Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

The Federal Inland Revenue Service (FIRS) and the Nigerian Governors’ Forum (NGF) have joined forces to enhance policy harmonisation and capacity building across Nigeria’s 36 states. This partnership aims to improve coordination, foster an investment-friendly environment, and boost revenue and economic growth.

For further information, read more details here

According to Collins Omokaro, Special Adviser on Communications & Advocacy, “A well-structured revenue system at the state level is essential to reducing over-reliance on federal allocations and strengthening internally generated revenue (IGR).” This renewed collaboration highlights the critical role of subnational governments in achieving financial autonomy and economic resilience.

Key milestones have already been achieved through this collaboration, including the institutionalization of the Taxpayer Identification Number (TIN), which has enhanced transparency and accountability in tax administration. The NGF has also advanced critical Fiscal and Tax Reform Bills, demonstrating subnational governments’ commitment to strengthening economic governance.

Executive Chairman of FIRS, Dr. Zacch Adedeji, has provided pivotal leadership in fostering collaboration with state governments. His vision emphasises a tax system that promotes economic diversification, business competitiveness, and national prosperity. By advocating tax simplification, digitalisation, and stakeholder engagement, FIRS aims to create a more efficient and equitable tax structure.

Omokaro noted, “We need a system that harmonises policies across states, strengthens IGR, and integrates digital tax administration for seamless compliance. A thriving private sector, job creation, and long-term economic sustainability are key indicators of success in this reform agenda.”

With a clear roadmap in place, state governments’ commitment remains vital to achieving a sustainable and inclusive economic future. As FIRS and NGF continue their collaboration, Omokaro emphasised that states must prioritise tax transparency, policy reforms, and revenue optimisation.

“This partnership goes beyond taxation—it is about leveraging taxation as a tool for national development and shared prosperity,” Omokaro added. Through this collaboration, stakeholders can build a robust tax system that fosters growth, strengthens state economies, and secures long-term financial stability for the nation

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.