FG seeks Nigerians’ inputs for 2027 Finance Bill

The Federal Government has called for inputs from Nigerians and other stakeholders ahead of the drafting of the Finance Bill 2027.

The Federal Ministry of Finance made the call in a notice posted on its official X handle on Friday, inviting members of the public, businesses, investors, professional bodies, civil society organisations, academia, public institutions and other stakeholders to submit proposals.

The ministry said submissions should focus on practical, evidence-based legislative or regulatory reforms that strengthen Nigeria’s fiscal framework and improve the business and investment environment.

The notice, titled “Call for Inputs into the Finance Bill 2027: Shaping Better Fiscal Laws for a More Productive and Competitive Nigeria,” said the exercise aimed to support sustainable economic growth.

It said, “The Federal Government invites members of the public, businesses, investors, professional bodies, civil society organisations, academia, public institutions and other stakeholders to submit proposals for the Finance Bill 2027.”

According to the ministry, proposals should seek to “strengthen Nigeria’s fiscal framework, improve the business and investment environment, enhance fiscal transparency and accountability, and support sustainable economic growth.”

It listed five key areas for submissions, including taxation and revenue administration; fiscal policy and management; fiscal responsibility, transparency and accountability; financial and economic regulation; and other related matters.

On taxation and revenue administration, the ministry said stakeholders could make submissions on tax policy, revenue mobilisation, compliance, taxpayer services, tax certainty, incentives, customs and excise, as well as coordination among revenue agencies.

The notice also invited proposals on revenue and expenditure management, budgeting, public financial management, fiscal sustainability, public debt and intergovernmental fiscal relations.

Other areas include budget discipline, financial reporting and disclosure, monitoring, accountability and institutional oversight.

The ministry said stakeholders could also propose reforms relating to capital markets, investment and cross-border capital flows, anti-money laundering, financial reporting and other regulations with significant fiscal or economic implications.

On priority considerations, the government said submissions should address “gaps, ambiguities, inconsistencies or implementation challenges in existing laws and regulations.”

It also urged contributors to focus on reducing unnecessary regulatory and administrative burdens and improving the ease of doing business, investment, productivity and economic efficiency.

The notice further called for proposals aimed at harmonising conflicting or overlapping provisions, reducing leakages, abuse and regulatory arbitrage, and strengthening institutional coordination, transparency and accountability.

The ministry added that reforms should improve revenue mobilisation and fiscal sustainability “without unnecessarily constraining economic activity.”

It urged contributors, as far as possible, to identify the relevant law and specific provision requiring amendment and provide proposed drafting language.

“General recommendations are also welcome but may be less useful for legislative drafting,” the notice stated.

The ministry said submissions could be made by email through [email protected], with the deadline set for Friday, September 11, 2026.

Contributors may also use the proposal template provided in the notice or complete an online form through the QR code provided by the ministry.

The template requests details including the contributor or organisation, contact person, email and telephone number, sector or industry, and state or location.

Stakeholders are also expected to outline the issue, relevant law and existing provision, proposed amendment or draft provision, and the justification and expected impact of each proposal.

The ministry said, “The Federal Government values stakeholders’ contributions and encourages the submission of clear, practical and implementable proposals capable of delivering measurable improvements in Nigeria’s fiscal and economic outcomes.”