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Reading: FIRS: Reforms Reshaped Tax Ecosystem, Says Adedeji
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Business

FIRS: Reforms Reshaped Tax Ecosystem, Says Adedeji

Ogungbayi Feyisola Faesol
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Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
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Published: 2025/10/28
2 Min Read
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The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has said that recent tax reforms have significantly transformed Nigeria’s tax landscape through amendments to major fiscal laws and the introduction of new regulatory mechanisms.

Adedeji stated this in a goodwill message delivered at a training workshop for Justices of the Supreme Court, Court of Appeal, and Judges of the Federal High Court on new tax laws.

He explained that the reforms, which include the Finance Acts, the Petroleum Industry Act, and other subsidiary legislations, introduced new compliance obligations, dispute resolution frameworks, and enforcement provisions that require sound judicial interpretation for proper implementation.

Adedeji commended the judiciary for its role in clarifying tax ambiguities and strengthening the system’s credibility. He noted that judicial decisions have enhanced fairness, predictability, and confidence in tax administration.

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He said the judiciary remains central in maintaining the balance between the authority of tax regulators and the rights of taxpayers, adding that the speed and consistency of judicial rulings directly influence voluntary compliance and revenue mobilisation.

“The efficiency of our tax system is tied to timely and consistent judicial decisions. Quick and principled resolutions of disputes foster compliance and investor confidence,” Adedeji said.

He stressed that continuous judicial education on emerging global tax trends, especially in digitalisation and cross-border trade, is vital to aligning local rulings with international best practices.

Adedeji reaffirmed FIRS’ commitment to supporting the judiciary through training, technical resources, and collaboration. He described a strong, informed judiciary as essential to an effective tax administration system.

He also commended the National Judicial Institute (NJI) for organising the capacity-building workshop, expressing confidence that the engagement would deepen understanding and improve judicial outcomes on tax matters.

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TAGGED:FIRSTax ReformsZacch Adedeji
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