Sat. Aug 30th, 2025

President Tinubu officially signs into law a set of transformative tax Bills aimed at reforming Nigeria’s tax system.

President Tinubu Signs Four New Tax Reform Bills into Law, Effective January 2026

By Dele Fashomi 2 months ago
President Tinubu exchanging pleasantries with Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, right.

President Bola Tinubu has signed four major tax reform bills into law, marking a significant shift in Nigeria’s tax administration framework.

The signing ceremony, held on Thursday at the Presidential Villa, was attended by National Assembly leaders, governors, ministers, and presidential aides.

The newly enacted laws include:

– The Nigeria Tax Bill

– The Nigeria Tax Administration Bill

– The Nigeria Revenue Service (Establishment) Bill

– The Joint Revenue Board (Establishment) Bill

These bills were passed by the National Assembly following extensive consultations with stakeholders.

The Presidency stated that the reforms aim to enhance revenue generation, improve the business climate, and attract both local and foreign investments.

FIRS Chairman Zacch Adedeji confirmed that the new tax regime will take effect on January 1, 2026, allowing a six-month period for sensitization and planning.

He emphasized the need for proper stakeholder engagement, stating, “It takes time for operators and regulators to adapt to systemic changes.”

The bills had previously faced opposition, including from some governors who feared negative impacts on state finances.

However, the Presidency and National Assembly assured that concerns were addressed through nationwide stakeholder engagements.

The reforms represent a key policy move by the Tinubu administration to overhaul Nigeria’s tax system and drive economic growth.

About The Author

Dele Fashomi

Dele Fashomi, seasoned journalist and communication teacher, is a holder of Master of Arts degree in Communication and Language Arts from the University of Ibadan in 1992/93.

Earlier, he had bagged a Bachelor degree from the same university in 1984, after which he proceeded to the Nigerian Institute of Journalism, Lagos, in 1990, for a postgraduate diploma in Journalism.

He had done many courses in communication, including the EU-BBC Editing Course in 2002.

Mr. Fashomi combines effectively the practice, research and teaching of communication. And to date, he has published two academic works in communication: Issues in Communication Technology and Policy (2010) and Economic and Social Issues in Advertising and PR (2013).

He had his first break in the Nigerian media in Concord Newspapers in 1990 and today, he has over two and half decades experience earned in several newspapers.

He has been part of many start-ups, such as The Republic (1987), The Comet (1999), The Anchor 2001 – 2002; Sun Newspapers (2003); Westerner newsmagazine (2005 – 2010) as Editor; National Life (2011) as Sunday Editor, and Newswatch Newspapers (2012- 2016) as Daily Editor.

Dele Fashomi is now the Publisher/Editor-in-Chief of Newstide247.com newspaper online, which he started in July 2015. He is also into biography writing, with many books in his trail, some of which he wrote alone and one he co- authored with his mentor, Mr Dare Babarinsa, entitled:  Olabiyi Durojaiye – DARE TO BE DiFFERENT. He also guided and collaborated with Pa Olatunji Odusanya in writing his autobiography – AGAINST ALL ODDS. There are many other books in the works under his pen.

See author's posts