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FG Inaugurates Inter Ministerial Committee To Develop 2026 VAT Modification Order
FG Inaugurates Inter Ministerial Committee To Develop 2026 VAT Modification Order
The Federal Government has inaugurated an Inter Ministerial Committee to develop the 2026 Value Added Tax (VAT) Modification Order, a major step towards ensuring the smooth implementation of Nigeria’s new tax laws and providing greater certainty for businesses, investors and tax administrators.
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The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, inaugurated the Committee on Friday in his office, charging members to deliver a modern and practical VAT framework that reflects the intent of the Tax Reform Acts and responds to the realities of today’s economy.
He described the Tax Reform Acts, which came into effect on 1 January 2026, as the most extensive changes to Nigeria’s tax system in decades, noting that the reforms simplify tax administration, improve certainty, strengthen competitiveness, protect vulnerable Nigerians and create a stronger foundation for sustainable economic growth.
The Minister explained that while the previous VAT Modification Order made under the repealed VAT Act had served its purpose, the new legal framework requires a fresh Order to provide clarity, update relevant schedules and support the effective implementation of the Nigeria Tax Act.
“This is not about reproducing an old document,” Mr. Oyedele said. “It is about developing a VAT Modification Order that is clear, practical and responsive to the needs of a changing economy.”
He stated that the new Order should remove uncertainty, make compliance easier for taxpayers, support investment decisions and provide tax administrators with clearer guidance in implementing the law.
The Minister directed the Committee to undertake a thorough review of the legal framework, administrative practices and policy directives governing VAT administration, particularly the VAT exempt and zero rated provisions contained in Part IV of the Nigeria Tax Act, 2025, while identifying areas that require further clarification.
He also charged members to engage extensively with stakeholders across government, the organised private sector, professional bodies and other interest groups to validate classifications, address implementation concerns and ensure that the final recommendations are practical and balanced.
Oyedele further instructed the Committee to recommend a comprehensive schedule of VAT exempt and zero rated supplies, taking into account revenue implications, social impact, Nigeria’s treaty obligations and regional integration commitments.
In addition, the Committee is expected to prepare a clear and implementable VAT Modification Order that aligns with the provisions of the Nigeria Tax Act and, where necessary, recommend amendments to the Tax Reform Acts and other enabling laws to strengthen implementation.
The Minister urged members to ensure that every recommendation remains faithful to both the letter and the spirit of the new tax laws, adding that the Order should encourage industrial growth, support investment, promote exports, strengthen food security, encourage innovation and facilitate Nigeria’s energy transition without compromising the integrity of the VAT system.
He also stressed the need to reduce ambiguity in VAT administration so that taxpayers, investors, regulators and tax administrators can operate with greater confidence and certainty.
Oyedele further encouraged the Committee to draw from international experience while ensuring that the final document reflects Nigeria’s unique economic realities and development priorities.
The Committee has been given six weeks to complete its assignment and submit a Draft VAT Modification Order, schedules of VAT exempt and zero rated supplies with their corresponding Harmonised System Codes, implementation notes, a stakeholder consultation report and recommendations on any legislative amendments considered necessary.
Membership of the Committee comprises representatives of the Federal Ministry of Finance, the Nigeria Revenue Service, the Nigeria Customs Service, the Federal Ministry of Industry, Trade and Investment, the Joint Revenue Board, the Manufacturers Association of Nigeria, the Tax Advisory Committee and the Tax Justice and Governance Platform.
Expressing confidence in the calibre of the Committee, the Minister said the blend of expertise drawn from government and the private sector provides a strong foundation for producing a technically sound and practical instrument that will support the effective administration of VAT under the new tax regime.
“Nigerians cannot wait,” the Minister said. “Businesses need certainty. Investors need confidence. Government needs a VAT system that is easy to administer and supports growth. I urge you to approach this assignment with diligence, objectivity and a sense of urgency.”
FG Inaugurates Inter Ministerial
He noted that the Committee’s work would shape the administration of one of Nigeria’s most important taxes, improve the ease of doing business, strengthen investor confidence and support the successful implementation of the Federal Government’s fiscal reform agenda.
He formally inaugurated the Inter Ministerial Committee on the 2026 VAT Modification Order and wished members success in the discharge of their national assignment.
Efe Ovuakporie
Head, Information and Public Relations
25th July, 2026
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IGP Disu Receives (LASU) Alumni Association Delegation, Conferred With Emeritus Membership
The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc(+), NPM, today, Thursday, 22nd October 2026, received a delegation of the Lagos State University (LASU) Alumni Association led by its President, Mr Morisson Quakers, SAN, at the Force Headquarters, Abuja. During the visit, the Association conferred emeritus membership on the IGP in recognition of his achievements and contributions to public service.
