Tag: Nigeria Revenue Service

  • N’Assembly opens tax-acts paperwork to the public as “gazette mismatch” row grows

    N’Assembly opens tax-acts paperwork to the public as “gazette mismatch” row grows

    2026-01-02 06:00:00
    According to Punch, Nigeria’s National Assembly says it will publish the Votes and Proceedings from both chambers alongside the gazetted versions of the new Tax Acts, after allegations that the text in circulation differs from what lawmakers passed.

    The House leadership says the clerk will also make available the transmitted tax bills signed by the president, including the certificate pages, as part of an effort to calm the controversy and restore confidence in the documentation trail.

    Lawmakers have already constituted an ad hoc committee to review the alleged inconsistencies and report back, with officials framing the move as a transparency step rather than a reversal of the reforms.

    Premium Times reports the legislature is “promising to make available certified copies of the bills signed” to address public concerns, noting the Assembly’s directive to release those documents. Reuters, meanwhile, says the dispute centres on “discrepancies between the gazetted text and the version passed by lawmakers,” as the reforms move into implementation.

    Echotitbits take: This is a rare “open-the-files” moment for Nigeria’s legislature. If the certified versions don’t match what businesses are already pricing into contracts and tax planning, expect urgent circulars, re-gazetting, and possible legal challenges. Watch the ad hoc committee’s report and any guidance from FIRS/Nigeria Revenue Service on transitional enforcement.

    Source: The Punch — January 2, 2026 (https://punchng.com/nassembly-invites-public-to-scrutinise-tax-laws/)
    The Punch 2026-01-02

    Photo Credit: The Punch

  • Nigeria’s revenue agency rebrands as Nigeria Revenue Service, unveils new logo

    Nigeria’s revenue agency rebrands as Nigeria Revenue Service, unveils new logo

    2026-01-01 07:05:00
    According to Punch, Nigeria’s former Federal Inland Revenue Service has formally transitioned to the Nigeria Revenue Service (NRS) and unveiled a new corporate identity as part of a wider revenue-administration overhaul.

    The agency’s leadership framed the change as more than a cosmetic update—positioning it as a unified, service-focused revenue authority aligned with Nigeria’s economic transformation agenda.

    The rollout is linked to the legal framework establishing the NRS, with expectations of improved efficiency, transparency and taxpayer-facing service upgrades.

    The Guardian Nigeria also described the rebrand as “an important milestone in the evolution of Nigeria’s revenue administration framework.”

    Leadership similarly reported the agency “unveils official logo” as it transmutes into the NRS.

    Echotitbits take:

    The real test isn’t branding—it’s delivery. Watch for clearer taxpayer guidance, faster dispute resolution, smarter digital enforcement, and proof that reforms expand the tax net without punishing already-compliant businesses.

    Source: The Punch — January 1, 2026 (https://punchng.com/nigeria-revenue-service-replaces-firs-unveils-new-logo/)

    The Punch 2026-01-01

    Photo Credit: The Punch

  • Reps set up committee to verify alleged changes in Nigeria’s gazetted tax laws

    Reps set up committee to verify alleged changes in Nigeria’s gazetted tax laws

    Photo Credit: The Punch

    2025-12-18 10:00:00

    In an update published by Vanguard, Nigeria’s House of Representatives has constituted a seven-member ad hoc committee to examine allegations that gazetted tax laws differ from versions passed by lawmakers.

    The House says the issue goes to legislative integrity and public confidence, since agencies and taxpayers rely on gazetted texts for implementation and compliance.

    Committee members are expected to review records including Votes and Proceedings, harmonised versions adopted by both chambers, and the gazetted copies now in circulation.

    Premium Times reported the House was reacting to claims the gazetted laws “did not reflect what the National Assembly debated and approved.” Vanguard quoted the lawmaker who raised the issue saying, “I was here, I gave my vote and it was counted, and I am seeing something completely different.”

    Echotitbits take:
    If the committee confirms discrepancies, expect calls for corrections before full implementation to avoid litigation and compliance confusion. Watch for the committee’s report, any official certified copies, and whether timelines for rollout shift.

    Source: Vanguard — December 18, 2025 (https://www.vanguardngr.com/2025/12/reps-constitute-committee-to-probe-alleged-alterations-in-tax-laws/)
    Vanguard 2025-12-18