The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has defended the current administration’s economic reforms, attributing the country’s improved fiscal position to the removal of unsustainable fuel subsidies and tax policy changes. Adedeji identified four key inherited economic distortions: an unsustainable fuel subsidy, an opaque foreign exchange market, an underperforming oil sector, and a narrow tax base. Defending the government against criticism regarding current living costs, he claimed that poverty levels would have doubled without these reforms. He further highlighted that government revenue is on track to exceed 40 trillion naira in 2026, citing gains in state finances, student loan disbursements, and a significant rise in stock market capitalization as indicators of successful fiscal stabilization.