Nigerian New Tax Law and Fiscal Policy Course

This practical 5 days course on the New Nigeria Tax Law and Fiscal Policy is designed for a practical, applied learning track, suitable for professionals in accounting, law, finance etc., who want to understand recent Nigeria tax reforms and fiscal policy mechanics.

Learning Objectives

At the end of this training session, participants will be able to

• Explain Nigeria’s tax architecture, key agencies, and constitutional structure governing tax allocation.
• Identify and apply major changes in personal and corporate taxation, indirect taxes, and international tax rules (transfer pricing, Base Erosion and Profit Shifting, digital economy).
• Understand how tax policy interacts with fiscal policy, including budget processes, revenue forecasting, and debt management.
• Describe the administrative framework for tax collection, compliance processes, and the role of digital transformation in tax administration.
• Analyze sector-specific fiscal implications and international frameworks; formulate reform proposals with revenue and equity considerations.
• Develop practical skills in tax calculation, policy assessment, datasets interpretation, and policy communication.

Course Contents

Day 1: Foundations of Nigeria’s Tax System and the FCAs (Fiscal Policy Context)

• Overview of Nigeria’s tax architecture: personal income tax, company income tax, value-added tax (VAT), customs and excise, and other taxes
• The legal framework: Tax laws, governing acts (Revenue Mobilisation, Allocation and Fiscal Commission Act, Finance Acts, and relevant statutory instruments)
• Recent reforms snapshot: timeline of major reforms in the last 5–7 years
• Fiscal policy fundamentals: objectives (stability, growth, equity), instruments (tax policy, expenditure policy, borrowing)
• Constitutional and intergovernmental considerations: tax allocation between Federal, State, and Local Government

Day 2: Tax Law Changes: Personal, Corporate, and International Dimensions

• Personal income tax reforms: withholding, reliefs, graduated rates, tax credits
• Corporate income tax updates: rate changes, incentives, exemptions, loss carry forward, thin capitalization
• VAT and other indirect taxes: rate changes, registration thresholds, compliance measures
• Transfer pricing and BEPS posture: documentation requirements, penalties, country-by-country reporting
• Tax incentives and investment regimes: Pioneer status, incentives for wealth of sectors (agriculture, manufacturing, technology)
• Tax administration enhancements: digital filing, real-time stamping, penalties, audit procedures

Day 3: Fiscal Policy Tools and Public Expenditure Management

• Budget architecture: annual budget process, revenue projections, expenditure ceilings
• Fiscal rules and stabilization: deficit targets, rule-based vs. discretionary policies
• Public investment management: capital budgeting, project appraisal, procurement reforms
• Debt management: domestic vs. external debt, debt sustainability analysis, borrowing requirements
• Tax policy design: how tax measures affect macro-stability and growth
• Revenue forecasting: techniques and uncertainty management

Day 4: Tax Administration, Compliance, and Digital Transformation

• Tax administration structure: FIRS, states, local governments; roles and collaboration
• Compliance framework: registration, filing, payment, audits, penalties, dispute resolution
• Digital tax reforms: e-invoicing, digital reporting, online registrations, real-time data
• Taxpayer rights and grievance mechanisms: tribunals, appeals, and due process
• Anti-avoidance and enforcement: general anti-avoidance rule (GAAR), transfer pricing enforcement
• Tax incentives governance: monitoring and sunset clauses, performance evaluation

Day 5: Sectorial Implications, International Context, and Policy Debates

• Sectorial implications: oil & gas, manufacturing, agriculture, tech/startups, and informal sector
• International context: Africa Tax Administration Forum (ATAF), global BEPS, tax information exchange agreements (TIEAs), and tax harmonization trends
• Economic diversification and tax policy: how to incentivize non-oil sectors while maintaining revenue
• Policy trade-offs and equity: distributional impacts of tax measures
• Reform trajectories: potential future reforms and legal processes for amendments

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.