TINUBU CONFIRMS JANUARY 2026 TAKE-OFF FOR NEW TAX LAWS
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By Aishat Momoh. O.
President Bola Ahmed Tinubu has reaffirmed that the implementation of Nigeria’s new tax laws will proceed as scheduled, with those enacted on June 26, 2025 already in force and the remaining acts set to commence on January 1, 2026.
In a statement personally signed on Tuesday, the President described the tax reforms as a “once-in-a-generation opportunity” to establish a fair, competitive and resilient fiscal framework for the country.
Tinubu clarified that the new tax laws are not designed to impose higher taxes on Nigerians, but rather to drive a structural reset of the tax system, promote harmonisation, protect citizens’ dignity and strengthen the social contract between the government and the people.
He urged all stakeholders to support the implementation phase, noting that the reform process has now moved firmly into the delivery stage. The President added that no substantial issues have emerged to justify halting or delaying the reforms.
“Absolute trust is built over time through making the right decisions, not through premature, reactive measures,” Tinubu said.
The President reaffirmed his administration’s commitment to due process and respect for the integrity of laws duly passed, pledging to work closely with the National Assembly to address any concerns that may arise during implementation.
He assured Nigerians that the Federal Government would continue to act in the overriding public interest to ensure a tax system that promotes prosperity, equity and shared responsibility.
Meanwhile, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, had earlier confirmed that the final phase of implementation covering the Nigeria Tax Act and the Nigeria Tax Administration Act remains on track.
Following a high-level meeting with the President on Friday, December 26, 2025, Oyedele said the decision to proceed was informed by the “pro-people” nature of the reforms, which are designed to shift the tax burden away from vulnerable Nigerians.
According to government projections, the reforms will provide significant relief, with about 98 per cent of Nigerian workers and 97 per cent of small businesses expected to be fully exempt from taxes or to experience substantial reductions in their tax liabilities.
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