Nigeria, Sept. 16 -- A former Speaker of the House of Representatives, Yakubu Dogara, has said that under President Bola Tinubu's tax reforms, it is now a legal requirement for every taxable person, including companies, to obtain a tax identification number (TIN) before opening or continuing to operate a bank account in Nigeria.

Mr Dogara, who also chairs the National Constitutional Governance Council (NCGC), said this on Tuesday while delivering a keynote address at the inaugural Distinguished Parliamentarian Lecture in Abuja.

The lecture was themed "Navigating Tax Reforms in Nigeria: Insights on President Bola Tinubu's Policies."

He explained that the provision is embedded in the Nigeria Tax Administration Act (NTAA), one of four new...