FG Inaugurates Tax Appeal Commissioners To Aid Economic Reforms
The Federal Government on Wednesday inaugurated 50 newly appointed Tax Appeal Commissioners to enhance Nigeria’s economic reforms and revenue generation.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, presided over the inauguration at the Ministry of Finance Auditorium in Abuja. He underscored the vital role of the Tax Appeal Tribunal (TAT) in ensuring fair and efficient resolution of tax disputes, which is crucial for fostering a business-friendly environment and attracting investment.
Edun emphasized the need to curb tax evasion, stating that while tax avoidance is legal, evasion undermines the integrity of Nigeria’s tax system and hampers national development. He also pointed to improving economic indicators, such as stabilizing inflation, declining food prices, and rising oil production, as evidence of progress under President Bola Tinubu’s Renewed Hope Agenda.
Minister of State for Finance, Dr. Doris Uzoka-Anite, highlighted the Tribunal’s role in balancing government revenue generation with taxpayer rights protection. She urged the newly appointed commissioners to leverage their expertise to achieve the government’s policy objectives.
In his response, the Tax Appeal Tribunal Commissioner/Chairman, Aderibigbe Adedeji, assured the minister of the tribunal’s commitment to delivering on its mandate while expressing gratitude to President Tinubu for the opportunity to serve.
The inauguration aligns with the Federal Government’s broader tax reforms aimed at increasing revenue for critical sectors such as infrastructure, healthcare, and education. Conducted under the authority of the Federal Inland Revenue Service Establishment Act 2007, the move reinforces the administration’s dedication to strengthening institutions essential for Nigeria’s economic transformation.
With this development, Nigeria takes a significant step toward a more efficient tax system, paving the way for improved revenue generation and sustainable economic growth.
