The Budget Office of the Federation has cautioned Nigerians against giving credence to unverified claims and speculation surrounding the country’s newly enacted tax laws, which take effect on Thursday, January 1, 2026.
In a statement issued on Wednesday, the Director-General of the Budget Office, Tanimu Yakubu, affirmed the integrity of the tax reforms and warned that the circulation of unsubstantiated information could undermine public trust and democratic governance.
“A nation cannot be governed by insinuation or sustained on circulating documents of uncertain origin,” the statement read, emphasizing that once public confidence is eroded by speculation, it is often difficult to restore.
The office stressed that authorities remain committed to transparency and accountability, and that governance and reform should not be stalled by unresolved conjecture.
The warning comes amid calls from the Minority Caucus of the House of Representatives, former Senate Leader Ali Ndume, the Nigeria Labour Congress, and other stakeholders to suspend the new tax laws. Despite these demands, President Bola Ahmed Tinubu has reiterated that the reforms will be implemented as scheduled on January 1, 2026.