New Tax Laws to Take Effect January 1, 2026 — Presidency

The Presidency has reaffirmed that Nigeria’s newly enacted tax laws will commence as scheduled on January 1, 2026, including provisions that already took effect from June 26, 2025, dismissing suggestions of any delay or suspension of the reforms.

The Presidency has reaffirmed that Nigeria’s newly enacted tax laws will commence as scheduled on January 1, 2026, including provisions that already took effect from June 26, 2025, dismissing suggestions of any delay or suspension of the reforms.

In a statement issued on Tuesday, President Bola Ahmed Tinubu described the tax reforms as a “once-in-a-generation opportunity” to establish a fair, competitive and resilient fiscal framework capable of strengthening Nigeria’s economic foundation.

The President clarified that the new tax laws are not intended to increase the tax burden on citizens, but to achieve a structural reset of the tax system, promote harmonisation, protect human dignity and reinforce the social contract between government and the people.

He urged all stakeholders to support the implementation phase of the reforms, noting that the process has moved decisively into the delivery stage.

Addressing public debates over alleged amendments to certain provisions of the laws, President Tinubu said no substantial issues have been identified that would justify disrupting the reform process. He stressed that public trust is earned through consistent and well-considered decisions rather than “premature, reactive measures.”

The President reaffirmed his administration’s commitment to due process and the sanctity of enacted legislation, assuring that the Presidency would continue to engage the National Assembly to promptly resolve any concerns that may arise during implementation.

President Tinubu further assured Nigerians that the Federal Government remains committed to acting in the overriding public interest, with the goal of building a tax system that promotes shared responsibility, economic growth and national prosperity.

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