President Bola Tinubu has insisted that the new tax laws, including those enacted on June 26, 2025, and the remaining acts will begin January 1, 2026, as planned.
In a statement on Tuesday, Tinubu explained that the reforms represent “a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation” for the country.
The President stated 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.
He urged 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.
