Introduction: The unfinished business of fiscal reform For decades, Nigeria's fiscal architecture has resembled a colonial relic, ill-suited to the complexities of a modern, aspiring economy. Inherited statutes, largely untouched since before 1960, have fostered a tax system burdened by inefficiency, inequity, and a chronic inability to generate sufficient revenue for national development. Yet, a new dawn may be breaking. Nigeria's long-overdue tax reforms, championed by Taiwo Oyedele and recently signed into law, promise to
Introduction: The unfinished business of fiscal reform For decades, Nigeria's fiscal architecture has resembled a colonial relic, ill-suited to the complexities of a modern, aspiring economy. Inherited statutes, largely untouched since before 1960, have fostered a tax system burdened by inefficiency, inequity, and a chronic inability to generate sufficient revenue for national development. Yet, a new dawn may be breaking. Nigeria's long-overdue tax reforms, championed by Taiwo Oyedele and recently signed into law, promise to