Nigeria’s VAT reforms will generate over N4 trillion yearly for states, strengthening fiscal federalism and promoting accountability through digital tax collection.
FIRS
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FIRS tax collection growth reached N47.39 trillion, marking Nigeria’s strongest fiscal performance through reform-driven and digitalised tax systems.
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FIRS has unveiled its strategic approach to reaching N25.2 trillion in revenue during 2025.
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Nigeria’s new withholding tax regime exempts farmers and small businesses, offering financial relief and promoting economic growth.