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

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

Ogungbayi Feyisola Faesol
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Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
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Published: 2025/12/30
2 Min Read
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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.

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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.

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TAGGED:Bola Tinubu StatementJanuary 2026 ImplementationTax Reforms Commencement
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