Nigeria’s Tax Revenue Mobilization: Lessons from Successful Revenue Reform Episodes: Nigeria

March 6, 2023

Preview Citation

Format: Chicago

Il Jung. Nigeria’s Tax Revenue Mobilization: Lessons from Successful Revenue Reform Episodes: Nigeria, (USA: International Monetary Fund, 2023) accessed November 8, 2024

Summary

This paper has identified four episodes of large and sustained revenue mobilizations in Sub-Saharan Africa (SSA) and found common lessons from the episodes. Although there is no one-size-fits-all strategy, we can find a tax reform path suitable to Nigeria’s circumstances. Based on these cross-country experiences, this paper recommends: (i) implementing a package reform of tax administration and tax policy measures; (ii) focusing mainly on indirect tax (VAT and excise) reforms and tax incentive rationalizations; (iii) undertaking tax administration measures for improving compliance by strengthening taxpayer segmentation and automation; and (iv) launching social dialogue with key stakeholders as well as high-level political commitment.

Subject: International organization, Monetary policy, Revenue administration, Taxes

Keywords: Consumption taxes, Excises, Nigeria's tax reform, Package reform, Sub-Saharan Africa, Tax administration core functions, Tax incentive rationalization, Tax revenue mobilization, Undertaking tax administration, Value-added tax

Publication Details

Pages:

19
Volume:

---
DOI:

---
Issue:

---
Series:

Selected Issues Paper No. 2023/019
Stock No:

SIPEA2023019
ISBN:

9798400234989
ISSN:

2958-7875

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Selected Issues Papers