Tinubu: New Tax Laws Will Commence Jan. 1 As Planned

Posted on December 30, 2025

President Bola Tinubu has declared that the new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.

In a statement Tuesday, the President noted that these reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.

“The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract,” he said.

President Tinubu added: “I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.

“Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.

“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 through premature, reactive measures.

“I emphasise our administration’s unwavering commitment to due process and the integrity of enacted laws. The Presidency pledges to work with the National Assembly to ensure the swift resolution of any issue identified.

“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,” President Tinubu stated.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated... Continue
As Nigeria marks another historic June 12 Democracy Day, prominent political leader, Aarebirin Hon.... Continue
OLALEKAN ONI As Nigeria marks another Democracy Day, the Executive Chairman of Ikeja Local... Continue
JMG Limited, Nigeria’s foremost integrated electromechanical solutions company is celebrating 28 years of innovation, growth, and industry leadership, ... Continue
Insight Redefini Group, Nigeria and West Africa’s largest integrated marketing communications network and a... Continue
BY FUNSHO AROGUNDADE Access Holdings Plc Chairman Aigboje Aig-Imoukhuede said the group has completed... Continue
These are the details of proposed Constitutional Amendments for the Establishment of the State... Continue
Fellow Nigerians Today, we celebrate democracy and the enduring Nigerian spirit. For 27 unbroken... Continue
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has reaffirmed... Continue
A Federal High Court in Abuja has sentenced five persons, including two citizens of... Continue

UBA


Access Bank

Twitter

Sponsored