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Ekiti State Makes History by Domesticating Nigeria Tax Administration Act

Business1 min read
Ekiti State Makes History by Domesticating Nigeria Tax Administration Act

Ekiti State has made history by being the first subnational entity in Nigeria to domesticate the Nigeria Tax Administration Act, in line with national fiscal reforms. Governor Biodun Oyebanji signed the Ekiti State Revenue Administration Law 2025, replacing the outdated Ekiti State Board of Internal Revenue Law 2019.

The move aims to modernize tax collection systems and enhance efficiency. The newly signed N415.57 billion budget reflects a balanced approach, prioritizing ongoing projects and infrastructure development.

High-ranking officials attended the signing ceremony, emphasizing the state's commitment to professionalizing its revenue landscape.

Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.

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