforms. Three out of the four governors are members of the ruling All Progressives Congress (APC), while one is a member of the opposition Peoples Democratic Party (PDP).

Two, out of the four presiding officers of the National Assembly who are from the North West, are currently under pressure to align with the position taken by Northern governors on the issue.

Though it is not clear if the two presiding officers will shift grounds and support governors from the North, it was learnt that powerful traditional rulers and clerics have been poached to prevail on them to frustrate the bills.

Already, lawmakers from the North, led by a former Leader of the Senate, Mohammed Ali Ndume, are mobilising against the bills in the two chambers of the National Assembly

Ndume, who in a series of interviews, said the bills were dead on arrival, has repeatedly argued that they’re anti-North and must therefore be jettisoned by President Tinubu.

“This tax they’re talking about, we are almost losing the middle class in Nigeria. It is either you have it or you do not have it. Those that are in the middle are being squeezed out. If Nigerians can pay for those taxes, it is okay.

“But in the current situation, increasing taxes is not an alternative at all. I will not support any increase in tax.

“Let us get things right first. Let people start living and not survive. Let people have extra income, and then you can tax them. I like to use an example of common sense. Allow Nigerians to have enough blood in their body before you start asking for donation,” Ndume had stated in a press release.

Other senators, though they’ve maintained a stoic silence, are covertly working to undermine the passage of the bills, it has been gathered.

Despite the mounting opposition, President Tinubu has stated that he will not withdraw the tax reform bills but remains open to legislative inputs and necessary changes.

The proposals have faced substantial criticism, with leaders urging the president to reconsider.

Key components of the reform include the Nigeria Tax Bill, intended to reduce overlapping taxes; the Nigeria Tax Administration Bill, which seeks to harmonise tax processes nationwide; the Nigeria Revenue Service (Establishment) Bill, which proposes renaming the Federal Inland Revenue Service (FIRS); and the Joint Revenue Board Establishment Bill, aimed at creating a Joint Revenue Board to streamline tax administration across the country.

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