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Speaking on behalf of the delegation, the Association’s President commended the IGP’s leadership and commitment to people-centred policing, personnel welfare and inter-agency collaboration. He noted that the policy direction and priorities of his administration would shape the legacy of his tenure and assured him of the Association’s continued support.
The Chairman of the Association’s Board of Trustees, Mr Lekan Ogunbanwo, described the IGP as a worthy representative of the University and commended his accessibility and dedication to service.
In his remarks, the IGP expressed appreciation for the honour bestowed on him by the alumni and acknowledged the University’s contribution to his personal and professional development and the encouragement he had received from fellow alumni throughout his career.
Police
The IGP also highlighted ongoing efforts to strengthen professionalism and improve personnel welfare through institutional initiatives and partnerships. He called for greater public understanding and cooperation with police officers in the discharge of their duties, acknowledging the demands and sacrifices associated with policing.
The Inspector-General of Police thanked the Association for its goodwill and reaffirmed his commitment to sustaining ties with his alma mater while advancing the Force’s mandate to protect lives and property and serve the public.
CSP ANI INIEDU, anipr
Force Public Relations Officer
Force Headquarters, Abuja
22nd October, 2026
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Nigerian Navy, NDLEA Recover Drugs in Joint Operations, Arrest 10 Suspects in Warri
The Nigerian Navy, in collaboration with the National Drug Law Enforcement Agency (NDLEA), has arrested 10 suspects and recovered assorted substances suspected to be illicit drugs during a joint operation in the Warri general area of Delta State.
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The operation, conducted by Nigerian Navy Ship (NNS) DELTA and NDLEA from 19 to 20 October 2026, targeted locations suspected of being used for the storage, sale and distribution of illicit drugs. Items recovered included five cards of tramadol, 20 litres of Monkey Tail, 20 kilogrammes of cannabis, 10 kilogrammes of Colorado and other related exhibits.
The suspects and recovered exhibits were handed over to the NDLEA Warri Area Command for further investigation and necessary legal action.
NDLEA
The operation reflects the Nigerian Navy’s contribution to tackling drug-related criminality through intelligence-led collaboration with relevant law enforcement agencies. The Navy will continue to support coordinated efforts to disrupt illicit drug distribution networks and strengthen security within its area of responsibility.
Signed AA FOLORUNSHO
Navy Captain
Director Naval Information.
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Nigeria Customs, TMPL Test Cutting-Edge Cargo Scanners in China Ahead of Deployment
A high-powered delegation of experts from the Nigeria Customs Service (NCS) and Trade Modernisation Project Limited (TMPL) recently completed a Factory Acceptance Test (FAT) for the newly acquired Non-Intrusive Inspection (NII) equipment and Electronic Cargo Tracking System (ECTS) in China.
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The two-week exercise, led by the Deputy Comptroller-General of Customs (DCG) in charge of the Information Communication and Technology/Modernisation Department, Oluyomi Adebakin, took place from 9 to 20 October 2026 at Nuctech Company Limited’s facility in China, the manufacturer of the advanced systems. The delegation conducted comprehensive technical verification of the high-tech scanners and the Electronic Cargo Tracking System, designed to work in synergy to enhance cargo examination and real-time monitoring from port to destination.
During the test, DCG Adebakin reaffirmed Comptroller-General of Customs Adewale Adeniyi’s commitment to using technology as a catalyst for trade facilitation, revenue optimisation, and national security. She said the FAT is a crucial quality-assurance process to ensure the scanners and tracking system meet contractual specifications and global operational standards before shipment to Nigeria.
“The Nigeria Customs Service, under the leadership of CGC Adeniyi, is committed to ensuring that we deploy only cutting-edge, fit-for-purpose technology that will fast-track cargo examination, reduce dwell time, and enhance our ability to detect concealments and prohibited items, improve revenue generation, as well as facilitate legitimate trade”, CG Adebakin said.
For his part, the Acting Comptroller, Non-Intrusive Inspection (NII), Deputy Comptroller of Customs Umar Madugu, noted that deploying the new scanners and ECTS will significantly reduce the need for 100% physical examination, minimise human contact, curb cargo diversion, and improve efficiency across Customs formations.
Speaking on behalf of Trade Modernisation Project Limited, the company’s General Manager, Bamidele Chinedu, described the FAT as a milestone in implementing the TMP, stressing that integrating NII scanners and the Electronic Cargo Tracking System is central to achieving a transparent, technology-driven Customs system.
TMPL
Also speaking, Niu Chao, Project Manager, Nuctech Company Limited, China, expressed the company’s commitment to delivering world-class equipment, technical support, capacity building, and after-sales services.
During the exercise, technical experts from both NCS and TMPL were also trained to handle, operate, and maintain the scanners and the ECTS to ensure seamless deployment and sustainability in Nigeria.
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