Categories: News

ATAF endorses Nigeria’s tax reforms, pledges technical support

The African Tax Administration Forum (ATAF) has endorsed Nigeria’s recent tax reforms, describing them as crucial for economic growth and pledging technical support to ensure their success.

ATAF’s Executive Secretary, Ms. Mary Baine, gave the assurance during a courtesy visit to the chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, in Abuja on Tuesday.

She commended Nigeria’s fiscal reforms, noting that the country’s focus on people, technology, and data aligns with ATAF’s vision for strengthening tax systems across the continent.

Baine also cited ATAF’s past support for Zambia in boosting mining revenue and promised similar capacity-building assistance for Nigeria.

“We see the things you are doing, the reforms you’ve undertaken, and the speed of progress.

“ATAF stands with you and is ready to provide whatever support will ensure success,” Baine said.

Responding, FIRS chairman Zacch Adedeji stressed the need for African countries to seek homegrown solutions rather than relying on foreign aid.

“My belief has always been that solutions to Africa’s challenges can only come from Africa.

“There is no free lunch anywhere. Africa must be on the table, not on the menu,” he said.

Adedeji explained that Nigeria’s new tax laws mark a shift away from colonial relics, citing the now-outdated Stamp Duties Act of 1939 as an example of reforms needed to meet modern realities.

Both leaders agreed on the need for stronger continental cooperation in tax policy and administration to safeguard Africa’s fiscal future.

LUKMAN ABDULMALIK

Recent Posts

Police release Osun SSG after detention

The Osun State Police Command has released the Secretary to the State Government, Teslim Igbalaiye,…

16 minutes ago

Kano provides transport, escorts for returning exchange students

The Kano State Government has deployed dedicated vehicles and official escorts to return students participating…

27 minutes ago

Doctor shortage: NUC recognises Jigawa medical varsity as 70th state university

The National Universities Commission has formally recognised the Jigawa State University of Medical and Allied…

37 minutes ago

LPDC suspends SAN Gadzama for three years over client poaching

The Legal Practitioners Disciplinary Committee has suspended Senior Advocate of Nigeria, Joe-Kyari Gadzama, from legal…

44 minutes ago

Seplat sells 10% NNPC joint venture stake for $281.6m

Seplat Energy Plc has agreed to sell a 10 per cent participating interest in its…

55 minutes ago

Military deployment should be exceptional during elections — INEC

The Independent National Electoral Commission has said the deployment of the Armed Forces during elections…

1 hour ago

This website uses cookies.