President Tinubu Confirms January 2026 Implementation of New Tax Laws in Nigeria

President-Bola-Tinubu

President Bola Tinubu has affirmed that Nigeria’s new tax laws will take effect from January 1, 2026, as scheduled, addressing objections raised by some groups.

In a statement released on Tuesday, President Tinubu clarified that the reforms are not intended to increase taxes but to create a more harmonized and efficient tax system.

Acknowledging public concerns, the President said that while discussions and agitations have emerged, no significant issue has been presented that would justify delaying the implementation. He emphasized that the government is committed to due process and will work closely with all relevant stakeholders, including the National Assembly, to resolve any issues that arise.

“The new tax laws, including those enacted on June 26, 2025, as well as those set to commence on January 1, 2026, will proceed as planned,” President Tinubu stated. “These reforms represent a once-in-a-generation opportunity to establish a fair, competitive, and resilient fiscal framework for our nation.”

He further explained that the tax laws are designed to support structural reform, promote harmonization, and safeguard citizens’ dignity, rather than to increase the tax burden.

President Tinubu urged all stakeholders to actively support the implementation phase, describing it as a critical stage in delivering the country’s fiscal reforms. He stressed that absolute trust in governance comes from careful, considered decisions rather than reactive measures.

“Our administration remains committed to upholding the integrity of enacted laws and ensuring proper process in addressing any concerns,” the statement added. “We will continue collaborating with the National Assembly to resolve any outstanding issues quickly, always acting in the best interest of Nigerians and promoting a tax system that encourages prosperity and shared responsibility.”

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