NRS, AU host 5th session on tax

The Nigeria Revenue Service (NRS) will on 31st March and Thursday, 2nd April, 2026, lead discussions on how tax and illicit financial flows affect economic growth at the 5th session of the sub-committee on tax and illicit financial flows (IFFs) of the Specialized Technical Committee on Finance, Monetary Affairs, Economic Planning and Integration (STC-FMAEPI).

Co-hosted with African Union Commission (AUC), the event will have in attendance policymakers, tax administrators, development partners, and experts from across Africa coming together to advance coordinated strategies for strengthening tax systems and combating illicit financial flows.

With the theme, “Building the Africa We Want Through Tax and Fiscal Policy Reforms to Support Economic Growth and Domestic Resource Mobilization.”

A statement by Sikiru Akinola, Technical Assistant (Print Media) to the Executive Chairman of the revenue agency, Zacch Adedeji Ph.D, explained that: “It is coming at a critical time when African countries are intensifying efforts to mobilize domestic resources, reduce reliance on external financing, and address illicit financial flows, which continue to undermine economic growth and development across the continent. 

“Discussions will focus on enhancing domestic resource mobilisation, strengthening tax administration and compliance frameworks, addressing illicit financial flows, base erosion and profit shifting, advancing Africa’s coordinated position in global tax negotiations, and leveraging digitalisation and modern tax systems.