Nigeria Revenue Service commissions new headquarters, hails Tinubu’s fiscal reforms

The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, connected Tuesday presided implicit the commissioning of the agency’s caller office successful Abuja, describing it arsenic a awesome of sweeping fiscal reforms nether President Bola Ahmed Tinubu.

Speaking astatine the ceremony, Adedeji said the task represents much than conscionable a carnal structure, but a culmination of years of vision, discipline, and coordinated betterment efforts aimed astatine repositioning Nigeria’s fiscal architecture.

He noted that the Tinubu medication inherited a fragile economical situation marked by constricted fiscal space, anemic capitalist confidence, and structural distortions, but responded with what helium described arsenic a “comprehensive reset” of the nation’s economical framework.

According to him, cardinal reforms—including the unification of overseas speech markets, clearance of fiscal backlogs, and improved transparency—have helped reconstruct macroeconomic credibility and capitalist confidence.

Adedeji besides highlighted important taxation reforms, noting that implicit 60 fragmented taxation laws had been streamlined into a much coherent strategy to heighten compliance, efficiency, and predictability, without needfully expanding taxation burdens.

He added that improvements successful remittance systems, tighter fiscal controls, and the instauration of the National Single ...