The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, says the service recorded a total tax collection of N22.59 trillion between January and September 2025.
Adedeji who disclosed this in a statement described the performance as a testament to ongoing fiscal and administrative reforms.
Dr. Adedeji, said the total revenue collections between October 2023 and September 2025 amounted to N47.39 trillion, representing 115 per cent of the agency’s target for the period.
Adedeji said the performance underscored FIRS’ transformation drive and the success of its diversification strategy, noting that non-oil revenue contributed 76 per cent of total collections.
“The year 2025 has been one of remarkable achievements and transformation.
“We have continued to strengthen Nigeria’s tax administration through strategic reforms, technological innovation, and enhanced operational efficiency, ” he said.
According to him, oil tax revenue stood at N5.29 trillion (98 per cent of target), while non-oil tax collections reached N17.3 trillion (128 per cent of target), further demonstrating the service’s shift towards non-oil sources.
Non-import VAT achieved 137 per cent of its target, while import VAT attained 131 per cent, Adedeji said.
Adedeji confirmed that the FIRS would formally transition into the Nigeria Revenue Service (NRS) effective January 1, 2026, expanding its mandate to include non-tax revenue collection from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC).
He described the transformation as part of the government’s fiscal modernisation agenda aimed at promoting fairness, simplification, and competitiveness in tax administration.
“The enactment of new tax laws reflects our commitment to a transparent and equitable system.
“We are aligning our policies with international best practices and Nigeria’s long-term economic objectives, ” he said.
Highlighting key milestones, Adedeji said the service had implemented the National Single Window Project to streamline trade, connect ports and agencies, and enhance efficiency in import and export processing as well as
launched the National e-Invoicing Solution in August 2025 to promote transparency and real-time transaction monitoring among others.
He said the service also launched nationwide tax clinics to enhance taxpayer education, particularly among small businesses and informal sector operators.
On the international front, Adedeji disclosed that Nigeria, through the FIRS, had concluded five mutual agreement processes with Belgium, France, and the Netherlands, as well as training collaborations with the Swedish Revenue Agency to boost voluntary compliance.
He added that the service had completed treaty negotiations with Hong Kong, Botswana, Tanzania, Rwanda, and Switzerland, and initiated fresh talks with Saudi Arabia, Kuwait, Qatar, Morocco, India, and Jersey to strengthen Nigeria’s global tax framework.
Adedeji reaffirmed FIRS’ commitment to fairness and transparency in implementing new tax laws, while pledging continued investment in staff capacity development and digital transformation.
“FIRS has evolved into a modern, technology-driven, and service-oriented institution.
“We remain committed to simplifying taxation, maximising revenue, and driving national development through innovation and stakeholder collaboration, ” he said.
(vitalnewsngr.com)
