FIRS says Nigerians will use their NIN as Tax ID from 2026, while businesses will adopt CAC numbers, under the Nigeria Tax Administration Act.
The TIN-for-bank-accounts policy, while well-intentioned, risks undermining financial inclusion, triggering economic instability, and imposing unnecessary burdens on millions who are not tax evaders but survival-based earners.
A country cannot modernize its tax system while leaving its revenue gateways in the shadows. Nigerians want answers. They want openness. And they want assurance that...
Former Vice President Atiku Abubakar condemns the FIRS appointment of Xpress Payments as a TSA collecting agent, calling it a revival of the Alpha Beta-style “revenue...
Also speaking, Coordinating Director of the Large Taxpayers Group at FIRS, Amina Ado, identified automation, introduction of TaxProMax, the use of third-party data for intelligence, expanded...
That said, resistance to reforms can rear its ugly head in many ways, ranging from institutional inertia, public apathy and opposition from vested interests to disinformation,...
The announcement coincided with the celebration of the successes of the Support Programme for Tax Transition in West Africa (PATF), an initiative funded by the European...
“We used to have functional types of taxes, but we have identified that the only customers we have are the taxpayers. We have improved the way...
“FIRS appreciates all taxpayers who have been diligent in complying with their tax obligations as and when due, while seeking their continued support and cooperation for...
The President thereafter wrote to the Senate for expeditious consideration of the confirmation of Zak’s appointment. Tinubu thereafter wrote to the Senate President Senator Godswill Akpabio...