Nigeria, April 15 -- President Bola Ahmed Tinubu on Tuesday said Nigeria's old tax system, rooted in colonial-era laws, contributed to poverty and inefficiency, as he defended ongoing reforms aimed at restructuring the country's revenue framework.

He spoke in Abuja during the commissioning of the new headquarters of the Nigeria Revenue Service (NRS), where he outlined his administration's efforts to overhaul taxation and improve fiscal governance.

According to the president, the previous system was characterised by fragmentation, multiple taxation layers and inconsistencies, which, according to him, weakened economic growth and public confidence.

"On my inauguration day, I made a solemn pledge that we will move Nigerians from the dimne...