The new tax laws, including those that took effect on 26 June 2025, and the remaining acts scheduled to commence on 1 January 2026, will continue as planned.
According to a statement on Tuesday, President Bola Tinubu said that 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’.
There have been some objections to the new tax regime. For instance, the Nigeria Labour Congress (NLC) vowed to reject any tax system it described as ‘distorted, falsified, and unjust’. According to NLC President, Comrade Joe Ajaero, the workers would resist laws that exclude them from the process of formulation and passage.
Also, former Vice President, Alhaji Atiku Abubakar described as treason the alleged alterations of the new tax laws. he said that the alterations represent a ‘brazen act of treason against the Nigerian people’, stressing that it is a direct assault on the nation’s constitutional democracy.
But the President said that the ‘reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country’.
He further said: \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’.
