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Macroeconomy
NRS Report: Tax Reforms, FX Unification, Subsidy Removal Strengthened Economic Recovery Under Tinubu
THISDAY
Jul 7, 2026 · 03:45 WAT
A National Revenue Summit report indicates that key economic reforms, including tax adjustments, foreign exchange unification, and fuel subsidy removal, have supported Nigeria's recovery. The report highlights doubled revenue collections while pointing out structural challenges like a low tax-to-GDP ratio and high debt service obligations.