Ekiti State Governor Biodun Oyebanji urged the Joint Tax Board to adopt an effective and equitable tax system in Nigeria, aligning with President Bola Ahmed Tinubu’s tax reforms. Speaking at the 2025 Joint Tax Board Strategic Retreat held at Ikogosi Warm Springs Resort, Ikogosi‑Ekiti, the governor highlighted the crucial role of a robust tax framework in driving economic growth and improving citizens’ welfare. He praised President Tinubu for proposing far‑reaching reforms aimed at raising living standards.
The proposed bill’s key objectives include deepening the tax base, enhancing revenue mobilization, simplifying compliance procedures, and fostering transparency and accountability across revenue agencies. Implementation is slated to begin in 2026, and it is expected to reshape revenue mobilization and the delivery of sustainable development. Governor Oyebanji charged participants—among them the Executive Chairmen of Internal Revenue Services from the 36 states—to consider the law’s implications for national development.
Joint Tax Board Chairman Zacch Adedeji commended Governor Oyebanji’s leadership, noting that it enables the internal revenue service to thrive in the state. He observed that the retreat’s theme, “Re‑imagining the Nigeria tax eco‑system,” aptly supports President Tinubu’s nationwide tax reform agenda. Ekiti State Internal Revenue Service Chairman Olaniran Olatona also expressed appreciation for the governor’s support, which has boosted internally generated revenue and encouraged voluntary tax compliance among residents. The governor’s investment in people’s welfare has been a key factor in this positive outcome.
The Joint Tax Board Strategic Retreat aims to discuss the new tax reform laws’ impact on national development, focusing on building a resilient and self‑reliant economy. Successful implementation of these reforms is expected to significantly influence Nigeria’s economy in the coming years, with the 2026 commencement poised to reshape revenue mobilization and sustainable development delivery.
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