Tinubu commissions NRS headquarters, hails tax reforms for prosperity

Abdullateef Fowewe

President Bola Tinubu, has commissioned the 16-storey Nigeria Revenue Service (NRS) Headquarters on Tuesday, praising new tax reforms for replacing colonial-era laws that “impoverished Nigerians through fragmentation, multiplicity, and inconsistencies.”

This was obtained in a statement on Tuesday by Bayo Onanuga, Special Adviser to the President on Information & Strategy.

The event drew Senate President Godswill Akpabio, House Speaker Tajudeen Abbas, ministers, lawmakers, private-sector leaders, and governors from Kwara, Imo, Borno, Kogi, Plateau, and Anambra states.

Tinubu, who inaugurated the reforms in January, called them “people-centred and investment-friendly,” saying, “On my inauguration day, I made a solemn pledge, Today, I stand before you to reaffirm that these words were not rhetoric; they were a covenant with the Nigerian people.”

He commended NRS Executive Chairman Dr Zacch Adedeji for completing the building in 30 months—after over two decades—and noted early gains like “improved fiscal stability, stronger foreign reserves, and increased investor confidence.”

“This building is more than concrete and steel. It is a symbol of a new standard of professionalism, transparency, efficiency and service,” Tinubu added, urging the NRS to build trust and fairness.

Akpabio urged patience, highlighting no fuel queues and boosted local production.

Abbas praised the reforms for fixing “multiple regimes, overlapping mandates and fragmented legal frameworks.”

Adedeji reported revenue jumping from N6.8 trillion five years ago to N28.7 trillion in 2025, crediting streamlined laws from over 60 fragments dating to 1903.

China Civil Engineering’s MD Guan Shuai lauded Tinubu’s “visionary leadership” for economic repositioning.