Economy

Nigeria Signs Tax Data Agreement With France

Nigeria has entered into a tax data cooperation agreement with France as part of efforts to strengthen digital tax administration and improve revenue collection efficiency.

The agreement establishes a formal framework for collaboration on tax-related data, information exchange, and technical support between both countries.

The move aligns with Nigeria’s broader push to modernise its tax system, expand the tax base, and improve compliance in an increasingly digital economy.

Authorities have been seeking tools and partnerships that can enhance data accuracy, reduce leakages, and support more effective tax assessments, particularly in cross-border transactions and digital services.

Under the agreement, cooperation is expected to focus on capacity building, knowledge transfer, and the use of technology to improve tax administration processes.

Digitalisation has become a central pillar of Nigeria’s fiscal reforms as the government works to reduce dependence on volatile revenue sources and strengthen non-oil income streams.

However, the agreement has attracted attention from policy analysts and stakeholders who are calling for clarity on data governance, protection standards, and national sovereignty considerations.

Ensuring that sensitive tax and financial data are managed securely and in line with Nigeria’s legal framework remains a key concern in discussions around international data-sharing arrangements.

Government officials have maintained that such partnerships are structured to respect domestic laws while supporting institutional strengthening.

They argue that international cooperation is increasingly necessary as economic activities become more globalised and digitally driven.

The tax data agreement with France represents another step in Nigeria’s ongoing fiscal reform agenda, with digital infrastructure and international collaboration positioned as tools to improve efficiency, transparency, and long-term revenue sustainability.