JRB Implements Tax Reforms to Aid Nigerian Traders

On October 28, 2026, the Joint Revenue Board (JRB) announced that 21 states in Nigeria have passed harmonized tax legislation designed to alleviate the burden of multiple taxation and illegal revenue collections faced by traders, transport operators, and manufacturers. JRB Executive Secretary Olusegun Adesokan stated that the legislation aims to eliminate overlapping levies and unauthorized collections, thereby promoting transparency and simplifying revenue administration.

The framework consolidates over 100 subnational taxes into nine approved categories, including income tax and property tax. The legislation also prohibits unauthorized cash collections and the establishment of tax roadblocks, with legal consequences for violators.

To enforce these measures, the JRB is collaborating with the police and state revenue authorities to create a national task force targeting illegal revenue collectors. While the legislation is a significant step, the JRB acknowledged that it does not automatically eliminate illegal collections.

Additionally, the reforms provide personal income tax relief for eligible salary earners, potentially increasing monthly take-home pay for individuals earning N20 million annually.