Home » Politics » FG Announces Mandatory Tax ID For All Nigerians

FG Announces Mandatory Tax ID For All Nigerians

Bola Tinubu and Kashim Shettima

Bola Tinubu and Kashim Shettima

The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has introduced a new Taxpayer Identification (Tax ID) system for all taxable persons in the country. This is part of its efforts to modernise tax administration and improve compliance, and Nigerians have been reacting.

According to the NRS, the initiative is backed by Sections 6, 7, and 8 of the Nigeria Tax Administration Act, 2025, which mandates every taxable person to obtain a Tax ID.

The agency added that the new system is aimed at strengthening tax administration, improving transparency and streamlining service delivery across federal and sub-national tax authorities.

It read, “The Tax ID will serve as a single, unified identity for all taxpayers, enabling seamless interaction with tax authorities at both federal and sub-national levels.

It is designed to consolidate taxpayer records, eliminate duplication, and ensure more efficient management of tax-related information.

The initiative will simplify tax compliance processes, including registration, tax filing, and payment procedures.

The system will improve transparency by enabling better visibility and tracking of taxpayer records while reducing leakages and improving accountability in tax collection.

The framework will also harmonise taxpayer information across all levels of government.”

WOW.

NaijaVibe

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