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    Cardoso outlines Nigeria’s approach to credible monetary policy at IMF forum

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FG Confirms New Tax Laws to Take Effect January 1, 2026

Tunde Abiola by Tunde Abiola
December 30, 2025
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The Federal Government has reaffirmed that Nigeria’s newly enacted tax laws will commence as scheduled on January 1, 2026, despite public debates surrounding some of their provisions.

In a statement issued from the State House on Tuesday, President Bola Ahmed Tinubu said the tax reforms, including those that became effective on June 26, 2025, remain on course and will not be suspended.

The President described the reforms as a “once-in-a-generation opportunity” to establish a fair, competitive and sustainable fiscal framework for the country. He stressed that the laws are not aimed at increasing taxes but at resetting Nigeria’s tax structure, promoting harmonisation across the system and strengthening the social contract between government and citizens.

Tinubu acknowledged ongoing public discourse over alleged changes to some provisions of the tax laws but maintained that no substantial issue has been identified that would justify halting the reform process.

“Absolute trust is built over time through making the right decisions, not through premature, reactive measures,” the President said, adding that the implementation phase has now entered the delivery stage.

He further assured Nigerians of the administration’s commitment to due process and the integrity of enacted laws, noting that the Presidency would work with the National Assembly to swiftly address any issues that may arise.

The President reaffirmed that the Federal Government would continue to act in the public interest to ensure a tax system that promotes shared responsibility and national prosperity.

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