Kogi State Revolutionizes Tax System with Two Groundbreaking Revenue Laws
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Kogi State Revolutionizes Tax System with Two Groundbreaking Revenue Laws

FU
Felix Utomi
2 min read
#tax reform #Kogi State #economic policy #Nigeria #Ahmed Ododo

Kogi State introduces groundbreaking tax reforms that exempt low-income earners and digitalize revenue collection. Governor Ahmed Ododo signs laws aligning with national economic strategy, promising increased transparency and economic growth.

In a landmark move that promises to reshape fiscal policy, Kogi State Governor Ahmed Ododo has signed two transformative revenue bills that align perfectly with President Tinubu's national tax reform strategy.

The newly enacted laws – the Kogi State Internal Revenue Service (Establishment) Law, 2025 and the Kogi State Taxes and Levies (Approved List for Collection) Law, 2025 – represent a sophisticated approach to tax administration that prioritizes fairness and economic growth.

State Information Commissioner Kingsley Fanwo highlighted the legislation's most compelling feature: comprehensive tax relief for low-income earners. Individuals earning less than N800,000 annually will be completely exempted from tax obligations, a provision designed to protect vulnerable economic segments while encouraging broader economic participation.

The reforms introduce several innovative mechanisms, including digitalized tax administration that significantly reduces human interference and promotes unprecedented levels of accountability. By streamlining compliance processes and reducing administrative costs, the new framework aims to create a more attractive business environment in Kogi State.

President Tinubu's vision of a 'fair, competitive, and robust fiscal foundation' is clearly reflected in these state-level implementations. The tax laws are strategically crafted not to increase tax burdens, but to support structural economic reset, drive systemic harmonization, and fundamentally protect citizens' economic dignity.

Scheduled to commence on January 1st, 2026, these reforms represent a significant milestone in Nigeria's ongoing efforts to create a more transparent, efficient, and equitable taxation system. Governor Ododo's proactive approach positions Kogi State as a potential model for other states seeking meaningful fiscal transformation.

Based on reporting by Punch Nigeria

This story was written by BrightWire based on verified news reports.

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