Nigeria’s ongoing tax reforms have been widely mischaracterised as revenue tricks, mostly through epistemic closure and motivated reasoning, solely focusing on revenue figures, tax rates, and who pays what. A transparent, rules-based tax system reduces discretion, rent-seeking, and arbitrariness which are long-standing deterrents to investment in Nigeria. Perhaps, the most forward-looking aspect of the Tax Reform Acts is the emphasis on digitalisation and technology driven tax administration. Conclusion: A reform for the long termThe Tax Reform Acts are best understood as part of Nigeria’s long-term economic strategy. As earlier stated by President Tinubu, these tax reforms will be implemented with human face and full consideration of the Nigerian citizenry.

Source: The Guardian January 06, 2026 09:44 UTC