‎Why Tinubu Replaced FIRS with NRS in Sweeping Tax System Overhaul ‎ ‎In a bold move to modernize Nigeria’s fiscal landscape, President Bola Ahmed Tinubu has signed into law four transformative tax reform bills, effectively dissolving the Federal Inland Revenue Service (FIRS) and establishing a new...

FIRS Scrapped as Tinubu Signs Landmark Tax Reform Bills to Modernize Fiscal System   In a major milestone for Nigeria’s economic reform agenda, President Bola Ahmed Tinubu on Thursday signed into law four transformative tax reform bills aimed at overhauling the country’s fiscal and revenue administration...

Tax Reforms Not Just About Revenue, Says Presidential Aide   The tax reforms driven by President Bola Tinubu are focused on empowering, supporting and building a better economic future for young Nigerians to thrive, the Senior Special Assistant to the President on Citizenship and Leadership, Ms...

FIRS, RMAFC Form Committee to Enhance Tax Compliance    The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have inaugurated a joint technical committee to strengthen tax revenue monitoring and boost fiscal sustainability across Nigeria’s three tiers of government. The inauguration...

'Tax Reform Bill Will Reshape Economy'   The President of the Chartered Institute of Taxation of Nigeria ( CITN) Mr Samuel Agbeluyi, has said that the recently drafted tax reform bill, now awaiting final assent from the National Assembly, has the power to transform Nigeria’s economic...

Tax-Exempted Firms Inject N2.53tn into Nigerian Economy - FG   The Federal Government has revealed that the 107 companies which it granted tax exemptions collectively invested N2.53tn into the Nigerian economy before securing approvals. The companies committed to investing a substantial amount across various critical sectors of...