By Staff Reporter
The Federal Government has reaffirmed that the new tax laws recently enacted will commence fully on January 1, 2026, as originally scheduled, despite ongoing public debate surrounding some of their provisions.
In a State House press statement issued on Tuesday, President Bola Ahmed Tinubu said the tax reforms, including those that took effect on June 26, 2025, and the remaining acts billed for implementation in 2026, would proceed without disruption.
According to the President, the reforms represent a “once-in-a-generation opportunity” to establish a fair, competitive, and resilient fiscal framework for Nigeria.
“The tax laws are not designed to raise taxes,” Tinubu said. “Rather, they are intended to support a structural reset, drive harmonisation, protect dignity, and strengthen the social contract.”
He acknowledged the public discourse and concerns over alleged changes to certain provisions of the newly enacted laws but stressed that no substantial issue had been identified to justify halting or reversing the reform process.
“No substantial issue has been established that warrants a disruption of the reform process,” the President stated, adding that trust in governance is built through consistent and well-considered decisions, not through “premature, reactive measures.”
President Tinubu reiterated his administration’s commitment to due process and the sanctity of laws duly passed, assuring Nigerians that the Presidency would work closely with the National Assembly to swiftly address any issues that may arise during implementation.
He urged all stakeholders to support the reforms as they enter what he described as the “delivery stage,” noting that the Federal Government remains focused on acting in the overriding public interest.
“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.
The new tax laws are part of the administration’s broader fiscal and economic reform agenda aimed at improving efficiency, boosting investor confidence, and ensuring sustainable national development.
