May 20, 2026
ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten its target of generating about N40 trillion in revenue for the federation in 2026.
The agency raised the concern at the National Workshop on Strengthening Tax Compliance Under the New Tax Regime in Abuja, yesterday.
Speaking at the event, Executive Director, Large Taxpayer and Government Directorate at the NRS, Ms Amina Ado, said the service had uncovered significant gaps in tax remittances during its monitoring and audit activities.
She said the ambitious revenue target would require transparency and stronger collaboration among all levels of government.
