By Chibuzor Alli
The Federal Government has invited Nigerians, businesses and other stakeholders to submit proposals ahead of the drafting of the Finance Bill 2027.
The Federal Ministry of Finance said submissions should focus on practical, evidence-based legislative and regulatory reforms aimed at strengthening Nigeria’s fiscal framework and improving the business and investment environment.
The ministry made the call in a notice published on its official X account on Friday.
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 was intended 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.”
The government identified five broad areas for submissions: taxation and revenue administration; fiscal policy and management; fiscal responsibility, transparency and accountability; financial and economic regulation; and other related matters.
Areas for submissions
On taxation and revenue administration, the ministry said stakeholders could submit proposals on tax policy, revenue mobilisation, compliance, taxpayer services, tax certainty, incentives, customs and excise, and coordination among revenue agencies.
It 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.
It said submissions should address “gaps, ambiguities, inconsistencies or implementation challenges in existing laws and regulations.”
The government also urged stakeholders to identify measures that could reduce unnecessary regulatory and administrative burdens and improve the ease of doing business, investment, productivity and economic efficiency.
It 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 said reforms should improve revenue mobilisation and fiscal sustainability “without unnecessarily constraining economic activity.”
Government seeks specific proposals
The ministry encouraged contributors, where 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.
Submissions can be sent by email to financebill2027@fmf.gov.ng by Friday, 11 September 2026.
Contributors can also use the proposal template provided in the notice or complete an online form through the QR code included by the ministry.
The template asks contributors to provide details including their name or organisation, contact person, email address, 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, as well as 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.”
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