Subsidy Bill Could Have Hit ₦53tn, Says NRS Chairman
By Oluwakemi Kindness The Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, says Nigeria’s petrol subsidy bill could have risen to about ₦53 trillion if the government had retained the policy. Adedeji also claimed that the naira could have weakened to about ₦3,500 to the dollar if the subsidy regime had continued. He made […]
Digital Economy: WATAF, ATAF Develop Regional Tax Tools
By Oluwakemi Kindness The West African Tax Administration Forum and African Tax Administration Forum are exploring the development of regional tools, guides, and digital applications to help African countries effectively tax the growing digital economy and strengthen information sharing between tax and customs administrations. Speaking at the 11th Africa Tax Symposium 2026 in Rabat, Executive […]
ICPC, NRS Partner to Tackle Tax Evasion in Borno
By Sofiat Adenekan-Abdul The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has partnered with the Nigeria Revenue Service (NRS) in Borno State to combat tax evasion and address cases of staff bullying during revenue enforcement operations. The partnership was announced on Thursday during a sensitisation meeting with staff of the Nigeria Revenue Service […]
Bola Ahmed Tinubu Targets Poverty with Bold Tax Reforms
By Arinzechi Chukwunonso President Bola Tinubu has attributed Nigeria’s persistent poverty to outdated colonial-era tax structures, pledging that sweeping fiscal reforms under his administration will drive inclusivity, transparency, and economic growth. Speaking at the inauguration of the new Nigeria Revenue Service (NRS) headquarters in Abuja, the President said the country’s former tax system was plagued […]
Reps Rejects Minority Caucus Committee Report on Tax Laws
By Oluwakemi Kindness The House of Representatives has rejected claims that its Minority Caucus constituted an ad hoc committee to re-examine recently enacted tax laws, insisting that such a move has no legal or parliamentary backing. In a statement issued on Sunday, the House Spokesman, Akin Rotimi Jnr, clarifies that only committees constituted by the […]
Reps Release Certified True Copies of Four Tax Reform Bills
By Oluwakemi Kindness The House of Representatives Release Certified True Copies of Four Tax Reform Bills on Saturday night released the Certified True Copies (CTCs) of the four major tax reform laws following the circulation of unauthorised and misleading versions. The move, according to a statement is directed by the Speaker of the House, Abbas Tajudeen, […]
Budget Office Defends Integrity of Newly Enacted Tax Reform Acts
By Oluwakemi Kindness The Budget Office of the Federation has defended the integrity of Nigeria’s newly enacted Tax Reform Acts, dismissing claims that the laws were altered after passage and warning against what it described as governance driven by speculation and unverified information. In a statement issued on Wednesday, the Office said allegations of post-passage […]
Nigeria Revenue Service Unveils Official Logo to Replace FIRS
By Oluwakemi Kindness The Nigeria Revenue Service (NRS) has officially unveiled its logo, marking the formal transition from the Federal Inland Revenue Service (FIRS) following the enactment of the Nigeria Revenue Service Establishment Act, 2025. The unveiling ceremony, held on Wednesday in Abuja, comes months after President Bola Tinubu signed the enabling law in June […]