Economy

New Tax Laws: No Going Back on January 01, 2026 Commencement—Tinubu

Posted on

  • Calls on stakeholders to support Implementation phase

Nigerian president, Bola Ahmed Tinubu has declared that the country’s new tax regime will take off as planned on January 01, 2026, calling on all stakeholders to support the implementation phase.

The assertion was contained in a statement dated December 30, 2025, titled “New Tax Laws Will Commence on January 1, 2026 as planned” signed by President Tinubu and made available to Westafrica BusinessNews.

The statement emphasized that 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, President Tinubu said, are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.

According to the Presi- dent, 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.

Calling for support from stakeholders, Presi- dent Tinubu said “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”

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Exit mobile version