June 26, 2025

Tinubu to Sign Landmark Tax Reform Bills on Thursday

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President Bola Ahmed Tinubu is set to sign four major tax reform bills into law on Thursday, a move the Presidency says will “transform Nigeria’s fiscal and revenue framework.”

The bills—passed by the National Assembly after extensive consultation with stakeholders—include:

1. Nigeria Tax Bill

2. Nigeria Tax Administration Bill

3. Nigeria Revenue Service (Establishment) Bill

4. Joint Revenue Board (Establishment) Bill

According to a statement by Presidential Adviser on Information and Strategy, Bayo Onanuga, the new laws aim to overhaul Nigeria’s tax system, improve revenue collection, and create a more business-friendly environment. The reforms are also expected to attract both local and foreign investments.

The signing ceremony will take place at the Presidential Villa, Abuja, and will be witnessed by top government officials, including:

Senate President

Speaker of the House of Representatives

Leaders of both legislative chambers

Chairmen of Finance Committees

Kwara State Governor and Chairman of the Governors Forum, Abdulrahman Abdulrazaq

Imo State Governor and Chairman of the Progressives Governors Forum, Hope Uzodinma

Finance Minister Wale Edun

Attorney General of the Federation, Lateef Fagbemi

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