Presidency confirms January 2026 take-off for new tax laws

Presidency confirms January 2026 take-off for new tax laws

The Presidency has reaffirmed that Nigeria’s new tax laws will commence as scheduled on January 1, 2026, dismissing speculations that the reform process may be halted or altered.

In a State House press statement, the Federal Government said the tax reforms, including those that took effect on June 26, 2025, and the remaining acts billed to begin in 2026, would be implemented as planned.

The Presidency described the reforms as a “once-in-a-generation opportunity” to establish a fair, competitive and resilient fiscal framework for the country, stressing that the laws are not intended to increase taxes but to drive structural reforms, promote harmonisation and strengthen the social contract while protecting the dignity of citizens.

President Bola Ahmed Tinubu urged all stakeholders to support the implementation phase of the reforms, noting that the process has now moved firmly into the delivery stage.

Addressing public debate over alleged amendments to certain provisions of the newly enacted laws, the Presidency said no substantial issue has been identified that would justify disrupting the reform process. It added that public trust is built through consistent, well-considered decisions rather than hasty or reactive actions.

The President reaffirmed his administration’s commitment to due process and the integrity of enacted legislation, pledging continued collaboration with the National Assembly to ensure the prompt resolution of any issues that may arise.

He assured Nigerians that the Federal Government would continue to act in the overriding public interest to deliver a tax system that supports economic prosperity and shared responsibility.

President Tinubu, GCFR, is the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria.

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