President Bola Ahmed Tinubu has reaffirmed that Nigeria’s landmark tax reform laws will take effect as scheduled on January 1, 2026, describing the changes as a “once-in-a-generation opportunity” to establish a fairer and more competitive fiscal system.
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The President stated that the new tax laws, including those that came into effect on June 26, 2025, as well as the remaining Acts scheduled to commence on January 1, 2026, would proceed as planned.
According to him, the reforms represent a rare opportunity to build a fair, competitive, and robust fiscal foundation for the country.
President Tinubu explained that the tax laws are not designed to increase taxes but to support a structural reset of the system, drive harmonisation, protect dignity, and strengthen the social contract between the government and the people.
He urged all stakeholders to support the implementation phase, noting that the reforms have now firmly entered the delivery stage.
The President also acknowledged public discourse surrounding alleged changes to some provisions of the recently enacted tax laws, stressing that no substantial issue has been established to warrant a disruption of the reform process.
He noted that trust is built over time through consistent and well-considered decisions, rather than through premature or reactive measures.
Reaffirming his administration’s commitment to due process and the integrity of enacted laws, President Tinubu said the Presidency would continue to work with the National Assembly to ensure the swift resolution of any issues identified.
He assured Nigerians that the Federal Government would always act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility.
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