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RMAFC Convenes National Stakeholders’ Discourse To Drive Effective Implementation of Tax ACT 2025

Published

1 day ago

December 15, 2025

Joel Ajayi
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has organised a 2-Day National Stakeholders’ Discourse on “Enhancing Fiscal Efficiency and Revenue Growth under the Nigeria Tax Act, 2025”, bringing together key government institutions, regulators, the private sector and development partners to strengthen collaboration and align strategies for the effective implementation of Nigeria’s new tax framework.

The discourse held at the Abuja Continental Hotel is scheduled to last from Monday, 13th to Tuesday, 14th December 2025.

Declaring the occassion open, the Chairman, RMAFC, Dr. Mohammed Bello Shehu OFR described the engagement as both timely and necessary, considering the fact that the Nigeria Tax Act, 2025, will come into force on 1 January 2026.

“One critical but necessary fiscal matter that has elicited and continues to attract public discourse is the Nigeria Tax Act, 2025, which will come into effect on 1st January 2026,” the Chairman said . He explained that the Act followed extensive consultations and reforms by the Federal Government and represents a major step towards strengthening Nigeria’s fiscal architecture.

According to him, “the Nigeria Tax Act, 2025 has harmonised previously fragmented tax laws, reduced duplication and obsolete provisions, and enhanced the ease of doing business.”

He further stated that the Commission convened the Discourse in line with its constitutional mandate, stressing that “Paragraph 32(c) of Part I of the Third Schedule of the 1999 Constitution mandates the Commission to advise the Federal, State and Local Governments on fiscal efficiency and methods by which their revenue can be increased.”

Highlighting recent fiscal outcomes, the Chairman noted that, “The growth in Federation Account inflows reflects the impact of fiscal reforms, stronger audits, digital tracking and improved coordination among revenue agencies, which have expanded the revenue pool available for allocation to the three tiers of government.”

Delivering the Keynote Address, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee (PFTRC), Prof. Taiwo Oyedele described the Nigeria Tax Act, 2025 as a long-overdue but necessary reset of Nigeria’s tax system.

“This reform should have been done 20 years ago. The next best time is now.” Incremental fixing could no longer solve the problem; we needed a transformation.” He said.

Professor Oyedele explained that the reforms are designed to promote fairness, simplify compliance and support economic growth, noting that “we were taxing poverty and capital investments, and that is not the way to build a prosperous and inclusive economy.”

According to him, the new tax framework is structured to protect low-income earners, support small businesses, simplify multiple tax laws, and create a more predictable environment that restores investor confidence.

He stressed that the success of the reforms must translate into tangible benefits for citizens, stating that, “When we say the economy is improving, it must mean something to households and businesses; macro gains must translate into micro outcomes.”

In his Welcome Address, the Chairman, Fiscal Efficiency and Budget Committee, RMAFC, Ambassador Desmond Akawor, described the discourse as a defining moment in Nigeria’s fiscal journey.

“The choices we make today will shape the stability, sustainability and resilience of Nigeria’s public finances for many years to come,” he said.

He added that the Nigeria Tax Act, 2025 is aimed at modernising tax administration, strengthening compliance frameworks, closing revenue leakages, and expanding the revenue base across all tiers of government.

Goodwill messages at the opening ceremony reflected broad stakeholder alignment behind the reforms.

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, represented by the Deputy Governor, Mr. Philip Ikeazor said the reforms are designed to broaden the tax base, improve compliance and reduce dependence on oil revenues while strengthening transparency through modernised and digitalised tax administration.

The Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi who was represented at the occassion noted that the reforms signal a more equitable tax environment.

He said the measures are indicative of a fairer tax system where businesses can thrive while emphasizing the importance of inter-agency collaboration and technology-driven implementation.

The President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Engr. Jani Ibrahim, commended RMAFC for engaging the private sector, noting that “When tax policies are clear, predictable and business-friendly, enterprises are better positioned to invest, expand, create employment and contribute meaningfully to national revenue.”

From the industrial sector, the Permanent Secretary, Federal Ministry of Steel Development, Dr. Chris Osa Isokpunwu, described the Nigeria Tax Act, 2025 as a critical step towards modernising the tax system, strengthening compliance, reducing leakages, and promoting fairness and transparency. He highlighted the steel sector’s potential to expand Nigeria’s industrial tax base through value addition and increased production.

Speaking at the close of the opening ceremony, the Secretary to the Commission, Mr. Joseph Okechukwu Nwaze, emphasised the importance of sustained engagement beyond the Discourse, noting that the success of the Nigeria Tax Act, 2025 will depend on collective ownership, effective coordination and diligent implementation by all stakeholders across the three tiers of government.

