New Era for Taxation: FIRS Becomes Nigerian Revenue Service
[NigerianEye - Nigeria] - 26/06/2025
President Bola Tinubu has signed four landmark tax reform bills into law, transforming the Federal Inland Revenue Service (FIRS) into the Nigeria Revenue Service (NRS). This change was announced on Thursday, by the FIRS Executive Chairman, Zacch Adedeji. The new reform aims to enhance revenue generation, increase efficiency, and streamline tax administration.Addressing State House Correspondents, he explained, “Based on best practices globally, because when you have this kind of change, it takes time for all the stakeholders, participant operators, and even the regulator to change the (…)
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