President Bola Ahmed Tinubu has firmly reiterated his administration’s determination to proceed with the implementation of the newly signed tax laws, dismissing appeals to halt the process despite ongoing public debate.
Sticking to the Schedule
In a statement released on Tuesday, the president confirmed that the rollout will continue exactly as planned. He noted that while some provisions already came into force on June 26, 2025, the remaining laws are set to become active on January 1, 2026. He described the overhaul as a historic opportunity to create a more competitive and equitable tax system.
Not a Tax Hike
Tinubu sought to clarify the intent behind the reforms, insisting that the objective is not to increase the financial burden on Nigerians. Instead, the focus is on fixing the structural framework, harmonizing administration, and building trust between the state and the citizenry.
He stated:
“The new tax laws are not intended to raise taxes. They are designed to reset the system structurally, promote harmonisation, protect dignity and strengthen the social contract,”
Addressing Concerns
While acknowledging the public outcry and concerns regarding specific sections of the legislation, the president maintained that no fundamental flaws have been identified that would justify a pause or reversal. He warned against reactionary decisions, arguing that stable policy-building requires patience.
Promise of Collaboration
He called on stakeholders to support the implementation phase and assured the nation that the presidency is ready to work closely with the National Assembly to resolve any issues that may arise.
He added:
“I want to assure Nigerians that the Federal Government will always act in the overall public interest to deliver a tax system that promotes prosperity, fairness and shared responsibility,”