Top Story

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

936
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  Breaking: Peter Obi's Labour Party rejects Presidential Tribunal's judgment

Leave a comment

Related Articles

Breaking: Many Feared Dead in Anambra Student Hostel Collapse

A tragic late-night collapse of a three-storey student lodge in Amokpala, Anambra...

Rail Transport Key to Fighting Poverty, NRC Boss Says; Rules Out Unilateral Fare Hike

Managing Director of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, says...

Breaking: Bandits Strike in Kebbi, Abduct High Court Judge From Home

Days after launching an attack in Zamfara State on Thursday, bandits hit...

Security Breach: Super Falcons Robbed of Over $1,200 At Casablanca Hotel

By Samuel Akpan in Morocco A security issue has emerged at the...