Legislative Journey
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First Reading8 Oct 2024
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Second Reading12 Feb 2025
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Committee Report11 Mar 2025Finance
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Third Reading18 Mar 2025
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Current StatusAssented
Summary & Analysis
The Nigeria Revenue Service (Establishment) Bill, 2024 repeals the Federal Inland Revenue Service (FIRS) Establishment Act (No.13 of 2007) and establishes the Nigeria Revenue Service (NRS). This bill reflects a major institutional reform designed to modernize, professionalize, and consolidate tax and revenue collection efforts under a new and stronger central authority.