Stakeholders converged in Lagos on Saturday for the 2026 Economic Summit organised by RCCG Lagos Province 35 to review Nigeria’s evolving tax framework and explore investment opportunities arising from recent fiscal reforms. The summit, themed “Economic Outlook 2026: Navigating Tax Reforms and Investment Opportunities,” took place at RCCG Christ Church, Gbagada, and featured discussions on tax management, entrepreneurship, AI, economic growth, productivity, and investment prospects.
Delivering the keynote address, Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, highlighted that ongoing tax and industrial reforms aim to strengthen investor confidence and promote private-sector-led growth. He noted the Federal Executive Council’s approval of a new Nigerian Industrial Policy in December as a milestone, alongside the digitisation of government services, improved regulatory coordination, and upgraded logistics infrastructure reshaping the business environment.
The summit also focused on the Tax Reform Act of 2025, which transformed the Federal Inland Revenue Service into the Nigerian Revenue Commission. The reforms introduced exemptions for SMEs, relief from corporate and value-added taxes, and expanded the scope of capital gains tax, with an emphasis on progressive taxation, compliance, and transparency.
Speakers, including economist Bismarck Rewane, stressed that fair and predictable taxation must be paired with efficient use of government resources. He projected a cautiously optimistic 2026 outlook with moderated inflation, easing monetary policy, fluctuating oil prices, and improved capital market performance. Other panelists, including Dr. Muda Yusuf and Elizabeth Olaghere (KPMG West Africa), highlighted the need for policy clarity, strategic incentives, and private sector engagement.
RCCG Lagos Province 35 reaffirmed its commitment to year-round economic development programmes, s acquisition training, and business masterclasses to equip Nigerians to thrive in the evolving fiscal and economic landscape.
I wonder if the summit will really lead to tangible ces or just be another talk fest. Excited to see the outcome!
Im not convinced this summit will actually lead to tangible tax reforms. It feels more like a PR move. What do you think?
I wonder if the summit will really bring about tangible ces or just be another talk shop. Excited to see the outcome!
Im not convinced that a religious organization should be hosting an economic summit. Feels like an odd mix.
I think tax reforms are crucial for economic growth, but will this summit actually lead to tangible ces? Lets wait and see!
I wonder if the summit will actually bring tangible ces or just be another talk fest. Time will tell!
I wonder if the summit will actually lead to tangible ces or just be another talk fest. Time will tell!
I wonder if this summit will actually lead to tangible ces in tax reforms or just be another talk shop. Lets wait and see!
I wonder if the summit will really bring tangible reforms or just be another talking shop. Excited to see the outcome!
Im not sure if tax reforms will really boost the economy. Maybe we need more innovative solutions instead. What do you think?
I dont get why theyre focusing on tax reforms in 2026. Shouldnt they be talking about more pressing issues? Seems odd.
I think focusing on tax reforms at a church event is strange. Shouldnt they stick to spiritual matters?
I wonder if the summit will focus on reducing tax burdens for small businesses. That could really boost the economy!
I wonder if the RCCG Economic Summit will really lead to tangible ces or just be another talk fest. Time will tell!
I wonder if this summit will actually lead to tangible ces in tax policies or just be another talk fest. Excited to see the outcome!
I wonder if these economic summits actually lead to tangible results or if theyre just for show. What do you think?
I wonder if this summit will actually lead to tangible ces in tax policies or just be another talk fest. Lets see!
Is it just me or does anyone else think hosting a summit on tax reforms in a religious setting is a bit odd? Just my two cents!