Close Menu
National Update
    Facebook X (Twitter) Instagram
    Trending
    • Katsina Youths Drive Nigeria’s Agricultural Future as Radda’s Reforms Attract Global Praise
    • Accolade Dynamics Celebrates Glamour and Excellence at Yellow Ball Honors and Awards 2025
    • A Monument Laid to Rest: Leaders Reflect on Chief Edwin Clark’s Enduring Legacy
    • Gunfire on the Water: Akwa Ibom Marine Police Disrupt Pirate Attack, Recover Weapons and Speedboat
    • Defence Minister Endorses Senate Security Summit, Calls for Action-Oriented Outcomes
    • Food Safety Centre Urges National Assembly to Ban GMOs in Nigeria
    • Peter Obi to African Youths: You Future Presidents, but First Deal with Corruption
    • Bamidele Felicitates Afenifere Leader at 99, Hails Him as Defender of Yoruba Interest
    • News
    • Politics
    • Opinion
    • Economy
    • Entertainment
    • Health
    • Security
    Facebook X (Twitter) Instagram
    National UpdateNational Update
    Subscribe
    Monday, May 12
    • News
    • Politics
    • Opinion
    • Economy
    • Entertainment
    • Health
    • Security
    National Update
    Home»Taxation

    FG Inaugurates Tax Appeal Commissioners to Strengthen Revenue Reforms

    National UpdateBy National UpdateFebruary 19, 2025 Taxation No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Federal Government has inaugurated 50 newly appointed Tax Appeal Commissioners, to reinforce its commitment to economic reforms and a fair tax system.
    Th move is to enhance tax administration and revenue generation.
    At the inauguration ceremony held at the Ministry of Finance Auditorium in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, emphasized the crucial role of the Tax Appeal Tribunal (TAT) in ensuring efficient tax dispute resolution, boosting investor confidence, and fostering a business-friendly environment.
    The Director of Information and Public Relations, Muhammed Manga quoted the Minister to have stated,
    “While tax avoidance remains legal, tax evasion must be curtailed to maintain trust in Nigeria’s tax system and fund national development,” Edun stated.

    The Minister also pointed to improving economic indicators, such as stabilizing inflation, declining food prices, and rising oil production, as signs that President Bola Ahmed Tinubu’s Renewed Hope Agenda is delivering results.

    The Minister of State for Finance, Dr. Doris Uzoka-Anite, highlighted the tribunal’s role in balancing government revenue needs with protecting taxpayers’ rights, urging the commissioners to apply their expertise to strengthen the tax system.

    In response, TAT Commissioner/Chairman Mr. Aderibigbe Adedeji assured the government of the commissioners’ commitment to delivering justice in tax matters, thanking President Tinubu for the opportunity to serve.

    The inauguration, backed by the Federal Inland Revenue Service (FIRS) Establishment Act 2007, marked another major step in Nigeria’s tax reforms, aimed at boosting revenue for critical sectors like infrastructure, healthcare, and education.

    With this move, the FG is reinforcing the foundation for a more transparent, efficient, and investor-friendly tax system, essential for Nigeria’s long-term economic transformation.

    National Update

    Keep Reading

    Tax Reform Bills: Expert Warns of Major Shift in Revenue Allocation

    Wale Edun Canvasses for key Tax Reforms to drive Economic Growth

    FG Debunks Speculation on VAT Increase, Assures Public of Fiscal Stability

    FIRS deploys technology to capture market traders to expand VAT collection

    JIRS chair accuses revenue collection agencies of sabotaging tax collection in JIgawa

    FCT-IRS moves to boost revenue by priortising institutional framework

    Add A Comment
    Leave A Reply Cancel Reply

    Most Viewed Posts
    • Tinubu names El-Rufai, Tope Fasua, others in New appointments (1,351)
      President Bola Tinubu has named 18 Special Advisers and Senior Special Assistants in New appointments to help execute the Federal Government’s agenda across various sectors of the economy. The Director of Information at the Office of the Vice President, Olusola Abiola gave the indication in a statement released on MondayThe team, which comprises 6 Special
    • Police nabs Killer of Varsity Lecturer in Niger (1,035)
      The Niger state Police Command has apprehended a 14 year old girl, Joy Afekafe 'of Gbeganu community in Minna, the state capital as a prime suspect over the gruesome murder of a Lecturer with the Federal University of Technology (FUT) Minna, Professor Mrs. Funmilola AdefolaluThe late  Prof. Mrs. Funmilola Adefolalu, was murdered at her residence
    • FCT-IRS tells socialite Aisha Achimugu not to forget to file her annual returns (975)
      ***As the Service extends its warmest birthday wishes to her The FCT-Internal Revenue Service has reacted to the news of an Abuja based business Nigerian Lady Aisha Achimugu who recently set Genada aglow with 7-day 50th birthday party reminding her of her tax obligations to FCT-IRS. Achimugu is the founder and managing director of Abuja’s
    • Sule Lamido tackles Tinubu over Democracy Day speech, says its share Hallucination (853)
      Former Jigawa State Governor, Senator Dr. Sule Lamido has faulted the June 12, Democracy Day speech of president Bola Ahmed Tinubu describing it as mere hallucination Lamido on his X handle wrote with the title: “Hallucinating June 12, there was a June 11 before June 12”. Taking on Tinubu, Lamido said, “It is obvious the
    • ICAN bill suffers setback at Senate as stakeholders object to some sections (836)
      ***Warn against use of the ammendment to usurp mandates of other professions Stakeholders in the financial sector on Thursday raised objections to some sections of a bill for an Act to amend the Institute of Chartered Accountants of Nigeria (ICAN), Act No. 15 of 1965 and for other matters connected thereto. At a public hearing

    Latest News

    Katsina Youths Drive Nigeria’s Agricultural Future as Radda’s Reforms Attract Global Praise

    May 12, 2025

    Accolade Dynamics Celebrates Glamour and Excellence at Yellow Ball Honors and Awards 2025

    May 12, 2025

    A Monument Laid to Rest: Leaders Reflect on Chief Edwin Clark’s Enduring Legacy

    May 12, 2025

    Gunfire on the Water: Akwa Ibom Marine Police Disrupt Pirate Attack, Recover Weapons and Speedboat

    May 12, 2025

    Defence Minister Endorses Senate Security Summit, Calls for Action-Oriented Outcomes

    May 12, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    National Update
    Facebook X (Twitter) Instagram
    © 2025 National Update. Designed by Lamark Cre8ives.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version