President Bola Tinubu has confirmed that Nigeria’s new tax laws will take effect as scheduled on January 1, 2026, despite objections from some quarters.
In a statement on Tuesday, the President clarified that the new laws are not aimed at increasing taxes but are intended to promote harmonisation and strengthen the country’s fiscal framework.
President Tinubu acknowledged public concerns over the reforms but said no substantial issues have been raised to justify delaying their implementation.
“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,” he said.
Describing the reforms as a “once-in-a-generation opportunity,” the President noted that the laws aim to build a fair, competitive, and robust fiscal system, support a structural reset, drive harmonisation, and protect citizens’ dignity while strengthening the social contract.
He urged all stakeholders to support the implementation phase, which he said is now in full delivery. “Absolute trust is built over time through making the right decisions, not through premature, reactive measures,” Tinubu added.
The President also reassured Nigerians that his administration remains committed to due process and the integrity of enacted laws, pledging to work with the National Assembly to swiftly resolve any issues identified with the reforms.
“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,” the statement concluded.