By Joan Chioma Obinagwam
Nigeria’s push to modernize its tax system took a significant step forward as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele announced a successful engagement with the Joint Revenue Board (JRB), formerly the Joint Tax Board (JTB), during their recent retreat in Ikogosi, Ekiti State.
Confiance News gathered from Oyedele’s official X handle.
The discussions, detailed in a tweet by Oyedele, focused on ensuring readiness for the implementation of new tax reform laws, signaling a collaborative effort to transform Nigeria’s fiscal landscape.
“We had a productive session with the Joint Tax Board (JTB), now the Joint Revenue Board (JRB), during their recent retreat in Ikogosi, Ekiti State,” Oyedele tweeted.
Confiance News learnt that the rebranding of the JTB to the JRB reflects an expanded mandate to streamline revenue administration across federal and state levels, aiming for greater efficiency and transparency.
He noted that the retreat provided a platform to align strategies, with a strong emphasis on preparing for the rollout of reforms designed to simplify tax processes and enhance compliance.
“Our discussions focused on implementation readiness and key areas of collaboration to ensure a smooth transition under the new tax reform laws,” Oyedele noted.
Confiance News reports that key priorities included leveraging technology for transparent tax collection, building capacity among revenue officials, and engaging stakeholders to foster inclusivity. These efforts aim to eliminate redundancies, reduce revenue leakages, and build public trust in the tax system.
The overarching goal, as Oyedele emphasized, is to create a fair and efficient framework that drives economic growth. “Together, we are working to modernise and strengthen Nigeria’s tax system for efficiency, fairness, and shared prosperity,” he stated.
Confiance News also gathered that the engagement marks a critical milestone in Nigeria’s journey toward a fiscal system that supports public services and promotes equitable prosperity for all citizens.
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