FG introduces new regulations to modernize tax collection and enforce compliance under updated tax laws.
Experts say the move is expected to enhance compliance, reduce corruption, and create a more business-friendly environment. Taxpayers have been advised to follow the new procedures to avoid penalties and ensure seamless adherence to the law.
The Federal Government of Nigeria has officially prohibited the cash collection of taxes and banned the use of roadblocks for revenue enforcement. The directive, announced on Tuesday, is part of new regulations aimed at implementing recently updated tax laws and modernizing the country’s tax system.
Officials explained that the measures are intended to reduce harassment, improve transparency, and promote digital and traceable payment methods. The government emphasized that all tax payments must now be made through approved electronic channels, ensuring accountability and efficiency in revenue collection.
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