Tinubu insists new tax laws start January 1
President Bola Tinubu has reaffirmed that Nigeria’s new tax laws will take effect tomorrow, January 1, 2026, despite mounting calls for a delay. He said no substantial issue has been found to justify suspending the reforms, which he described as a once in a generation chance to build a fair and stronger fiscal system. Tinubu explained that the new tax laws are not aimed at simply raising taxes but at restructuring the system, harmonising levies and protecting citizens’ dignity while strengthening the social contract. He urged all stakeholders to support the implementation phase and promised that the Presidency will work with the National Assembly to quickly resolve any genuine concerns about the laws. He also responded to public criticism over alleged changes between the version of the tax laws passed by the National Assembly and the gazetted version. The President […]