FIRS Set To Launch Nigeria Tax Reform Acts On November 10
As Nigeria strives to strengthen its fiscal foundation and boost revenue generation, a new era of tax administration is set to unfold, one that promises efficiency, transparency, and accountability in public finance management.
The Federal Inland Revenue Service (FIRS) says it plans to officially launch the Nigeria Tax Reform Acts on Monday, 10th November 2025, marking a major milestone in the country’s ongoing efforts to modernise its tax system and improve revenue collection.
According to the Service, the reforms are designed to simplify tax compliance, expand the tax net, and ensure fairer contributions from individuals and corporate entities.
The initiative aligns with the Federal Government’s broader fiscal agenda to strengthen non-oil revenue and foster economic growth through improved taxation efficiency.
FIRS said the launch will bring together key stakeholders from government, the private sector, and international development partners to discuss the implementation framework and its expected impact on businesses and citizens.
Experts have hailed the forthcoming reform as a step toward enhancing Nigeria’s competitiveness and aligning the country’s tax laws with global best practices.
The Service assured taxpayers that the new framework would promote transparency and reduce bottlenecks in tax administration, encouraging voluntary compliance and building greater public trust in the system.
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