Federal Government has reaffirmed that the newly enacted tax laws will commence on January 1, 2026, as scheduled, dismissing speculations about a possible delay or reversal of the reforms.
In a statement issued on Tuesday, President Bola Tinubu said the tax reforms, some of which already took effect on June 26, 2025, while others are slated for implementation in the new year, remain firmly on course.
President Tinubu who personally signed the statement described the reforms as a “once-in-a-generation opportunity” to establish a fair, competitive, and resilient fiscal framework for Nigeria, stressing that the laws are not intended to impose additional tax burdens on citizens.
According to the President, the new tax regime is designed to drive structural reforms, promote harmonisation across the tax system, protect human dignity, and strengthen the social contract between the government and the people.
The President urged all stakeholders to support the implementation phase, noting that the reform process has now moved decisively into the delivery stage.
Addressing public debates over alleged amendments to certain provisions of the laws, Tinubu said no substantial issues have been identified that would justify halting or disrupting the reforms.
He cautioned against what he described as premature and reactive decisions, noting that trust in governance is built through consistent and well-considered actions over time.
He reaffirmed his administration’s commitment to due process and the sanctity of enacted legislation, pledging continued collaboration with the National Assembly to promptly resolve any issues that may arise during implementation.
President Tinubu assured Nigerians that the Federal Government would continue to act in the overriding public interest, with the goal of building a tax system that supports economic prosperity, fairness, and shared responsibility across the country.
(Editor: Terverr Tyav)
