President Bola Tinubu has announced that the Federal Government will proceed with the implementation of new tax laws from January 1, 2026, as earlier planned. The President made this known on Tuesday through a statement he personally signed, stating that there would be no suspension or delay in the commencement of the laws.
He explained that the tax reforms, including those signed into law on June 26, 2025, are designed to reset the country’s tax system and improve how revenue is collected and managed. According to him, the new laws are not meant to impose additional tax pressure on Nigerians but to correct long-standing structural issues and bring better coordination to tax administration.
Tinubu said the reform process has moved into the implementation stage and that there are no serious concerns that justify stopping or postponing the rollout. He called on government agencies, lawmakers, businesses, and other stakeholders to support the process and allow the reforms to take effect.
The President also assured Nigerians that his administration remains committed to due process and respect for the law. He stated that the government would continue to work closely with the National Assembly to address any issues that may arise during implementation.
Earlier, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, confirmed after a meeting with the President on December 26, 2025, that the final phase of the reforms would begin as scheduled. This phase includes the Nigeria Tax Act and the Nigeria Tax Administration Act.
Oyedele explained that the reforms are structured to reduce the burden on low-income earners and small businesses. He said government projections show that most Nigerian workers and small business owners will either be exempt from taxes or pay much less under the new system.
The Federal Government has maintained that the tax reforms are aimed at building a fairer system that supports economic growth and shared responsibility across the country.
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