News
New tax laws commences January 1, 2026 as planned–Tinubu
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.
These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.
The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.
I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.
Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not through premature, reactive measures.

I emphasise our administration’s unwavering commitment to due process and the integrity of enacted laws. The Presidency pledges to work with the National Assembly to ensure the swift resolution of any issue identified.
I assure all Nigerians that the Federal Government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility.
Bola Ahmed Tinubu, GCFR
President, Commander-in-Chief of the Armed Forces,
Federal Republic of Nigeria
December 30, 2025
-
News1 day agoCardoso formally receives Central Bank of the Year Award
-
Finance2 hours agoElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
-
Economy1 day agoNigeria’s Digital Boom needs nuclear power partnerships for long-term success
-
Uncategorized1 day ago
June 12 Democracy Day declaration not enough, as citizens wallow in pain – ActionAid, FG declares Friday public holiday
-
Stock Market2 hours agoFG to raise N4trn bond to settle electricity debt
-
Oil and Gas1 day agoNNPC is house of thieves, fraud; Kyari must be arrested dead or alive to account for N210 trillion—Oshiomhole
-
Oil and Gas1 day agoDangote Refinery seeks $1bn private placement ahead of planned listing
-
News1 day agoMiddle East Conflict sends global growth to lowest rate since COVID-19, WBG to Provide up to $100bn for Affected countries over 15 Months—WBG
