NBA raises alarm over Tax Reform Acts, calls for suspension

The Nigerian Bar Association (NBA) has expressed grave concerns over controversies surrounding the recently enacted Tax Reform Acts, warned that the development cast serious doubt on the integrity, transparency and credibility of Nigeria’s lawmaking process. In a statement issued on Tuesday, December 23, 2025, and signed by its President, Mazi Afam Osigwe, the NBA said the controversies strike at the heart of constitutional governance and raise questions about the procedural sanctity that must underpin legislation in a democratic society. The association stressed the need for a comprehensive, open and transparent…

FIRS adopts NIN, CAC Numbers as Official Tax Identification from 2026

The Federal Inland Revenue Service (FIRS) has announced that Nigerians will no longer be required to obtain a separate Tax Identification Number (TIN), as the National Identification Number (NIN) has been officially adopted as the tax identification number for individuals, effective from January 2026. The clarification followed growing public concern over new tax provisions and speculation that citizens would be required to register for additional identification numbers for tax-related transactions. In a statement issued on Monday, FIRS explained that the move is part of ongoing reforms under Nigeria’s evolving tax…