Nigeria Bans Cash Tax Collection and Roadblocks

The Federal Government of Nigeria has implemented new tax regulations that prohibit cash tax collection and outlaw roadblocks used for tax enforcement. This announcement was made by Olusegun Adesokan, the Executive Secretary of the Joint Revenue Board, during a formal signing of the presumptive tax regulatory guidelines in Abuja on Tuesday.

The new measures are part of a broader tax reform initiative approved by the government, which aims to standardize tax administration across the country. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, described the signing as a significant step following legislative approval.

The reforms, which include the establishment of the Nigeria Revenue Service and the Joint Revenue Board, are set to begin implementation on January 1, 2026. The new regulations aim to enhance transparency and fairness in tax administration, particularly for small businesses, and to address compliance gaps in the tax system.