BUSARI ABBASThe Nigeria Tax Administration Act (NTAA) 2025, signals the Federal Government of Nigeria’s intention to streamline and harmonise administrative procedures across state and federal tax legislations. The objectives of the Act, articulated in Section 1, to “facilitate tax compliance by taxpayers” and, critically, to “optimise tax revenue”.
Traditionally, nonprofit organisations enjoy tax-exemption status on their income (revenue) such as grants, donations and subscriptions, the NTAA 2025 from our initial understanding at the Nigeria Network of NGOs places a fundamental shift in compliance focus on the sector.