CITN and NRS deepen partnership on e-invoicing

The Chartered Institute of Taxation of Nigeria (CITN) has strengthened its collaboration with the Nigeria Revenue Service (NRS) to advance the phased implementation of e-invoicing.

The partnership between the Chartered Institute of Taxation of Nigeria (CITN) and the Nigeria Revenue Service (NRS) has been deepened to support the ongoing phased rollout of e-invoicing in the country. This collaboration aims to enhance tax administration processes through digital means. According to reports, the initiative builds on existing efforts to modernize revenue collection. The development was highlighted in a publication dated February 16, 2026. No specific details on the exact phases or timelines were provided in the available information, but the focus remains on strengthening institutional ties for effective implementation.

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Illustration of Nigeria's tax law controversy: CITN demands verification, Senator Ndume calls for suspension, Lagos Governor defends reforms.
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CITN demands verification as calls intensify to suspend Nigeria's disputed tax laws

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Building on earlier policy critiques, the Chartered Institute of Taxation of Nigeria (CITN) has called for urgent verification of new tax laws amid discrepancies, while Senator Ali Ndume urges suspension of the January rollout and Lagos Governor defends the reforms.

On January 4, 2026, Nigeria's House of Representatives released the complete texts of four tax reform acts signed by President Bola Tinubu, directly addressing ongoing claims of errors in the official gazette amid implementation pushback.

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The Federal Government of Nigeria has reaffirmed its commitment to implementing key tax reform laws starting January 1, 2026, despite ongoing procedural reviews by the National Assembly. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that preparations are on track following a briefing with President Bola Tinubu. The reforms aim to ease the tax burden on most Nigerians while promoting economic growth.

Ethiopia's federal tax authorities are advancing the final phase of their QR-coded receipt program. This initiative aims to overhaul the use of manual receipts in favor of digital QR codes.

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The National Association of Nigerian Students has called on the Federal Government to suspend the January 1, 2026, rollout of the new Tax Reform Law due to procedural flaws and lack of public engagement. The group highlighted discrepancies between the gazetted version and the one passed by the National Assembly, amid concerns over inadequate sensitization efforts. NANS warned of nationwide protests if demands are ignored.

The National Opposition Movement has urged President Tinubu to immediately suspend a new tax regime set for January 2026, arguing it will exacerbate hardships for poor Nigerians amid rising poverty and insecurity. Speaking in Abuja, the group described the policy as an assault on ordinary citizens' livelihoods. They called for nationwide consultations and protections for vulnerable groups.

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South Korea's National Tax Service has started preparations to build a tracking system for taxing cryptocurrency investment gains, aligning with the government's expansionary fiscal policy and revenue needs. The system is being developed ahead of tax collection on virtual asset profits beginning January next year. The 3 billion won project, now open for bids, will use AI to analyze transaction data.

 

 

 

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