Nigeria’s fiscal reform programme has reached a defining institutional milestone, with the Minister of State for Finance, Taiwo Oyedele, declaring that the country’s revenue system has been fundamentally restructured for performance, efficiency, and long-term sustainability. Speaking on behalf of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the commissioning of …
President Bola Ahmed Tinubu on Tuesday inaugurated the new Corporate Headquarters of the Nigeria Revenue Service (NRS) in Abuja, charging the agency to uphold trust, fairness, and accountability as Nigeria advances its fiscal reform programme. Speaking at the ceremony, the President said the NRS must earn public confidence and international respect through transparent and efficient …
Nigeria’s sweeping fiscal reforms are beginning to yield measurable results, with the Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, declaring that the country has moved from policy intentions to real execution under President Bola Ahmed Tinubu. Speaking at the commissioning of the NRS Corporate Headquarters in Abuja on Tuesday, Adedeji said the …
President Bola Ahmed Tinubu has commissioned the Corporate Headquarters of the Nigeria Revenue Service (NRS) in Abuja, marking a defining moment in the Federal Government’s push to overhaul the country’s revenue generation system. The high-profile ceremony brought together top political leaders, including Senate President Godswill Akpabio, Deputy Senate President Jibrin Barau, Speaker of the House …
FG Moves to Centralise Revenue Collection, Retains Technical Oversight with the Solid Minerals Ministry The Federal Government has handed over the collection of mineral royalties from mining operators nationwide to the Nigeria Revenue Service (NRS), in a major policy shift aimed at strengthening revenue administration under the new tax laws. The Ministry of Solid …
The federal government has dismissed as false a viral video claiming that Nigeria’s new tax laws will only commence in 2027 and that a 25 per cent tax has been imposed on funds meant for building materials and other transactions. This was contained in a separate clarification by the Presidential Fiscal Policy and Tax Reforms …
The Federal Government of Nigeria has set a bold revenue target of ₦40.7 trillion for 2026. Officials say the goal is to boost domestic revenue and reduce dependence on borrowing. The target, revealed at the Nigeria Revenue Service (NRS) Management Retreat in Abuja on Tuesday, represents a 44 per cent increase from the ₦28.29 trillion …
The Nigeria Revenue Service (NRS) said it collected ₦28.3 trillion in revenue by the end of December 2025, marking a significant performance milestone for the agency. The figure was disclosed on Tuesday by the Executive Director in charge of Government and Large Taxpayers, Amina Kurawa, during a staff retreat organised by the service. She said …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have strengthened their partnership aimed at boosting revenue collection for the Federation. The decision was taken on Monday, when the new NUPRC Chief Executive, Oritsemeyiwa Eyesan, visited the NRS Chairman, Zacc Adedeji, at the corporate headquarters of the tax agency in Abuja. …
The Federal Inland Revenue Service (FIRS) is set to hold the second edition of its 2025 Tax Clinic in Abuja through the Emerging Taxpayers’ Group (ETG). The initiative aims to simplify tax processes, educate citizens, and promote voluntary compliance ahead of the rollout of new tax laws. The one-day event, themed “Tax Clinic for Tax …
