…tax reform was established to overhaul Nigeria’s tax laws and fiscal structure.
LAGOS, NIGERIA- The iNews Times | The Nigeria Tax Reform Acts were officially presented to President Bola Tinubu on Friday at his Lagos residence by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele.
Official photographs from the event showed Oyedele handing over the documents to the President in the presence of senior government officials, including the Chief of Staff to the President, Femi Gbajabiamila; Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe; and Chairman of the Federal Inland Revenue Service, Zacch Adedeji.
The Tax Reform Acts are the product of the Presidential Committee on Fiscal Policy and Tax Reforms, which was established to overhaul Nigeria’s tax laws and fiscal structure.
In June 2025, President Tinubu had signed four key tax reform bills into law at the Presidential Villa in Abuja. These include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
The reforms are designed to harmonise tax administration, reduce multiple taxation, improve compliance and strengthen government revenue generation. The National Tax Policy Implementation Committee and the Federal Inland Revenue Service have been working with relevant institutions to develop the framework for implementation.
Following the presentation, the Nigeria Tax Reform Acts are scheduled to take effect nationwide from January 1, 2026, in line with the Federal Government’s fiscal calendar.
