By Matthew Denis
The Joint Revenue Board (JRB) has abolished the use of roadblocks for tax collection nationwide as part of the implementation of new Presumptive Tax Regulations.
The regulations were unveiled by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, as part of efforts to streamline tax administration and protect small businesses.
The Executive Secretary of JRB, Mr. Olusegun Adesokan, said the new framework provides a harmonised approach to tax collection across the country to ensure businesses are not disrupted.
Under the new regulations, nano and small businesses with annual turnover of N12m and below are exempted from the presumptive tax. Informal businesses above that threshold will pay a flat 1% tax on turnover.
Adesokan said the framework is designed to support small enterprises and broaden the tax base.
Speaking at the launch, Edun said the reforms are aimed at formalising small businesses and integrating them into the structured economy.
“These regulations ensure transparency and fairness while creating a pathway for small businesses to grow and contribute to national development,” he said.
The minister noted that Nigeria’s Gross Domestic Product (GDP) recorded over 4% growth in the last quarter of 2025 and expressed optimism about higher growth projections in the near term.
He added that tax administration under the new system would be coordinated across federal, state and local governments, with oversight mechanisms to ensure compliance. An ombudsman framework will monitor implementation and address complaints.
The decision to end roadside tax enforcement is expected to address concerns over multiple taxation on highways.