<< Back             Poser >> Tax reforms key to sustaining Nigeria’s economic resilience, says FIRS boss Business President Bola Tinubu’s bold tax reform initiatives are central to Nigeria’s strategy for economic resilience, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, has said. He made the statement during the maiden Distinguished Lecture Series at the University of Ilesa, Osun State. Addressing academics, policymakers, students, and industry leaders at the event hosted by the Vice Chancellor, Prof. Taiwo Olufemi Asaolu, Adedeji said Nigeria’s revenue challenges were not a crisis but an opportunity to implement urgent reforms. In the lecture, titled ‘Economic Resilience in an Era of Dwindling Revenue’, he highlighmeted the global pressures on public finances, including digital disruption, rising debt, climate challenges and overlapping economic shocks. He argued that Nigeria’s path forward must combine stronger institutions, diversified revenue streams, and a modernised tax framework. Adedeji outlined four pillars for building a resilient economy to include fiscal flexibility, policy coherence, institutional strength and human capital adaptability. Related News FG begins NSW user acceptance testing ahead of March 2026 takeoff Dangote Cement retains top tax-paying company award Ebonyi ranks lowest in 2025 FAAC payouts He emphasised that growing non-oil revenue, deepening tax reforms and strategic investment in skills development are crucial to keeping pace with global economic trends. He provided insight into President Bola Tinubu’s renewed hope agenda in the ongoing FIRS reforms, automation of tax processes, expansion of TaxPro Max, improved taxpayer identification and partnerships with state governments to reduce fragmentation. According to him, the measures are designed to enhance efficiency, transparency and compliance. Adedeji urged Nigerian universities to engage actively in the country’s national economic strategy, advocating for collaboration with the government to develop evidence-based models for digital taxation, revenue mobilisation and economic diversification. He described higher institutions as potential engines of innovation capable of supporting policy development and national competitiveness. Channels TV	Naira depreciates to N1,362/$ in parallel market The Naira yesterday depreciated to N1,362 per dollar from N1,357 in the parallel market on Monday. West Africa must modernise agriculture for food security – Experts Experts have called for the urgent modernisation of agriculture across West Africa, stressing the need to move beyond increased production and focus on transforming agricultural value chains to ensure food security and improved nutrition amid growing climate and population pressures. Climate change threatens Nigeria’s food systems as farmers count losses ….experts call for urgent, sustainable measures to mitigate impacts By Gabriel Ewepu ABUJA — Nigeria’s food system is facing growing threats from climate change as erratic rainfall, prolonged dry spells, flooding, rising temperatures, pests and diseases disrupt farming activities, slash yields and leave farmers counting losses running into billions of Naira. The situation, according to […] World Bank: Fuel price to slow Nigeria’s poverty reduction •Says rising pre-election spending may derail reforms •Raises Nigeria’s 2026 growth forecast to 4.3% •Projects 15.7% inflation rate for 2026 •44% of firms in Nigeria, Kenya adopt AI, power constraints threaten gains By Babajide Komolafe, Economy Editor The World Bank has warned that elevated fuel prices could slow Nigeria’s poverty reduction efforts despite an expected […] Government releases GH¢9.1b covering six quarters of DACF to MMDAs – Ayariga Mr Mahama Ayariga, the Minister of Local Government, Chieftaincy and Religious Affairs, has announced government's release of GH¢9.1 billion, covering six quarters of the District Assemblies Common Fund (DACF) to Metropolitan, Municipal, and District Assemblies (MMDAs) nationwide. Cedi was worst African currency in quarter 2, 2026 – World Bank According to the World Bank, the escalation of the conflict in the Middle East initially exerted broad-based pressure on African currencies.