The Federal Government has officially published Nigeria’s new tax reform laws in the national gazette, marking a major overhaul of the country’s fiscal framework.
The publication was announced in a statement by Kamorudeen Yusuf, Personal Assistant on Special Duties to the President, via his X handle. It follows President Bola Tinubu’s assent on June 26, 2025, to four legislations forming the core of the reforms.
The new laws are:
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The reforms introduce a new foundation for taxation, administration, and revenue collection.
Key provisions include:
According to Yusuf, the NTA and NTAA will take effect on January 1, 2026, while the NRSEA and JRBEA will commence on June 26, 2025.
“These reforms aim to simplify Nigeria’s tax system, support small businesses, attract investment, and strengthen fiscal stability, aligning with President Tinubu’s Renewed Hope Agenda to diversify revenue away from oil,” Yusuf said.