No Going Back on January 1 Tax Law Commencement — Bola Tinubu
President Bola Tinubu has reaffirmed that Nigeria’s newly enacted tax laws will take effect on January 1, insisting that there will be no postponement or reversal.
According to the president, the reforms are designed to build a fair, transparent, and sustainable fiscal foundation for the country, not to impose additional tax burdens on Nigerians.
Tinubu stressed that the new tax framework aims to improve efficiency, widen the tax net, and strengthen government revenue, while ensuring equity and accountability across sectors of the economy.
He added that the reforms are critical to stabilising public finances and supporting long-term economic growth.
