By SN24.com 
By Peter Akpah.
The Plateau State Internal Revenue Service (PSIRS) concluded a two‑day stakeholders’ engagement on the 2025 Nigeria Tax Reform Act at the Usiju World Event Centre in Jos, aiming to clarify the new fiscal framework and its implications for tax administration in the state.
The forum, which ran from [date] to [date], gathered representatives from ministries, departments and agencies, business owners, informal‑sector operators, civil‑society groups and professional bodies. Its central objective was to provide a clear understanding of the reforms ahead of the law’s commencement on January 1, 2025.
In a welcome address, the Secretary to the Government, Arc. Samuel Nanchang Jatau – represented by PSIRS Chairman Dr. Jim Pam Wayas – said the 2025 Tax Reform Act touches every citizen. He described the legislation not as punitive but as a unified fiscal framework designed to streamline tax administration across all tiers of government and grant greater autonomy to revenue authorities. He urged participants to seek clarification and dispel misconceptions before full implementation.
Dr. Jim Pam Wayas, Executive Chairman of PSIRS, delivered an overview of the Act, noting that it consolidates existing tax statutes into a single legal instrument. Key changes include revised personal‑income‑tax rates, updated value‑added‑tax (VAT) provisions, adjustments to capital‑gains‑tax (CGT) – now ranging from 10 percent to 25 percent – and a higher zero‑rate threshold for small businesses. He also highlighted a new requirement for financial institutions to report aggregate income directly to the revenue service, simplifying compliance.
Plateau State Commissioner of Justice, Hon. Philemon Daffi, Esq., called for full compliance with the new guidelines, assuring that revenues would be applied judiciously. He warned that enforcement would be firm where necessary and encouraged informal‑sector actors to cooperate in promoting adherence to the law.
Mr. Jonathan Mangai, Director of Planning, Research and Statistics at PSIRS, stressed the need for a fair, transparent and accountable tax system. He advocated integrity, digital‑first processes and a clear link between taxes paid and public services rendered, urging stakeholders to champion these principles.
A panel discussion featuring Dr. Jim Pam Wayas, Mrs. Rahila Olu‑Silas, Esq., Assoc. Prof. Dagwom Dang, Mr. Monday Bereh and Dr. Lukman Jimoh Rahim (moderated by Mr. Wulashik Dafaan and MC Tsok) explored implementation challenges. Panelists agreed on expanding tax coverage, tying collection to service delivery, and ensuring both financial and non‑financial sectors contribute equitably. Strategies for compliance, transparency measures and building taxpayer trust were also debated.
Dr. Lukman Jimoh Rahim addressed the informal sector, explaining that all income – including gains from cryptocurrency – is taxable. He outlined the tax bands, noting that the first ₦800,000 of turnover for registered businesses is tax‑free, with higher profits taxed progressively. He encouraged participants to share the information and highlighted a pocket‑friendly guide and an online portal to support ongoing compliance.
Hon. Cornelius Doeyok, Commissioner for Tourism, Culture and Hospitality, emphasized continuous citizen engagement to secure understanding and acceptance of the new law. He announced plans to leverage tourism, hospitality and e‑commerce as revenue streams for the state.
In closing, Mrs. Deborah Adamu Kesuwo, Chairperson of the stakeholders’ engagement team, thanked participants, praised the resource persons and commended Dr. Wayas and his team for promoting transparency and efficiency in Plateau State’s tax system. Mrs. Emily Ufulul Daboer added a vote of thanks to all stakeholders, taxpayers, professional partners and the media, reaffirming PSIRS’ commitment to educating the public and supporting the successful implementation of the 2025 Tax Reform Act.