NRS urges content creators to register businesses for tax relief

The Nigeria Revenue Service (NRS) has urged content creators and other operators in the creative industry to formalise their businesses, obtain tax identification numbers, and maintain proper financial records to access tax incentives and investment opportunities. During a tax policy discussion at the Creative Africa Nexus Weekend 2026 in Lagos, officials from the agency explained how the country's tax reforms could support creative entrepreneurs, improve compliance, and attract investment.

Assistant Director Simeon Onyegbula emphasized that formalising businesses, registering for tax IDs, and keeping accurate records were essential for accessing tax reliefs and growing the business.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.