New Tax Laws To Take Effect January 1, 2026 As Planned, President Tinubu Insists

Wednesday December 31, 2025
www.thenewsdesk.ng

The Federal Government has reaffirmed that Nigeria’s new tax laws will commence fully on January 1, 2026, as scheduled, dismissing calls for suspension or delay amid rising public debate.

In a State House press statement issued Tuesday, December 30, President Bola Ahmed Tinubu said the tax reforms represent a “once-in-a-generation opportunity” to rebuild Nigeria’s fiscal framework and strengthen the social contract between government and citizens.

“The new tax laws, including those that took effect on June 26, 2025, and the remaining Acts scheduled to commence on January 1, 2026, will continue as planned,” the President declared.

Tinubu stressed that the reforms are not intended to increase taxes, but to deliver a structural reset that promotes fairness, harmonisation, competitiveness and dignity in the tax system.

“These reforms are designed to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract,” he said, urging stakeholders to shift focus to implementation.

The President acknowledged ongoing public discourse over alleged alterations to some provisions of the tax laws but insisted that no substantive issue had been established to justify disrupting the reform process.

“No substantial issue has been established that warrants a disruption of the reform process,” Tinubu said, adding that trust in governance is built through consistent, well-considered decisions rather than “premature, reactive measures.”

He reaffirmed his administration’s commitment to due process and the integrity of enacted legislation, pledging cooperation with the National Assembly to address any genuine concerns that may arise during implementation.

“The Presidency will work with the National Assembly to ensure the swift resolution of any issue identified,” the statement said.

President Tinubu assured Nigerians that the Federal Government would continue to act in the overriding public interest to ensure a tax system that supports prosperity, shared responsibility and long-term economic stability.