The Federal Governement has invited Nigerians, businesses, investors, professional bodies, civil society organisations, academia and other stakeholders to submit proposals for the Finance Bill 2027, with submissions closing on September 11, 2026.
The invitation is aimed at obtaining practical and evidence-based proposals that could strengthen Nigeria’s fiscal framework, improve the business and investment environment, and support sustainable economic growth.
In a notice issued by the Federal Ministry of Finance, the government described the exercise as an opportunity for stakeholders to help in “Shaping Better Fiscal Laws for a More Productive and Competitive Nigeria.”
It urged contributors to identify gaps, ambiguities, inconsistencies and implementation challenges in existing laws and regulations, and propose specific amendments to address them.
Submissions are welcomed online at www.finance.gov.ng or via email at financebill2027@fmf.gov.ng
The government said the proposed reforms should improve the ease of doing business and investment, strengthen tax administration and revenue mobilisation, promote fiscal transparency and accountability, and reduce unnecessary regulatory and administrative burdens.
It also identified taxation and revenue administration as one of the key areas for submissions, covering tax policy, revenue mobilisation, compliance, taxpayer services, tax certainty, incentives, customs and excise, as well as coordination among revenue agencies.
Other areas include fiscal policy and management, covering revenue and expenditure management, budgeting, public financial management, fiscal sustainability, public debt and intergovernmental fiscal relations.
Stakeholders are also expected to make proposals on fiscal responsibility, transparency and accountability, including budget discipline, financial reporting and disclosure, monitoring, accountability and institutional oversight.
The Federal Ministry of Finance further listed financial and economic regulation as an area for consideration, including capital markets, investment and cross-border capital flows, anti-money laundering, financial reporting and other regulations with significant fiscal or economic implications.
It also welcomed submissions on other related matters, including law, regulation, policy or institutional arrangements requiring amendment, harmonisation or introduction to improve Nigeria’s competitiveness and economic governance.
The government said priority would be given to proposals that address existing gaps, reduce unnecessary regulation and administrative burdens, improve productivity and economic efficiency, harmonise conflicting or overlapping rules and reduce leakages, abuse and regulatory arbitrage.
It also highlighted the need to strengthen institutional coordination, transparency and accountability, while improving revenue mobilisation and fiscal sustainability without unnecessarily constraining economic activity.
The notice urged contributors, “as far as possible,” to identify the relevant law and specific provision requiring amendment and provide the proposed draft language. It added that general recommendations would also be considered, but might be less useful for legislative drafting.
The Federal Government said it valued stakeholders’ contributions and encouraged the submission of “clear, practical and implementable proposals” capable of delivering measurable improvements in Nigeria’s fiscal and economic outcomes.
