President Bola Tinubu has reaffirmed the Federal Authorities’s dedication to implementing Nigeria’s newly enacted tax legal guidelines as scheduled, rejecting rising calls for his or her suspension amid public debate.
The president made this recognized in a message posted on X (previously Twitter) on Tuesday.
The President mentioned the reforms, a few of which took impact on June 26, 2025, whereas others are resulting from begin on January 1, 2026, are central to rebuilding Nigeria’s fiscal framework and won’t be halted.
Tinubu described the tax reforms as a long-term intervention geared toward equity, competitiveness and financial sustainability, slightly than an try to impose further tax burdens on Nigerians.
What the President is saying
Tinubu mentioned the reforms symbolize a “once-in-a-generation alternative” to reset Nigeria’s tax system and strengthen the nation’s fiscal basis.
“The brand new tax legal guidelines, together with people who took impact on June 26, 2025, and the remaining acts scheduled to begin on January 1, 2026, will proceed as deliberate,” the President mentioned.
He careworn that the legal guidelines weren’t designed to lift taxes however to help a structural reset, promote harmonisation throughout the tax system, and shield dignity whereas strengthening the social contract between the federal government and residents.
The President’s assertion comes amid sustained public discourse and criticism over alleged adjustments to sure provisions of the newly enacted tax legal guidelines, with some stakeholders calling for a pause in implementation.
“Our administration is conscious of the general public discourse surrounding alleged adjustments to some provisions of the lately enacted tax legal guidelines.
“No substantial situation has been established that warrants a disruption of the reform course of. Absolute belief is constructed over time via making the proper choices, not via untimely, reactive measures,” Tinubu mentioned.
What this means
Tinubu’s agency stance indicators that the Federal Authorities is unwilling to reverse or delay its tax reform agenda, viewing consistency and coverage certainty as vital to constructing public belief and financial stability.
By pushing forward with the reforms, the administration goals to determine a tax system that helps shared accountability, boosts investor confidence and underpins long-term prosperity, whilst debates round particular provisions proceed.
What you must know
The 4 legal guidelines on the centre of the controversy are the Nigeria Tax Act, 2025; Nigeria Tax Administration Act, 2025; Joint Income Board of Nigeria (Institution) Act, 2025; and the Nigeria Income Service (Institution) Act, 2025.
Signed into legislation by President Tinubu on June 26, 2025, the Acts are scheduled to take impact from January 1, 2026, and symbolize a complete overhaul of Nigeria’s tax system.
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