THE Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has announced that Nigeria’s newly signed tax laws will officially take effect on January 1, 2026.
Adedeji made the disclosure today while addressing State House correspondents, noting that the six-month window will allow adequate time for stakeholder sensitisation and government planning.
“It takes time for all stakeholders — participants, operators, and even the regulator — to adapt to a new system,” he explained.
“With the support of the National Assembly and the President, the effective date will be January 1, 2026, by the special grace of God. This provides us a full six months for awareness and alignment with the government’s fiscal calendar.”
The announcement follows President Bola Tinubu’s assent to four key tax reform bills recently passed by the National Assembly.
The signing ceremony, held at the Presidential Villa, was attended by top government officials, including legislators, governors, ministers, and aides.
The four bills signed into law are: The Nigeria Tax Bil, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill and the Joint Revenue Board (Establishment) Bill.
These reforms aim to modernize the country’s tax framework and enhance revenue collection efficiency.
According to officials, the bills were developed after wide consultations with stakeholders and industry players.
Adedeji emphasized that implementing the new tax laws from the beginning of the fiscal year would ensure smoother execution and better compliance across all sectors.