By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: President Tinubu Insists New Tax Laws Will Commence January 1, 2026
Font ResizerAa
Okay NewsOkay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
2025 © Okay International Limited - All rights reserved
Finance

President Tinubu Insists New Tax Laws Will Commence January 1, 2026

Ogungbayi Feyisola Faesol
By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okay.ng, reporting on business, technology, and current events with clear, engaging, and timely coverage.
Follow:
Published: 2025/12/30
2 Min Read
Share
SHARE

President Bola Ahmed Tinubu, Nigeria’s current leader, has reaffirmed that the country’s new tax reform laws will take effect as scheduled on January 1, 2026, dismissing calls for delays amid ongoing public discourse.

Okay News reports that in a statement issued on December 30, 2025, the President described the reforms as a “once-in-a-generation opportunity” to establish a fair, competitive, and robust fiscal system.

He emphasised that the laws, some of which commenced on June 26, 2025, are not intended to increase taxes but to achieve structural harmonisation, protect citizens’ dignity, and strengthen the social contract.

Tinubu urged stakeholders to support the implementation phase, now in its delivery stage, highlighting the administration’s commitment to due process and legal integrity.

- Advertisement -

The President acknowledged debates over alleged changes to certain provisions but stated no substantial issues have been identified that justify disrupting the process.

He stressed that trust is earned through consistent right decisions rather than premature reactions.

Tinubu pledged collaboration with the National Assembly to swiftly address any valid concerns raised.

The reforms include measures to streamline revenue administration, expand the tax base, and reduce multiple taxation burdens on businesses and individuals.

Recent court challenges and industry criticisms, particularly from the aviation sector, have fuelled discussions ahead of the commencement date.

The President’s assurance underscores the government’s resolve to prioritise public interest in building a tax system that fosters prosperity and shared responsibility.

TAGGED:Bola Tinubu StatementJanuary 2026 ImplementationTax Reforms Commencement
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Akume’s First Wife Urges SGF to Return to Christianity After Marriage to Queen Zaynab Ngohemba
Next Article Bangladesh Mourns as Former Prime Minister Khaleda Zia Dies at 79

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

You Might Also Like

Finance

Billionaire Femi Otedola Nets ₦896 Billion from Geregu Power Stake Sale

By
Ogungbayi Feyisola Faesol
2 Min Read
Finance

Federal Government Rejects Claims New Tax Reforms Will Spike Airfares

By
Ogungbayi Feyisola Faesol
2 Min Read
Finance

SERAP Sues Nigeria’s 36 Governors and FCT Minister Over ₦14 Trillion Fuel Subsidy Savings

By
Ogungbayi Feyisola Faesol
2 Min Read
Okay NewsOkay News
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up