Nigeria Tax Reform 2025: Stakeholders Address Key Challenges in New Tax System at CITN Conference
The Chartered Institute of Taxation of Nigeria (CITN) has announced that key stakeholders will converge in Abuja for its 28th Annual Tax Conference to examine pressing issues shaping the country’s evolving tax system. The event is expected to serve as a major platform for reviewing ongoing reforms and their impact on Nigeria’s economy.
Speaking ahead of the conference, CITN President and Chairman of Council, Innocent Ohagwa, said the theme, “Tax Reforms and Global Relevance: Positioning Nigeria’s Tax System for a Sustainable Future,” reflects the urgency of aligning fiscal policies with national development goals. The conference is scheduled to begin on May 11 in Abuja and will bring together policymakers from both federal and state levels.
Ohagwa noted that a key focus of the discussions will be assessing the early impact of the 2025 tax reforms and ensuring they support business growth, investment, and long-term economic stability. He added that other sessions will address improving tax administration, strengthening revenue systems at subnational levels, and promoting voluntary tax compliance.
According to him, concerns initially raised about the new tax laws have begun to ease as implementation progresses across the country. He explained that salary earners are already seeing changes in their monthly deductions, with many reporting lower tax burdens since the law came into effect in January.
The reforms, introduced under the Nigeria Tax Act 2025 and related legislation, represent one of the most significant overhauls of the country’s tax structure in decades. Ohagwa highlighted that the consolidation of more than 60 taxes into nine major categories is helping reduce pressure on businesses while eliminating multiple taxation practices. He also praised ongoing efforts by tax authorities and corporate organisations to ensure smooth implementation across states, noting that more than 15 state assemblies have already passed the necessary laws.
source: leadership