Nigeria, Feb. 10 -- The ongoing conversation about introducing tax reforms in Nigeria has become quite fascinating. The debates have been informative, as both the proponents and opponents argue their cases to win public sympathy. It represents a fiscal framework tailored towards sustainable economic growth. The Nigerian government has done well in breaking down the story, so that ordinary people can understand it better during engagement sessions. A study of the provisions and propositions of the reform suggests an intention to build an equitable, fair and inclusive economy.

The bill exempts low-income earners from the pay-as-you-earn (PAYE) tax, while offering reduced monthly rates to those earning less than N1.7 million. Eliminating va...