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Over 50 CSOs Dismiss Corruption Allegations Against NMDPRA Boss Farouk Ahmed

Published

15 hours ago

December 16, 2025

The Gleamer

…Accuse Dangote of undermining regulatory independence

Over fifty Civil Society Organisations (CSOs) on Monday rose in strong defence of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, unanimously dismissing allegations of corruption levelled against him by Mr Aliko Dangote, Chairman of Dangote Industries Limited, as false, unfounded and unsupported by evidence.

The CSOs made their position known at a joint press conference in Abuja, where they described the allegations as a calculated attempt to discredit the leadership of the NMDPRA over its firm stance against monopolistic practices in Nigeria’s midstream and downstream petroleum sector.

Addressing journalists on behalf of the coalition, the Convener, Comrade Ibrahim Bello, who is also the National Coordinator of the Centre for Fiscal Transparency and Public Integrity (CFTPI), said the organisations had conducted internal reviews and assessments and found no basis whatsoever for the claims of corruption against the NMDPRA boss.

“Our findings clearly show that Mr Farouk Ahmed has not engaged in any corrupt practice. Rather, he has been repositioning the downstream sector to promote fairness, competition and efficiency, while ensuring that no single entity monopolises the industry to the detriment of Nigerians,” Bello stated.

He added that the leadership of the NMDPRA under Ahmed has remained faithful to the provisions of the Petroleum Industry Act (PIA), strengthening regulatory transparency and creating opportunities for more investors to participate in the sector.

The coalition specifically debunked claims attributed to Mr Dangote that the NMDPRA CEO allegedly paid five million United States dollars ($5 million) as school fees for his children in Switzerland, stressing that no proof or verifiable evidence had been provided to substantiate such assertions.

According to the CSOs, making such grave allegations in the media without recourse to due process poses a serious threat to Nigeria’s regulatory institutions and reform agenda.

Prominent members of the coalition who endorsed the position include Hajiya Fatima Sani, Executive Director of Citizens Watch for Good Governance (CWGG); Barrister Chukwudi Eze, Chairman of the Accountability and Democratic Values Initiative (ADVI); Dr Mrs Ngozi Okeke, President of the Nigerian Coalition Against Corruption and Waste (NCACW); and Pastor Emmanuel Adebayo, General Secretary of the Voice of Conscience Foundation (VOCF).

Others are Mr Tunde Ogunleye, National Convener of the Integrity Monitors Network (IMN); Ms Chioma Nwosu, Chairperson of Patriots for Transparent Procurement (PTP); Comrade Aisha Yusuf, National Secretary of the Civil Liberties and Anti-Corruption Movement (CLACOM); and Engr. Musa Abdullahi, Director of Programmes at the Due Process Advocacy Network (DPAN).

Also lending their voices were Prof. Grace Adeyemi, Board Chair of the National Alliance for Ethical Leadership (NAEL); Mr Segun Olawale, Spokesperson for the Citizens Coalition for Open Governance (CCOG); Barr. (Mrs.) Funmi Adewole, Legal Adviser to the Justice and Accountability Project (JAP); and Alhaji Usman Danladi, Northern Coordinator of the Nigerian Integrity and Development Forum (NIDF).

Regional leaders present included Rev. Fr. Joseph Okon, South-South Zonal Chairman of the Public Funds Protection Movement (PFPM); Ms Bolanle Adeoti, Women Leader of Transparency and Responsibility Advocates (TRA); Elder Peter Okonkwo, South-East Coordinator of the Good Governance Monitors Assembly (GGMA); and Mallam Bello Yakubu, North-West Chairman of the Anti-Corruption Crusaders Network (ACCN), alongside representatives of several other organisations.

The CSOs argued that the sustained attacks on the NMDPRA leadership stem from its refusal to compromise regulatory standards or allow any company to dominate the petroleum downstream space.

“We believe these allegations are aimed at intimidating the regulator because of its insistence on fairness, competition and value for Nigerians,” the coalition said.

While reaffirming their commitment to transparency and accountability, the organisations urged individuals and corporate entities with genuine grievances to follow due process, rather than resorting to media trials.

They called on Nigerians to disregard the unproven allegations, urged stakeholders in the petroleum sector to respect regulatory institutions, and appealed to the Federal Government to continue supporting the independence and reform-driven leadership of the NMDPRA.

The coalition concluded by reaffirming its full confidence in Mr Farouk Ahmed, describing him as a regulator whose actions have strengthened credibility, boosted stakeholder confidence and safeguarded the national interest in Nigeria’s midstream and downstream petroleum industry.

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