President Bola Ahmed Tinubu has reaffirmed that the newly enacted tax laws will be implemented as scheduled, dismissing speculations about any suspension or reversal of the reforms.
The President stated that the tax laws, which took effect on June 26, 2025, alongside other related Acts scheduled to commence on January 1, 2026, will proceed as planned.
In a statement personally signed on Tuesday, Tinubu described the tax reforms as a once-in-a-generation opportunity to build a fair, competitive, and resilient fiscal foundation for Nigeria.
According to him, the new laws are not designed to increase taxes but to support a comprehensive structural reset of the tax system, promote harmonisation, protect taxpayer dignity, and strengthen the social contract between the government and citizens.
The President urged all stakeholders to support the implementation phase, noting that the reform agenda has now firmly entered the delivery stage.
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He acknowledged ongoing public discourse over alleged changes to certain provisions of the laws but maintained that no substantial issues have been identified that would justify disrupting the reform process.
Tinubu stressed that trust in governance is built over time through responsible decision-making rather than through premature or reactive measures, while reaffirming his administration’s commitment to due process and the integrity of laws already enacted.
He further pledged that the Presidency would work closely with the National Assembly to ensure the timely resolution of any issues that may arise during implementation.
The President assured Nigerians that the Federal Government would continue to act in the overriding public interest to establish a tax system that supports prosperity, equity, and shared responsibility.