…their taxes would work,” he said. Amaeshi argued that efforts by government to increase tax revenues would remain limited unless citizens were convinced that their contributions were being used responsibly. He said Nigeria was facing both low tax morale and low tax compliance, stressing that aggressive enforcement alon…

…than three years, rising from N12.3tn in 2023 to N27.1tn as of July 2026, the Nigeria Revenue Service has said. The revenue authority attributed the sharp increase to the digitisation of the tax system, the enactment of four new tax reform laws, the transformation of the revenue service and an executive order aimed at…

…gambling operators across Africa cost governments an estimated $3.55 billion in lost tax revenue in 2025Find it fast with our new search feature at Legit.ng! Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Nigeria has ranked as the best-perf…

…companies to establish local operations, they have created employment, expanded tax revenues, strengthened regulatory engagement, promoted innovation and encouraged technology transfer to their citizens,” he said. Citing Ireland as an example, Nwoko said the presence of companies such as Meta, Google, LinkedIn, TikTok…

…debt and strict financial rules requiring him to balance government spending against tax revenue. Starmer led Labour to a landslide election victory in July 2024 after 14 years of Conservative rule, but his premiership became characterised by a string of scandals, missteps and policy U-turns. Burnham, the ex-mayor of G…

…revenue comprised N1.81tn in statutory revenue and N740.72bn in Value Added Tax revenue. It added that total gross revenue available in June stood at N4.5tn, out of which N160.74bn was deducted as the cost of collection, while N1.79tn was recorded as transfers and refunds. The committee reported a sharp increase in sta…

…distributable revenue comprised N1.81tn statutory revenue and N740.72bn Value Added Tax revenue. It added that total gross revenue available in June stood at N4.5tn, out of which N160.74bn was deducted as cost of collection, while N1.79tn was recorded as transfers and refunds. The committee reported a sharp increase in…