Nigerians have expressed optimism following the Federal Inland Revenue Service’s (FIRS) announcement that it will officially launch the Nigeria Tax Reform Acts on Monday, November 10, 2025, during a high-level stakeholder session themed “Impact of the New Tax Laws.”
The event represents a major milestone in the Federal Government’s ongoing efforts to create a fairer, simpler, and more transparent tax system that encourages compliance, investment, and sustainable national growth.
According to FIRS, the session will bring together top policymakers, tax experts, civil society representatives, and private sector leaders to discuss how the new laws will transform Nigeria’s fiscal landscape.
Confirmed speakers include Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms; Ifueko Omoigui-Okauru, former FIRS Chair; Matthew Gbonjubola, Coordinating Director at FIRS; and Tayo Koleoso, Chief of Staff.
FIRS Director of Taxpayer Services, Dr. Lovette Ononuga, noted that the engagement aims to deepen public understanding of the new laws and foster collaboration for smooth implementation. She emphasized that the reforms will eliminate multiple taxation, simplify compliance procedures, and enhance transparency, easing the tax burden for both individuals and businesses.
“The new Acts are designed to build trust between taxpayers and government, modernize our processes, and promote accountability,” Dr. Ononuga stated.
FIRS expressed confidence that the reforms will strengthen Nigeria’s revenue system, attract more investors, and support inclusive economic development across all sectors.
