Nigeria Misses Tax Targets Despite Ongoing Reforms - Oyedele

Nigeria Misses Tax Targets Despite Ongoing Reforms – Oyedele

Nigeria is still falling significantly short of its statutory tax revenue targets despite the implementation of extensive fiscal adjustments. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed the ongoing deficit during a courtesy visit in Abuja on Thursday. The minister hosted the leadership of the Chartered Institute of Taxation of Nigeria…

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FG: Monthly Revenue Surges 411% as Tax Reforms Take Hold

FG: Monthly Revenue Surges 411% as Tax Reforms Take Hold

Monthly federal revenue has jumped from N711 billion in May 2023 to N3.635 trillion by September 2025, marking a 411.3 per cent increase under the current administration. Zacch Adedeji, Executive Chairman of the newly christened Nigeria Revenue Service (NRS), announced these figures during the inauguration of the agency’s 16-storey headquarters in Abuja. The growth reflects…

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