Ololade Adeyanju/
President Bola Ahmed Tinubu has reaffirmed that the remaining components of Nigeria’s landmark tax reforms will officially commence on January 1, 2026, dismissing speculations of alterations or suspension.
In a statement issued from the State House, Abuja, today, the President described the reforms as a “once-in-a-generation opportunity” to rebuild the nation’s fiscal foundation.
According to Tinubu, the new legislations, including those already implemented on June 26, 2025, and the next phase slated for January, are not intended to impose additional tax burdens on Nigerians. Rather, he said, they are crafted to harmonise and modernise the tax regime, protect dignity, and strengthen Nigeria’s social contract.
“These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country,” the President stated. “The tax laws are not designed to raise taxes, but to support a structural reset.”
The statement noted that while public debate is ongoing and concerns have been raised regarding alleged changes to some provisions of the tax laws, no issues have emerged strong enough to justify delaying implementation.
Tinubu emphasised that good governance is founded on deliberate decision-making, not reactive policy reversals.
“No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not premature, reactive measures,” he said.
Tinubu also reiterated his administration’s commitment to due process, assuring Nigerians that the Presidency will collaborate with the National Assembly to swiftly address any identified gaps.
“I assure all Nigerians that the Federal Government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility,” the statement read.
With implementation now “firmly in the delivery stage,” the President urged stakeholders, including businesses, civic groups, regulatory agencies, and taxpayers, to give full support to the execution phase of the reforms.
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