Tax reforms must protect taxpayers, RMAFC insists

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) in Nigeria is pushing for tax reforms that prioritize taxpayer protection and equitable revenue sharing across government tiers. RMAFC Chairman Dr. Mohammed Shehu stressed the importance of collaboration among revenue-generating institutions for the reforms to succeed.

During a visit from the Joint Revenue Board, Shehu reaffirmed the commission's dedication to transparency, fairness, and accountability in Nigeria's revenue administration. He highlighted that collective efforts are essential to safeguard taxpayer interests while guaranteeing fair revenue allocation. The RMAFC plans to support government initiatives aimed at strengthening revenue generation and ensuring compliance with existing laws.

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The Revenue Mobilisation, Allocation and Fiscal Commission remains committed to promoting transparency, fairness, and accountability in Nigeria’s revenue administration. As key stakeholders in the nation’s fiscal architecture, we must work together to ensure that ongoing revenue reforms protect the interests of taxpayers while guaranteeing equitable revenue allocation across all levels of government.

Addressing concerns about the new tax regime, including refunds, allocation, and electronic transfer taxation, Shehu noted the need for ongoing dialogue and technical engagement. He believes these discussions will foster fairness, efficiency, and public trust in the tax system. The commission is committed to measures that boost compliance and transparency, anticipating substantial improvements in revenue collection and fiscal efficiency over the next five to six years through sustained cooperation and proper reform implementation.

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The Commission is committed to supporting measures that enhance compliance, improve transparency, and foster public confidence in the nation’s tax administration framework. With sustained cooperation among federal and subnational governments, revenue institutions, and proper implementation of the ongoing reforms, we expect to witness significant improvements in revenue collection and fiscal efficiency over the next five to six years.