ABUJA: President Bola Tinubu has officially signed four critical tax reform bills into law, marking a major shift in Nigeria’s tax administration system. The brief signing ceremony held on Thursday at the Presidential Villa in Abuja was attended by top government officials, lawmakers, ministers, and state governors.
The newly enacted bills include:
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Nigeria Tax Bill (Ease of Doing Business)
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Nigeria Tax Administration Bill
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Nigeria Revenue Service (Establishment) Bill
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Joint Revenue Board (Establishment) Bill
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These reforms aim to unify Nigeria’s tax laws, streamline operations across all tiers of government, and foster a more investor-
friendly environment. According to the Presidency, the laws are expected to boost revenue generation, improve the business climate, and attract both local and foreign investment.
The Federal Inland Revenue Service (FIRS) Chairman, Dr. Zacch Adedeji, announced that the new tax regime will take effect from January 1, 2026. He emphasized that the six-month window before implementation would allow for proper sensitization and system overhaul.
We now have six full months for stakeholder engagement, planning, and transitioning into this new system. This is not just a media event. ,i t’s a structural reform,” Adedeji said.
Despite initial controversy and resistance especially from some governors who feared the fiscal implications on state wage bills the Presidency affirmed that widespread consultations had taken place to address such concerns.
During the signing, President Tinubu highlighted the significance of the new laws as vital to the nation’s economic prosperity. What we’ve done today marks a new beginning for Nigeria. We’ve cleared the path for economic growth and demonstrated that Nigeria is ready for business,” he said.
He praised the National Assembly for their boldness in passing the legislation amid early disagreements. Tax reforms are never easy anywhere in the world. But leadership is about making tough decisions, and you have shown that courage, Tinubu added.
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, lauded the President’s leadership, noting that the reforms were not teleguided but supported through critical oversight.
Senate President Godswill Akpabio also commended Tinubu, calling the new laws a generational milestone that reflects the President’s intellectual foresight and dedication to national progress.
With the new tax framework set to launch in 2026, Nigeria is now on a trajectory toward modernized fiscal governance, greater efficiency in tax collection, and a more robust economy.
