FIRS is Set to Unveil New Tax Reform Acts on November 10

The Federal Inland Revenue Service (FIRS) will officially unveil the Nigeria Tax Reform Acts on Monday, November 10, 2025, during a high-level stakeholder engagement themed “Impact of the New Tax Laws.”

The event, which marks a significant milestone in Nigeria’s fiscal reform drive, aims to promote a simpler, fairer, and more efficient tax system that boosts compliance, attracts investment, and supports sustainable economic growth.

According to FIRS, the engagement would bring together top government officials, policy experts, development partners, and private sector representatives to discuss the operational framework and broader implications of the newly enacted tax laws.

Key presentations will be delivered by Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms; Mrs. Ifueko Omoigui-Okauru, former FIRS Executive Chairman; Mr. Matthew Gbonjubola, FIRS Coordinating Director; and Mr. Tayo Koleoso, Chief of Staff to the FIRS Executive Chairman.

A panel discussion will feature Mrs. Amina Ado, Mr. Kabir Abba, Mr. Matthew Gbonjubola, Mr. Michael Ango (Executive Chairman, FCT-IRS), and Mr. Olumide Esan (Partner, Deloitte).

Speaking ahead of the event, Dr. Lovette Ononuga, Director of Taxpayer Services at FIRS, said the engagement would enhance public understanding of the reforms and foster collaboration among stakeholders to ensure smooth implementation.

“This session offers a vital opportunity to clarify how the new tax framework will function and its impact on businesses, revenue generation, and national development,” she stated.

Attendance at the Abuja event will be strictly by invitation, though provisions have been made for virtual participation via YouTube and Zoom. Access links will be shared through FIRS’ official platforms two days before the event.

The unveiling of the Tax Reform Acts represents a key step in the Federal Government’s efforts to modernize tax administration, close compliance gaps, and strengthen Nigeria’s fiscal sustainability.