Nigerians should prepare for January tax reforms – Tinubu

TheColumnist
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President Bola Ahmed Tinubu has urged Nigerians to prepare for the full implementation of the Federal Government’s new tax laws, which are scheduled to take effect from January 1, 2026.

In a statement personally signed on Tuesday, the President said the tax reforms, including those enacted on June 26, 2025, would be implemented as planned, stressing that there would be no delay in their commencement.

Tinubu described the reforms as a critical step toward building a stronger and more efficient fiscal system, noting that they represent a rare opportunity to lay a solid foundation for fairness, competitiveness, and long-term economic stability.

The President clarified that the new laws are not aimed at imposing additional tax burdens on Nigerians but are designed to restructure the tax system, improve harmonisation across agencies, and strengthen the social contract between government and citizens.

He called on businesses, taxpayers, and other stakeholders to support the implementation process, adding that the reform programme has moved fully into the delivery phase.

According to Tinubu, no major issues have emerged that would justify postponing the reforms, emphasising that confidence in governance is built through consistency and sound decision-making rather than abrupt policy reversals.

The President reaffirmed his administration’s commitment to due process and respect for the integrity of laws duly passed, assuring Nigerians that the government would continue to work closely with the National Assembly to address any concerns.

Tinubu further assured that the reforms would be carried out in the overriding public interest, with the goal of creating a tax system that promotes shared responsibility, economic growth, and national prosperity.

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