Nigeria’s Revenue Hits N15.8tn: Economists Cite Reforms
Economists have attributed Nigeria’s strong revenue performance in the first five months of 2026 to the impact of recent tax reforms, improved revenue administration and stronger earnings from the oil sector, following government collections of N15.8tn during the period. According to data from the Nigeria Revenue Service reported by Bloomberg, government revenue rose by 49 […]
FG Bans Cash Tax Collections & Revenue Roadblocks in Nigeria
The Federal Government on Tuesday formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement, as part of fresh regulations to implement Nigeria’s new tax laws nationwide. The disclosure was made in Abuja by the Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, during the signing of the […]
Expert seeks waiver to boost voluntary tax compliance
An economist and tax practitioner, Dr Ernest Abegbe, has urged the nation’s tax authorities to introduce a temporary waiver on the Late Returns Penalty and accrued interest to encourage companies to regularise outstanding tax filings and payments. Abegbe said this in an interview where he noted that the waivers would align with ongoing reforms aimed […]
States urged to align with Nigeria’s new tax regime
The Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, has urged state governments to align their tax laws with the new national tax regime, describing subnational cooperation as critical to the success of ongoing fiscal reforms. Adesokan said, “While national laws provide direction, true transformation requires alignment at state and local levels, where […]
eTranzact Supports NRS E-invoicing Phased Rollout in Nigeria
eTranzact has reaffirmed its commitment to supporting taxpayers with same-day onboarding and seamless electronic invoice uploads as the Nigeria Revenue Service intensifies the phased implementation of its e-invoicing regime. The fintech firm made the pledge at the NRS E-invoicing Compliance Workshop and Stakeholder Engagement held on Tuesday, where stakeholders discussed practical steps to drive adoption […]
Technology is Key to Implementing Nigeria’s New Tax Laws
The Executive Chairman of the Nigerian Revenue Service, Zacch Adedeji, says technology is a crucial factor in the implementation of the new tax laws. Adedeji made the statement on Wednesday during the inaugural convocation lecture at the Federal Polytechnic, Ayede, in Ogo-Oluwa Local Government Area, Oyo State, titled “The Role of Technology in Implementing Nigeria’s […]
Tax Committee Engages Stakeholders on New Nigeria Tax Laws
The National Tax Policy Implementation Committee has sustained its stakeholder engagement programme, holding a high-level consultative session with leading tax advisory firms, professional bodies, and institutional representatives to support the effective implementation of Nigeria’s newly enacted tax laws. It was stated in a statement on Tuesday that the meeting brought together national presidents of professional […]