The Nigeria Revenue Service urges members of the public and all stakeholders to disregard misinformation.
The Royal Father of the Day, Oba Saheed Ademola Elegushi, called the lecture timely, urging clear explanations and fair implementation of the reforms.
“Our interest is to make people prosper; because it’s in their prosperity that we’ll have our own revenues,” said Mr Adedeji.
N1.928 trillion, being the November Federation Account Revenue, has been shared among the federal, state, and local governments.
The 2026 budget proposal exceeds the revised 2025 budget, which stands at over N489 billion.
He said the engagement with the sector is imperative because of its immense contribution to the country.
“We will use data to engage with the people and design a solution for Nigeria that is made by Nigerians for the Nigerian people,” said Mr Oyedele.
FAAC said the federal government received N528.696 billion, and the state governments received N530.448 billion.
The total revenue of N1.703 trillion comprised statutory revenue of N749.727 billion and value-added tax (VAT) revenue of N718.781 billion.
Mr Bagudu said he was confident that more investments would follow the engagements of the Nigerian delegation to Saudi Arabia.
