Tax reforms must protect taxpayers, ensure equitable revenue allocation, says RMAFC Chairman
via Punch Nigeria4 min read
Dr. Mohammed Shehu, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission RMAFC, emphasized that ongoing tax and revenue reforms in Nigeria must safeguard taxpayers' interests while ensuring fair revenue distribution across all government tiers. He made these remarks during a courtesy visit from a Joint Revenue Board JRB delegation, led by Executive Secretary Mr. Olusegun Adesokan, in Abuja. Shehu reiterated the RMAFC's dedication to transparency, fairness, accountability, and collaboration within Nigeria's revenue administration system. He highlighted the importance of cooperation among revenue generation and administration institutions for the reforms' success, stressing that continuous dialogue and technical engagement are crucial for addressing concerns regarding the new tax regime, including tax refunds and electronic transfer taxation. Mr. Adesokan stated that the JRB's visit aimed to strengthen collaboration with the RMAFC for successful reform implementation. He noted that the reforms are designed to promote fairness, equity, and transparency in tax administration and to clarify revenue allocation mechanisms between federal and subnational governments. Both organizations reaffirmed their commitment to deepening collaboration, protecting taxpayers, enhancing revenue administration, and implementing reforms to strengthen Nigeria's fiscal framework and support national development. Additionally, Dr. John Nwabueze, Nigeria's first Tax Ombud, encouraged ind
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This summary was AI-generated from a story originally published by Punch Nigeria.
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