Revenue board urges states to align with new tax regime
Naija News • 4d ago
The Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, has urged state governments to align their tax laws with the new national tax regime, describing subnational cooperation as critical to the success of ongoing fiscal reforms.
Adesokan said, “While national laws provide direction, true transformation requires alignment at state and local levels, where a significant portion of tax administration occurs,” stressing that the full benefits of the new tax framework would only materialise if states domesticate and implement its core principles.
In a statement he issued on Wednesday, Adesokan said Nigeria was undertaking one of the most comprehensive fiscal reform efforts in its history, anchored on four new tax laws signed under President Bola Ahmed Tinubu’s administratio...