Nigeria Tax Agency Issues Public Notice on Implementation of Taxpayer Identification

The Nigerian Federal Inland Revenue Service May 22 issued a public notice on the implementation of taxpayer identification (Tax ID). The notice includes that: 1) every taxable person in Nigeria must obtain a Tax ID under the Nigeria Tax Administration Act, 2025; 2) the Tax ID will serve as a single unified identity for taxpayers’ federal and subnational tax transactions; 3) the system is intended to consolidate taxpayer records, eliminate duplication, and improve tax information management; 4) benefits include simplified registration, filing and payment processes, improved transparency, reduced tax leakages, and harmonization of taxpayer data across government levels; 5) the ...