Home » Nigeria’s new tax laws begin January 1, 2026, Tinubu affirms

Nigeria’s new tax laws begin January 1, 2026, Tinubu affirms

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Abdullateef Fowewe

President Bola Tinubu has affirmed that Nigeria’s sweeping tax reforms, including key provisions set to commence on January 1, 2026, will proceed without delay despite public concerns.

Tinubu in a statement he personally signed on Tuesday, addressed rumours of potential changes to the laws, which partially took effect on June 26, 2025.

He emphasised the reforms’ role in modernising the nation’s fiscal system.

“These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country,” Tinubu stated.

He clarified that the laws aim not to increase taxes but to achieve a “structural reset, drive harmonisation, and protect dignity while strengthening the social contract.”

The President urged stakeholders to back the implementation phase, now in its “delivery stage,” and dismissed disruptions.

“No substantial issue has been established that warrants a disruption of the reform process,” he noted.

“Absolute trust is built over time through making the right decisions, not through premature, reactive measures.”

Tinubu reiterated his administration’s commitment to due process, pledging collaboration with the National Assembly for any necessary resolutions.

“I assure all Nigerians that the Federal Government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility.”

The announcement comes amid ongoing public discourse on the reforms’ impact, with the government positioning them as essential for long-term economic stability.

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