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Adedeji explained that Nigeria’s new tax laws mark a shift away from colonial relics, citing the now-outdated Stamp Duties Act of 1939 as an example of reforms needed to meet modern realities.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.
Governor Abba Kabir Yusuf has justified the nomination and confirmation of Murtala Sule Garo as…
The President Donald Trump administration is set to introduce a limited-edition United States passport bearing…
Troops of the Joint Task Force (North East), Operation HADIN KAI, have intensified offensive operations…
A superyacht owned by Russian billionaire Alexey Mordashov has been allowed to transit the blockaded…
World governing body FIFA announced on Tuesday that players who cover their mouths during confrontations…
Gunmen have attacked a Christ Apostolic Church (CAC) at Eda Oniyo-Ekiti in Ekiti State, killing…
This website uses cookies.