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Mr President, President Bola Tinubu, President of the Federal Republic of Nigeria just signed into law four historic tax and fiscal bills at the Aso Villa, marking a new dawn in Nigeria’s economic governance.
" These new laws simplify our tax regime and deliver Nigeria's first major, pro-people tax cuts in a generation. They also provide targeted relief for low-income earners, small businesses, and working families across the country. "
The following Acts will now be gazetted as laws of the Federal Republic of Nigeria:
- The Nigeria Tax (Fair Taxation) Act
- The Nigeria Tax Administration Act
- The Nigeria Revenue Service (Establishment) Act
- The Joint Revenue Board (Establishment) Act
Implementation will commence effective January 1, 2026.
God bless the Federal Republic of Nigeria.
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