No going back on January 1 tax law commencement, says Tinubu
The Nigeria’s President Bola Tinubu has declared that the implementation of the new tax laws, including those enacted on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will take effect as planned.
Penpushing reports that Tinubu made the affirmation on Tuesday in a statement he personally signed, explaining that the reforms represent a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for the country.
The President, however, clarified that the new laws are not intended to increase taxes, but to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.
Penpushing further reports that he appealed to all stakeholders to support the implementation phase, which he said is now firmly in the delivery stage, adding that no substantial issue has been identified that warrants a disruption of the reform process.
The statement pointed out that Tinubu said absolute trust is built over time through making the right decisions, not through premature, reactive measures, reaffirming his administration’s commitment to due process and the integrity of enacted laws.
Penpushing also reports that he pledged to work with the National Assembly to resolve any issues promptly, and assured Nigerians that the government would continue to act in the overriding public interest to ensure a tax system that promotes prosperity and shared responsibility.
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, however, recalled that the President on Friday, December 26, 2025, confirmed that the final implementation phase—specifically covering the Nigeria Tax Act and the Nigeria Tax Administration Act—is firmly on schedule.
Penpushing reports that Oyedele, explained that the decision to proceed is rooted in the pro-people nature of the laws, which are strategically engineered to shift the tax burden away from the vulnerable.
The reforms promise a significant economic cushion, with the government projecting that nearly 98% of Nigerian workers and 97% of small businesses will either be fully exempt from taxes or see their liabilities drastically reduced.
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