The Federal Government on Wednesday launched Rev360, a digital tax administration platform designed to improve tax compliance, simplify taxpayer interactions and strengthen revenue collection as part of ongoing reforms to modernise Nigeria’s tax system.
The platform was unveiled at the headquarters of the Nigeria Revenue Service in Abuja during an event attended by senior government officials, development partners, professional bodies, business associations, tax consultants and taxpayers.
Representing the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, the Permanent Secretary (Special Duties) in the ministry, Mohammed Danjuma, described the platform as a major step in the modernisation of the country’s revenue administration architecture.
He said efficient tax administration was critical to economic growth because it encourages voluntary compliance, improves transparency and boosts investor confidence.
Oyedele said, “When tax administration becomes more efficient, compliance becomes easier. When compliance becomes easier, businesses can focus more on growth and productivity.
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