Nigeria’s Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, is reshaping the country’s international tax framework. In a bold move for economic fairness, Adedeji advances fair tax deal talks with the Netherlands. These discussions aim to ensure balance, promote trade, and attract responsible investment.
The talks began in Abuja, marking the start of formal negotiations to update the existing double taxation treaty. Adedeji welcomed the Dutch delegation led by Maarten Schaap, Head of International Tax Affairs at the Netherlands Ministry of Finance. Their goal is to establish a modern agreement that reflects Nigeria’s economic interests and aligns with global best practices.
Adedeji advances fair tax deal efforts with a focus on clear priorities. He seeks to eliminate unfair tax advantages and close loopholes that harm local businesses. His strategy emphasizes fairness, transparency, and mutual benefit. He also aims to curb tax avoidance while encouraging genuine investment.
Nigeria’s current tax treaty with the Netherlands, signed in 1992, no longer supports the nation’s evolving economic direction. Adedeji described it as outdated and called for a transparent and equitable renegotiation. He stressed the need to protect Nigerian businesses and reduce revenue losses caused by weak provisions.
The negotiations also align with President Tinubu’s Renewed Hope Agenda, which promotes economic justice, fiscal reform, and inclusive growth. Adedeji’s leadership at FIRS reflects this agenda by building stronger, more resilient financial systems. The treaty update is one of several major reforms he has introduced.
Both delegations expressed a strong willingness to collaborate and achieve a fair outcome. Adedeji emphasized the importance of honest dialogue and firm diplomacy. He made it clear that while Nigeria welcomes trade, it must also safeguard its tax base. A fair treaty, he noted, enhances trust and fosters long-term partnerships.
Maarten Schaap commended Nigeria’s open approach and pledged to work toward a collaborative outcome. He agreed on the importance of updating the treaty and reaffirmed the Netherlands’ commitment to a strong relationship with Nigeria.
Under Adedeji’s guidance, FIRS has significantly improved revenue collection and simplified tax compliance. He continues to focus on efficiency, innovation, and fairness. His vision ensures that both local and international businesses can thrive while meeting their tax obligations.
The outcome of the renegotiation will influence business operations and tax planning for companies in both countries. Adedeji committed to keeping the process transparent and inclusive. He promised to prioritize the interests of Nigerians in every aspect of the agreement.
With strategic thinking and strong policy direction, Zacch Adedeji advances fair tax deal talks with purpose. His leadership remains central to Nigeria’s tax reform agenda and broader economic transformation. This treaty update could mark a turning point in Nigeria’s global economic relations and build stronger trust with international partners.
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