President Bola Tinubu has confirmed that Nigeria’s new tax laws will commence as scheduled. The reforms include laws enacted on June 26, 2025, and others beginning January 1, 2026.
In a personally signed statement, Tinubu described the reforms as transformational for Nigeria’s economy. He called them a rare opportunity to build a fair, competitive, and resilient fiscal system.
The President clarified that the laws do not aim to raise taxes.Instead, they focus on structural reforms, tax harmonisation, and dignity for Nigerian taxpayers.
According to Tinubu, the reforms also strengthen the social contract between citizens and government. He urged stakeholders to support the implementation phase without unnecessary resistance. Tinubu noted that the reform process has entered a decisive delivery stage. He stressed that no serious issue justifies halting or delaying implementation.
The President emphasized that trust grows through consistent, responsible leadership decisions. He warned against reactive actions that could undermine long-term economic stability.
Furthermore, Tinubu reaffirmed his administration’s respect for due process and enacted legislation. He pledged continued collaboration with the National Assembly to address emerging concerns. The government, he assured, remains committed to acting in the public interest.
Its goal is a tax system that encourages prosperity and shared national responsibility. Tax reform committee chairman Taiwo Oyedele highlighted the pro-people design of the laws. He explained that the framework shifts tax burdens away from vulnerable Nigerians.
Government projections show nearly 98 percent of workers will gain tax relief. Additionally, 97 percent of small businesses will enjoy exemptions or sharply reduced liabilities.
