The Nigeria Revenue Service (NRS) has set a target of ₦40 trillion in tax revenue for 2026, stressing the importance of collaboration with states to achieve the goal.
The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has launched a unified Taxpayer Identification (Tax ID) system for all taxable persons in Nigeria.
NRS Raises Alarm Over Illicit Capital Outflows, Recovers N80bnÂ
The Nigeria Revenue Service (NRS) has stated that it recovered over N80bn from illicit financial flows within a three- to five-year window. It urged private sector operators to strengthen due diligence and help curb capital flight.
The...
President Bola Tinubu, on Tuesday in Abuja, said colonial-era tax laws impoverished Nigerians through fragmentation, multiplicity, and inconsistencies, and assured that the new reforms will deliver greater prosperity and inclusivity.Â
President Bola Tinubu says his administration’s economic reforms are designed to confront structural weaknesses, restore fairness, and rebuild confidence in public institutions. Â
