President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to comprehensive tax reforms, aimed at creating a robust, transparent, and fair tax system that supports enterprise, reduces poverty, and delivers on national development goals.

Speaking at the 27th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN), themed: *Taxation for Development: Policies, Law and Implementation,* in Abuja today, President Tinubu highlighted the government’s efforts to restructure and modernize Nigeria’s tax administration and legal framework.

Represented by the Honourable Minister of State for Finance Dr Doris Uzoka-Anite, the President noted that the establishment of the Presidential Committee on Fiscal Policy and Tax Reforms and the passage of the Economic Stabilization Bills into law are significant steps towards simplifying the tax system, broadening the tax base, and ensuring alignment between fiscal policy and national development objectives.

*A robust, transparent, and fair tax system is essential for financing government operations and creating an environment of accountability, stability, and long-term development,* he stated 

The President also emphasized the importance of leveraging technology and data analysis to enhance tax compliance and improve service delivery, citing the digitization of tax processes as a positive development.

President Tinubu called on stakeholders, particularly tax professionals and policymakers, to engage meaningfully and craft pathways that will strengthen tax institutions, boost revenue, and improve the lives of Nigerians. 

The President declared the conference open, expressing confidence that the ideas shared and partnerships formed would contribute significantly to deepening tax reform and development in Nigeria.

As Nigeria embarks on this new chapter in its tax reform journey, the government’s commitment to transparency, fairness, and development is poised to yield significant benefits for the nation’s economy and citizens

Nigeria’s Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite has called on global investors to tap into Nigeria’s vast opportunities, highlighting the country’s economic pivot and potential for sustainable growth. 

This appeal was made during her address at the Milken Institute Global Conference 2025, New York, USA 

She stated that Nigeria is deepening intra-African trade and investment through the African Continental Free Trade Area (AfCFTA), unlocking value across the continent. The AfCFTA’s phased implementation, Uzoka-Anite said, will reduce tariffs on 90% of goods traded within Africa, promoting intra-African trade and regional value chain development. 

This strategic move positions Nigeria for high-potential investment opportunities in key sectors such as agriculture, energy, digital economy, manufacturing, infrastructure, mining, and healthcare.

The Minister explained that Nigeria’s startup ecosystem is dynamic, with opportunities for investment in fintech, agritech, edtech, logistics, and health. *The government is committed to supporting startups through regulatory reforms, catalytic funding, and talent development,* she noted.

Dr. Uzoka-Anite emphasized that *Nigeria is actively pivoting by deepening intra-African trade and investment, particularly through mechanisms like the African Continental Free Trade Area (AfCFTA).* She noted further,  *We’re not simply seeking aid or short-term capital, but strategic collaborations that recognize the continent’s potential as the next frontier for sustainable growth and innovation.*

To achieve its economic objectives, Nigeria is streamlining the investment climate, improving infrastructure, and enhancing trade efficiency. The government is also implementing initiatives to support the startup ecosystem, including regulatory reforms and catalytic funding.

The Minister’s address to the global community underscores Nigeria’s commitment to becoming a hub for sustainable growth and innovation in Africa, presenting a compelling case for global investors to explore opportunities in the country.

The Federal Government has reaffirmed its commitment to partnering with traditional institutions and other relevant stakeholders to drive economic growth and social cohesion in the country.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, gave the assurance today during a courtesy visit to the Lamido of Adamawa, His Royal Highness Dr Muhammadu Barkindo Aliyu Mustapha, Chairman of the Adamawa State Council of Traditional Rulers.

The Minister, who led the Top Management Staff of the Ministry on the courtesy call as part of activities lined up for the 2025 Performance Management Retreat, emphasised the importance of collaborative relationships between the Ministry and traditional institutions.

Represented by the Permanent Secretary, Federal Ministry of Finance, Mrs Lydia Shehu Jafiya, the Minister highlighted the government’s determination to stabilise the nation’s economy and improve the lives of citizens, aligning with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

HM Edun outlined various efforts undertaken by the government to reposition the economy, including investing in infrastructure development; creating an enabling environment to attract domestic and foreign investment; implementing fiscal reforms to improve revenue generation and promote sustainable economic growth; supporting farmers and promoting agricultural productivity; as well as investing in education, healthcare, and skills development.

He expressed optimism that these initiatives would yield positive results and improve the lives of Nigerians.

He also thanked the Adamawa State Government and the good people of the State for agreeing to host the retreat.

The Lamido appreciated the Ministry’s initiative and pledged his support for the government’s economic growth and development efforts in Adamawa State.

This visit marked the conclusion of the 2025 Senior Management Staff Retreat and represents a significant step towards fostering collaborative relationships between the Federal Ministry of Finance and traditional institutions—driving economic growth and promoting social cohesion.

As the Ministry continues to leverage these partnerships, it remains committed to working together towards a brighter future for Nigeria