President Bola Tinubu has said the implementation of the newly enacted tax reform laws will begin as scheduled on January 1, 2026.
In a statement issued on Tuesday, the president described the reforms as a once-in-a-generation opportunity to establish a fair, competitive, and resilient fiscal framework, stressing that they are not intended to increase taxes.
Tinubu noted that while some of the tax laws took effect on June 26, 2025, others are slated to commence on January 1, 2026, adding that the implementation timeline remains unchanged.
“These reforms present a rare opportunity to build a fair, competitive, and robust fiscal foundation for our country,” he said.
He explained that the tax laws are aimed at driving structural reforms, harmonising the tax system, and safeguarding citizens’ dignity, rather than raising tax rates, while also strengthening the social contract between the government and the people.
The president urged all stakeholders to support the implementation process, describing the reforms as having entered a critical delivery phase.
Addressing public concerns over alleged alterations between the tax laws passed by the National Assembly and those later gazetted, Tinubu acknowledged the ongoing debate but maintained that there is no compelling reason to halt the reform process.
“Our administration is aware of the public discourse surrounding alleged changes to certain provisions of the recently enacted tax laws,” he said.
“However, no substantial issue has been identified that would justify disrupting the reform process. Trust is built over time by making the right decisions, not through hasty, reactive actions.”
He reaffirmed his administration’s commitment to due process and the integrity of enacted laws, pledging collaboration with the National Assembly to swiftly resolve any issues that may arise.
Tinubu assured Nigerians that the Federal Government would continue to act in the public interest to deliver a tax system that promotes prosperity and shared responsibility.