President Bola Ahmed Tinubu has said Nigeria’s new tax laws will create opportunities for economic growth and inclusivity, ending decades of fragmented colonial-era legislation that, he said, had impoverished citizens.
Speaking on Tuesday at the commissioning of the 16-storey Nigeria Revenue Service (NRS) Headquarters, the President described the reforms as people-centered and investment-friendly, aimed at boosting economic competitiveness and restoring confidence in public institutions.
“The new tax system is designed to reward enterprise, support growth, and ensure that every contribution to the national cause is matched by tangible value for the people,” Tinubu said, commending the NRS for improving fiscal stability, trade efficiency, and investor confidence.
Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas joined the President at the event, praising the reforms and the completion of the NRS building within 30 months—over two decades after its foundation was laid.
Dr. Zacch Adedeji, Executive Chairman of the NRS, highlighted that over 60 outdated tax laws had been streamlined into a single, coherent framework, noting the revenue system’s dramatic improvement—from N6.8 trillion collected five years ago to N28.7 trillion in 2025.
The headquarters, built by China Civil Engineering and Construction Company (CECC), houses facilities for 3,000 staff, a data processing center, auditorium, clinic, library, gym, and training facilities.
Tinubu said the building symbolizes a new standard of transparency, professionalism, and efficiency, reiterating the government’s commitment to reform, accountability, and long-term prosperity.
