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Emma Okonji
Sufficient is Sufficient (EiE) Nigeria has known as on the federal authorities to pause the implementation of Nigeria’s newly enacted tax reform legal guidelines, scheduled to begin on January 1, 2026, till crucial governance, transparency, and public belief considerations are addressed.
In accordance EiE Nigeria, Public belief in Nigeria’s tax system stays fragile, formed by long-standing considerations about transparency, accountability, and using public funds.
Deputy Government Director, Packages, EiE) Nigeria, Ufuoma Nnamdi-Udeh, mentioned: “Continuing with implementation with out resolving these points dangers delegitimising the reforms at inception, weakening voluntary compliance, growing public resistance and litigation, and additional eroding confidence in public establishments.
“Tax reform can’t succeed on pace and enforcement alone. With out transparency, authorized certainty, and public understanding, these reforms threat failing at inception by eroding the belief that compliance will depend on.
“Accordingly, the organisation has outlined the next governance safeguards as preconditions for implementation: The precise variations of the tax payments handed by the Nationwide Meeting and assented to by the President have to be made publicly out there. The place discrepancies exist between handed payments and gazetted Acts, these have to be absolutely disclosed and lawfully corrected. It additionally outlined that an in impartial investigation needs to be performed to ascertain accountability for any illegal alterations to the tax legal guidelines after legislative passage, and safeguards needs to be put in place to forestall recurrence; and that the MoU between FIRS and the French Authorities needs to be proactively disclosed to the general public, in keeping with transparency and information safety finest practices, amongst others.”
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