The Nigeria Revenue Service (Establishment) Act, 2025

The Nigeria Revenue Service (Establishment) Act, 2025 (the Act) has rebranded the Federal Inland Revenue Service (FIRS) as the Nigeria Revenue Service (NRS or the Service) as a centralised body for tax administration in Nigeria. The change is driven by the need to recognise the fact that the NRS collects revenue for the Federation and not just the Federal Government.

The primary objective of the Act is to enhance tax compliance, improve revenue generation, and streamline tax administration to minimise leakages and inefficiencies. The NRS will be responsible for assessing, collecting, and accounting for revenue accruable to the Federal Government of Nigeria, among other related functions.

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