KPMG met with NRS Chairman Zacch Adedeji following disputes over Nigeria’s new tax laws, praising his leadership and backing the reforms as necessary
Representatives of global tax advisory firm KPMG have met with the Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, following weeks of public disagreements over the newly enacted Nigeria Tax Act.
The meeting, which took place on Monday, was confirmed in a statement issued by the NRS, describing the engagement as a courtesy visit by KPMG’s top management.
The visit comes after a series of accusations and counter-accusations between the Federal Government and KPMG over the implementation of Nigeria’s recent tax reforms.
Background to the Dispute
KPMG had earlier released a review of the new tax laws, describing them as fraught with gaps, errors, and internal contradictions, a position that sparked widespread debate within policy and business circles.
The Federal Government, however, pushed back strongly, insisting that KPMG misunderstood the intent and structure of the reforms, and defending the legislation as necessary to strengthen Nigeria’s revenue framework.
KPMG Praises Adedeji’s Leadership
According to the NRS statement, the Monday meeting appeared to mark a turning point, as KPMG executives commended Dr. Adedeji for his leadership and the timely implementation of the tax reforms.
“Their initial apprehensions have been significantly allayed,” the statement noted.
The NRS further disclosed that KPMG acknowledged the importance of the reforms and affirmed that they were both necessary and timely in addressing Nigeria’s fiscal challenges.
Commitment to Continued Engagement
KPMG also pledged to maintain professional engagement with the NRS in support of effective tax administration and national economic growth.
“The KPMG executives affirmed that the reforms are both necessary and timely, and pledged continued professional engagement in support of effective tax administration and national economic growth,” the statement read.
The meeting signals a possible de-escalation of tensions between the government and one of the world’s leading tax advisory firms, amid ongoing efforts to reform Nigeria’s tax system and broaden its revenue base.
