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NRS Enhances Tax Compliance One Year Post-Reforms

NRS Enhances Tax Compliance One Year Post-Reforms

The Nigeria Revenue Service (NRS) is focusing on strengthening voluntary tax compliance one year after the implementation of Nigeria's landmark tax reforms. During the inaugural National Tax Awareness Day held in June 2026, the NRS reaffirmed its commitment to taxpayer education as a critical component for building a sustainable revenue system.

The event, themed "Tax Awareness for National Growth," featured various activities aimed at promoting taxpayer education and encouraging compliance. President Bola Tinubu's administration signed four comprehensive tax reform bills into law in June 2025, modernizing the country's tax system.

The NRS set an ambitious revenue target of N40.7 trillion for 2026, aiming to enhance non-oil revenue collection and tighten enforcement. Key figures at the event included Innoc Ohagwa, the President of the Chartered Institute of Taxation of Nigeria, and Moham Abubakar, Executive Director of Finance at NRS, who praised the ongoing reforms and the introduction of technology-driven initiatives to improve service delivery.

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

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