The Centre for the Promotion of Private Enterprise (CPPE) has called for a strategic implementation framework that prioritises revenue efficiency over blanket enforcement measures as the new tax laws kick off. The Centre made the call in a statement on Sunday by its Chief Executive Officer, Muda Yusuf, citing a specific issue in the tax …
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that the National Assembly has the constitutional authority to suspend the planned implementation of Nigeria’s tax reform laws set for January 2026. In an interview on Channels Television on Monday, Oyedele responded to allegations that parts of the tax laws passed …
President Bola Ahmed Tinubu has urged Nigerians not to fear about the new tax regime set to begin next year, promising significant benefits for low-income earners, small businesses, and essential sectors. Speaking at the 8th Annual Senator Abiola Ajimobi Roundtable and the 76th posthumous birthday lecture of the late Oyo State governor at the University …
Social media users have begun to raise concerns that landlords will hike rents because of a provision in the new tax law. Their worries bordered on the provision of the 20 per cent relief on annual rent and up to ₦500,000 relief the new tax law provides. In a Facebook post, a social media user …
As the Nigerian government prepares to implement new tax laws on January 1, 2026, there are mixed feelings of anticipation and anxiety among businesses, economic experts, and citizens regarding the impact. The six-month deadline set from June 2025, when the laws were signed by President Tinubu, was intended to allow for robust stakeholder engagement and …
The new tax laws expected to take effect from January 1, 2026, have left many Nigerians apprehensive about certain provisions. One of the provisions is the requirement of a tax identification number (TIN), tax identity (Tax ID) and National Identification Number (NIN) before anyone can continue to operate or open a bank account in Nigeria. …
