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© 2023 International Monetary Fund
SIP/2023/019
IMF Selected Issues Paper
African Department
Nigeria’s Tax Revenue Mobilization: Lessons from Successful Revenue Reform Episodes
Prepared by Il Jung*
Authorized for distribution by Jesmin Rahman
January 2023
IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed on January 12, 2023. This paper is also published separately as IMF Country Report No 2023/094.
ABSTRACT: This paper has identified four episodes of large and sustained revenue mobilizations in Sub-Saharan Africa (SSA) and found common lessons from the episodes. Although there is no one-size-fits-all strategy, we can find a tax reform path suitable to Nigeria’s circumstances. Based on these cross-country experiences, this paper recommends: (i) implementing a package reform of tax administration and tax policy measures; (ii) focusing mainly on indirect tax (VAT and excise) reforms and tax incentive rationalizations; (iii) undertaking tax administration measures for improving compliance by strengthening taxpayer segmentation and automation; and (iv) launching social dialogue with key stakeholders as well as high-level political commitment.
RECOMMENDED CITATION: Il Jung, 2023, “Nigeria’s Tax Revenue Mobilization: Lessons from Successful Revenue Reform Episodes”, IMF Selected Issues Paper
| JEL Classification Numbers: | E62, H20 |
| Keywords: | Tax revenue mobilization, Nigeria’s tax reforms |
| Author’s E-Mail Address: | IJUNG@imf.org |
| JEL Classification Numbers: | E62, H20 |
| Keywords: | Tax revenue mobilization, Nigeria’s tax reforms |
| Author’s E-Mail Address: | IJUNG@imf.org |
Title Page
SELECTED ISSUES PAPERS
Nigeria’s Tax Revenue Mobilization: Lessons from Successful Revenue Reform Episodes
Nigeria