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Nigeria rolls out digital tax system to fight graft and cut business costs
Photo: Businessday NG
2026-07-26 00:51   Economy   10

Nigeria rolls out digital tax system to fight graft and cut business costs

The Federal Government has announced plans to fully digitise Nigeria's tax administration as part of ongoing fiscal reforms.This move aims to reduce human discretion in tax processes, curb corruption, and improve transparency.

Olufemi Olarinde, head of Fiscal and Tax Reforms at the Nigeria Revenue Service, explained that digitisation will provide real-time visibility into tax obligations for both taxpayers and the government while eliminating inefficiencies from manual systems.

The reforms seek to ensure businesses only pay their fair share, avoiding situations where compliant companies bear extra burdens while others exploit loopholes.

Harmonising tax collection across federal, state, and local governments is also a key focus, as fragmented systems have increased compliance costs and eroded public trust.

The Tax Ombud Office has made progress in improving taxpayer services through technology-driven systems, but concerns remain about the independence of dispute resolution mechanisms.

Critics argue the current legal framework doesn't grant sufficient authority to resolve conflicts between taxpayers and revenue authorities effectively.

Full reading at Businessday NG

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