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AfDB Approves $5.52 Million Grant to Boost Tax Administration in Nigeria and West Africa

Victoria Emeto by Victoria Emeto
March 17, 2026
in Economy
0
AfDB Approves $5.52 Million Grant to Boost Tax Administration in Nigeria and West Africa

African Development Bank Group has approved a $5.52 million grant to strengthen tax administration and improve domestic revenue mobilisation in Nigeria and several West African countries. The grant agreement was signed with the West African Tax Administration Forum.

The initiative is designed to help participating countries modernise their tax systems, strengthen governance structures, and boost revenue collection to support development priorities across the region.

According to the bank, improving tax administration is increasingly critical for West African governments seeking to expand domestic revenue and reduce reliance on external borrowing. More efficient tax systems would enable governments to generate the fiscal space needed to fund infrastructure, social services, and other development programmes.

“Strengthening tax administration is essential for creating the fiscal space needed to support economic development across West Africa,” said Abdul B. Kamara.

The grant aligns with the AfDB’s broader mission to support sustainable economic growth, promote good governance, and enhance the capacity of member countries to manage public resources effectively.

Tags: #AfDB#RevenueMobilisation#TaxAdministration#WestAfricaDevelopment
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