Despite objections from various quarters, President Bola Tinubu has affirmed that the reformed tax laws will take effect as scheduled on January 1, 2026.
The President made this known in a statement released on Monday night, December 30. He described the tax reforms as a once-in-a-generation opportunity to establish a fair, competitive, and resilient fiscal foundation for the country.
According to the statement, the new tax laws — including those that came into force on June 26, 2025, as well as the remaining acts set to commence on January 1, 2026 — will be implemented as planned.
President Tinubu stressed that the reforms are not aimed at increasing taxes but at driving structural adjustments, promoting harmonisation, safeguarding dignity, and strengthening the social contract between the government and citizens. He urged all stakeholders to support the implementation phase, noting that the reforms have entered the delivery stage.
Addressing public concerns over alleged changes to certain provisions of the laws, the President said no substantial issues have been identified that would justify halting the reform process. He added that trust is built through consistent and well-considered decisions, not through premature or reactive actions.
The President reaffirmed his administration’s commitment to due process and the integrity of enacted laws, pledging continued collaboration with the National Assembly to swiftly address any concerns that may arise. He assured Nigerians that the Federal Government would continue to act in the overriding public interest to ensure a tax system that promotes prosperity and shared responsibility.
