Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji has reassured Nigerian government agencies that proposed tax reforms, currently before the National Assembly, will not threaten their operations or reduce their funding. Speaking at the Revenue House in Abuja on Wednesday, Adedeji dismissed concerns that the reforms would affect revenue-generating agencies, clarifying that they are designed to streamline Nigeria’s fiscal framework for greater efficiency.

Adedeji addressed agency heads from the National Agency for Science and Engineering Infrastructure, the National Information Technology Development Agency, and the Tertiary Education Trust Fund. He explained that the proposed renaming of the FIRS to the “Nigeria Revenue Service” would not entail a takeover of other agencies, as some have speculated.

“I want to assure you that there is nothing in the bills that will reduce your funding, effectiveness, or efficiency,” Adedeji said, highlighting the reforms as foundational steps toward fiscal sustainability. He emphasized that the bills aim to simplify tax laws, enabling agencies to focus on their core mandates without the burden of revenue collection responsibilities.

The reforms are part of President Bola Tinubu’s strategy to harmonize tax laws scattered across various agency mandates, Adedeji explained, adding, “The real principle of this reform is to bring us up to date… and stimulate economic activities to make Nigeria an attractive investment destination.”

The meeting allowed agency leaders to discuss their contributions to Nigeria’s development agenda, and Adedeji underscored that the reforms ultimately seek to boost tax efficiency and improve the ease of compliance for both agencies and taxpayers.