Politics

Tinubu Says New Tax Acts Proceed Despite Public Concerns

The Federal Government has confirmed that Nigeria’s new tax laws will take effect on January 1, 2026, assuring citizens that the reforms will continue as planned despite public debates over some provisions.

In a statement from the State House, President Bola Ahmed Tinubu said the tax reforms, including those already in force since June 26, 2025, are part of a broader effort to create a fair, harmonized, and robust fiscal system.

“These laws are not about raising taxes but about resetting the system, strengthening the social contract, and promoting fiscal fairness,” the President said.

The government emphasized that the implementation phase has now entered full delivery, urging all stakeholders to support the process. Addressing public concerns, Tinubu stated that no significant issue has been identified that would justify halting or revising the reforms.

The Presidency also reaffirmed its commitment to due process, pledging to work closely with the National Assembly to quickly resolve any challenges that arise.

According to the statement, the reforms are designed to simplify compliance for citizens and businesses, enhance transparency, and strengthen Nigeria’s overall economic framework, ensuring a tax system that supports shared responsibility and prosperity.

Tunde Alade

Tunde is a political Enthusiast who loves using technology to impact his immediate community by providing accurate data and news items for the good of the country.

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