Nigeria is moving toward a more structured, transparent, and sustainable fiscal framework aimed at supporting long-term economic stability, investor confidence, and inclusive growth, according to Special Adviser to the Honourable Minister of Finance and Group Director at the Nigerian Revenue Service (NRS), Nana Ibrahim.
She said this during a private Global Markets Listening Lounge convened by The Connectors Code, which brought together senior professionals, policymakers, and globally positioned leaders to discuss Nigeria’s evolving fiscal and economic direction and its implications for UK businesses and investors with interest in the market.
“What we are seeing is a deliberate shift toward a more structured, transparent, and sustainable fiscal framework,” Ibrahim said, outlining the intent behind the country’s ongoing fiscal and tax reforms.
The session took place during a period of high-level Nigerian presidential state engagements, creating what organisers described as a timely backdrop for focused discussions on the country’s economic direction and global positioning.
According to the convener of the event, Nkem Igwe, the platform is designed to create spaces where leaders can interpret global shifts and make informed decisions. “This is about more than conversation. It is about enabling better decisions,” she said.
The discussion featured senior representatives from the Nigerian Revenue Service, including Director of Institutional Partnerships and Stakeholder Management, Umaru Idris Ahmed; Group Director for Corporate Communications and Stakeholder Engagement, Yinka Apata and Assistant Director, Stakeholder Management, Thomas Okim.
Also in attendance was Senior Legislative Aide to the Deputy Senate President of the 10th National Assembly, Caleb Adeoga, who brought a legislative perspective to the conversation.
Global business voices at the session included; Member of the Order of the British Empire (MBE), Professor Bamidele Adebisi and Head, Personal Banking Sector, Access Bank UK, Adaeze Anyanwu. Anyanwu noted that such conversations provide the context needed for globally positioned clients to make informed investment and capital allocation decisions.
The session was co-anchored by Governance Specialist, Jacqueline Ezeokwelume, who emphasised the importance of clarity and consistency in ensuring that reforms translate into confidence for businesses and investors.
Organisers said the discussion provided participants with the opportunity to engage directly with the thinking behind Nigeria’s reform agenda, offering clarity on what is changing, why the changes are being made, and how they are expected to shape the country’s economic trajectory.
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