Nigerian Government Reviews Revenue Agencies' Cost-of-Collection Structure for Enhanced Efficiency

The Nigerian government has commenced a comprehensive review of the cost-of-collection framework used by major revenue-generating agencies such as FIRS, NCS, and NUPRC. The aim is to improve transparency, efficiency, and accountability in public financial management.

The review targets the deduction of costs collected at the source to align with the government's fiscal reform objectives. The ongoing policy discussions, led by President Bola Ahmed Tinubu, emphasize the need to enhance value for money in government operations.