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Nigeria's lower house of parliament passes tax reform bills, with some tweaks - REUTERS
ABUJA, March 13 (Reuters) - Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking progress in the government's efforts to overhaul the country's tax system, but several proposed measures were watered down.
Nigeria, Africa's most populous country, has one of the world's lowest tax-to-GDP ratios, at 10.8%, forcing the government to rely on borrowing to fund the budget.
