20% increase in tax compliance and 170,000 new taxpayers in Nigeria in 2021, attributed to more businesses and simplified tax processes under FIRS leadership.

The Federal Inland Revenue Service (FIRS) reports a 20% increase in tax compliance and 170,000 new taxpayers in Nigeria, with a total of 41 million taxpayers as of 2021. Special Adviser to the FIRS Executive Chairman, Dr Zacch Adedeji, attributes this to the emergence of more businesses and simplified tax processes under the new FIRS leadership, reducing the cost of compliance and administration.

July 12, 2024
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