Tinubu Says New Tax Laws Will Take Effect as Planned Despite Alleged Changes

President Bola Tinubu has said 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,” he said in a statement signed by him. “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, saying his 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,” the president said. “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.”

Tinubu assured 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”.