Nigeria's President, Bola Ahmed Tinubu
-SEB EDITORIAL-
Nigeria’s
Tax Reform: A New Dawn or Another Mirage?
The
official gazetting of Nigeria’s new tax reform laws marks a pivotal moment in
the country’s economic narrative.
For decades, Nigeria has grappled with a convoluted tax system, a narrow revenue base, and a tax-to-GDP ratio that lags behind continental peers. Now, with the publication of four consolidated laws, the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service (Establishment) Act, and the Joint Revenue Board (Establishment) Act, the Tinubu administration is signaling its intent to rewrite the fiscal playbook.