The Nigeria Revenue Service (Establishment) Act, 2025 marks a significant shift in the country’s tax administration framework. The Act formally rebrands the Federal Inland Revenue Service (FIRS) as the Nigeria Revenue Service (NRS), establishing it as the central authority for tax administration in Nigeria. Importantly, this change is not merely cosmetic, the Act empowers the NRS to assess, collect, and account for revenue accruing to the Federation and upon request, to administer taxes on behalf of other relevant authorities. This development underscores the government’s commitment to a more streamlined, accountable, and efficient tax system….