President Bola Tinubu has emphasised that the implementation of the new tax laws remains Thursday, January 1, 2026.
He made this declaration in a statement he personally signed on Tuesday, December 30, 2025.
The new tax laws have generated controversies, especially after a member of the House of Representatives, Mr Abdusammad Dasuki, called the attention of his colleagues to the discrepancies in the harmonised and gazetted versions.
The alterations were acknowledged by the parliament, which ordered the re-gazetting of the harmonised version.
There have been calls from various quarters, including from the opposition for the suspension of the laws and prosecution of those involved in the mess.
However, Mr Tinubu seems not to be bothered about this, as he noted in the statement today that nothing will change the commencement of the implementation of the tax laws.
Business Post reports that two of the four laws took effect on June 26, 2025, and the remaining acts are scheduled to commence on January 1, 2026.
According to the President, these “reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.”
“The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.
“I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.
“Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
“No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not through premature, reactive measures.
“I emphasise our administration’s unwavering commitment to due process and the integrity of enacted laws. The Presidency pledges to work with the National Assembly to ensure the swift resolution of any issue identified.
“I assure all Nigerians that the federal government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility,” he stated.
Recall that over the weekend, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, stressed that the laws would take effect from January 1, 2026.
Nigeria Revenue Service (Establishment) Act, the Joint Revenue Board of Nigeria (Establishment) Act, the Nigeria Tax Act, and the Nigeria Tax Administration Act.