Nigeria’s sweeping tax reforms will take effect on January 1, 2026, with no changes to the rollout plan, despite rising public concerns.
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The confirmation came from Prof. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, after he briefed President Bola Tinubu in Lagos.
Oyedele said the reforms are aimed at fixing long-standing gaps in the tax system, improving fairness, and boosting government revenue without overburdening citizens.
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He explained that extensive consultations have already taken place with key stakeholders, including businesses, tax professionals, and state governments, to ensure a smooth transition.
According to him, the reforms will simplify tax processes, widen the tax base, and reduce leakages, while aligning Nigeria’s system with modern global practices.
The federal government believes the new framework will strengthen fiscal stability and support economic growth once implementation begins at the start of 2026.
LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
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