Nigeria’s N40tn revenue target under threat from tax leakages – NRS

Nigeria’s N40trn revenue target under threat from tax leakages —NRS

ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten its target of generating about N40 trillion in revenue for the federation in 2026. The agency raised the concern at the National Workshop on Strengthening Tax Compliance Under the New Tax Regime in Abuja, yesterday. Speaking at the event, Executive Direct…

Nigeria’s N40tn revenue target under threat from tax leakages – NRS

Nigeria’s ambitious N40tn revenue target for 2026 is at risk due to significant tax leakages and weak compliance, says the Nigeria Revenue Service (NRS). Read More: https://punchng.com/nigerias-n40tn-revenue-target-under-threat-from-tax-leakages-nrs/

NRS Sets N40trn Tax Revenue Target for 2026 - Economi Confidential

The Nigeria Revenue Service (NRS) has set a target of ₦40 trillion in tax revenue for 2026, stressing the importance of collaboration with states to achieve the goal. The post NRS Sets N40trn Tax Revenue Target for 2026 appeared first on Economi Confidential.

NRS Raises Alarm Over Tax Leakages, Delayed Remittances as Nigeria Targets ₦40tn Revenue in 2026 - TV360 Nigeria

Agency warns weak compliance by states, MDAs and government-owned entities could derail ambitious revenue drive under new tax regime…. The Nigeria Revenue Service has sounded the alarm over rising tax leakages, delayed remittances and poor compliance by some government institutions and sub-national authorities, warning that the challenges could threaten the country’s ambitious plan to generate about ₦40 trillion in revenue in 2026. The warning w…

“₦40tn Revenue Target At Risk” — NRS Warns Tax Leakages, Delayed Remittances Threaten 2026 Collection Drive

The Nigeria Revenue Service has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten its target of generating about N40tn in revenue for the federation in 2026.

FG, NRS Rally States To Achieve N40tn Tax Revenue Target

The Federal Government and the Nigeria Revenue Service (NRS) on Tuesday intensified calls for stronger collaboration among federal, state and local government institutions to improve tax compliance and boost revenue generation under Nigeria’s new tax regime. Speaking at a national workshop on strengthening tax compliance under the new tax regime held at the Transcorp Hilton Hotel, Abuja, top government officials said the success of the country’s…