No going back on New Tax Law from January 1 2026-Tinubu
President Bola Ahmed Tinubu has said that the new Tax law will take effect from January 1 2026 as planned.
This confirmation is contained in a statement he personally signed today.
The law it will be recalled has been under attack with some claiming the original conversion passed into law by the National Assembly was tampered with.
Full statement below:
The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.
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.
Also Read:Atiku warns of constitutional breach over tax acts gazetting
NEC Endorses Renewed Hope Economic Plan To Fast-track $1trn Economy
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.
Bola Ahmed Tinubu, GCFR
President, Commander-in-Chief of the Armed Forces,
Federal Republic of Nigeria
December 30, 2025
