The Federal Government has formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement as part of new regulations to implement Nigeria’s tax laws nationwide.
The announcement was made in Abuja by the Executive Secretary of the Joint Revenue Board, Olusegun Adesokan, during the signing of the Presumptive Tax Regulations and Guidelines on the Implementation of the Tax Laws at the Federal Ministry of Finance.
Adesokan explained that the new framework is intended to eliminate informal, coercive and fragmented tax practices, particularly at the subnational level. He said the regulations would promote transparency, fairness and accountability in tax administration, especially within the commerce and informal sectors.
According to him, the guidelines provide a uniform structure for subnational governments in taxing the commerce sector and integrating operators into the formal system through a Tax Identification platform, thereby strengthening compliance and broadening the revenue base.