FEATURED
New Tax Laws: ‘No Substantial Issue of Alterations Established’ – Tinubu Insists on Jan. 1, 2026 Date
President Bola Ahmed Tinubu has said that 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.
In a statement he personally signed, President Tinubu said that the reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for the country.
He, however dismissed alleged alteration of the law as being canvassed in some quarters, saying no substantial issue has been established that warrants a disruption of the reform process.
According to the President, 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.
He urged 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 enthused.