Top Story

No Going Back: New Tax Laws Will Commence on January 1, 2026 – Pres. Tinubu

1.2k
Advertisement




In a State House statement issued on Tuesday, the Presidency said all tax reforms already in force since June 26, 2025, alongside the remaining acts due to begin in 2026, would proceed without disruption, describing the reforms as a “once-in-a-generation opportunity” to rebuild Nigeria’s fiscal foundation.

The President stressed that the new laws are not intended to impose higher taxes on Nigerians but to reset the tax structure, harmonise existing frameworks, protect citizens’ dignity, and strengthen the social contract between government and the people.

Acknowledging the ongoing public debate and resistance to aspects of the reforms, Tinubu maintained that no substantial issues have emerged to justify halting or delaying implementation, warning against what he described as premature and reactive decisions.

The Presidency assured Nigerians that it remains committed to due process and the integrity of enacted legislation, adding that the Federal Government would continue to work with the National Assembly to swiftly address any concerns that may arise.

Tinubu reiterated that the administration would act in the overriding public interest to deliver a tax system that supports national prosperity, fairness, and shared responsibility, insisting that the January 1, 2026 commencement date remains firm despite opposition.

Author

See also  Buhari names Lafiya Mohammed new IGP, decorates him with  new rank

Leave a comment

Related Articles

Atiku blows hot, says court judgment against Mark targets his presidency

By Segun Adebayo Former Vice President Atiku Abubakar has described the Federal...

Breaking: 2027 Blow: Court Sacks Mark-Led ADC Exco, Voids Atiku’s Ticket

In a major legal setback for the African Democratic Congress (ADC), a...

Flamingos Stun Brazil 3-1 to Reach First U-17 World Cup Final

By Samuel Akpan Nigeria’s Flamingos have stormed into their first FIFA U-17...

After Lesser Hajj, Tinubu Heads Back To Abuja

By Omoyeni Ojeifo Following the completion of President Bola Ahmed Tinubu’s Umrah...