In a major move to modernize Nigeria’s fiscal system, the Federal Government on Tuesday, March 24, 2026, officially banned the cash collection of taxes and the use of roadblocks for revenue enforcement.
These directives are central to the newly signed Presumptive Tax Regulations designed to formalize the informal sector while protecting small businesses. According to The Punch, the Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, made this known during the signing at the Federal Ministry of Finance.
Adesokan said the new framework was designed to end informal, coercive and fragmented tax practices, particularly at the sub-national level. “It bans all forms of cash collection by tax authorities. It also bans the mounting of roadblocks for the collection of taxes,” he said
