Finance Bill 2027: FG opens stakeholder submissions, sets September 2026 deadline

The Federal Government has invited Nigerians, businesses, investors, professional bodies, civil society organisations, academia and other stakeholders to submit proposals for the Finance Bill 2027. Submissions close on September 11, 2026.

The Federal Ministry of Finance said the exercise 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.

What the government is asking for

In a notice, the ministry 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.

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.

Priority areas for submissions

The ministry listed taxation and revenue administration as a key area, covering tax policy, revenue mobilisation, compliance, taxpayer services, tax certainty, incentives, customs and excise, and 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 can also submit on fiscal responsibility, transparency and accountability, including budget discipline, financial reporting and disclosure, monitoring, accountability and institutional oversight.

The ministry added financial and economic regulation, 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.

How to make a strong submission

The government said priority would go 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.

The notice urged contributors, “as far as possible,” to identify the relevant law and specific provision requiring amendment and provide the proposed draft language. General recommendations will still be considered, but the government warned they may 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.