September 18, 2025

Stakeholder Collaboration Essential for Effective Implementation of Tax Reforms, Says FIRS Chairman

At a recent strategic engagement hosted by the Presidential Fiscal Policy and Tax Reforms Committee, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, emphasized that the successful implementation of Nigeria’s new tax laws will require strong collaboration across all levels of government and the private sector. Speaking in Abuja, Adedeji noted […]

Stakeholder Collaboration Essential for Effective Implementation of Tax Reforms, Says FIRS Chairman Read More »

Tax Advisory: Reinstatement of VAT & Duties in Nigeria’s Aviation Sector (Effective January 2026)

As part of the newly enacted Nigeria Tax Reform Acts (2025), the Federal Government will, effective January 1, 2026, reinstate Value Added Tax (VAT) and customs duties on: These changes reverse previous exemptions and are part of broader fiscal reforms aimed at increasing Nigeria’s tax-to-GDP ratio and consolidating tax administration under the new Nigeria Revenue

Tax Advisory: Reinstatement of VAT & Duties in Nigeria’s Aviation Sector (Effective January 2026) Read More »

Clarification on TIN Integration and Bank Account Access

The Federal Inland Revenue Service (FIRS) has confirmed that its newly implemented Tax Identification Number (TIN) framework is fully integrated with existing national databases, including the National Identification Number (NIN) for individuals and Corporate Affairs Commission (CAC) records for registered entities. Recent speculation on social media suggested that, beginning January 2026, Nigerians would be required

Clarification on TIN Integration and Bank Account Access Read More »

Scroll to Top
Loading...