President Bola Ahmed Tinubu has thrown cold waters on the hopes of those trying to truncate his new tax reforms by demanding the rescheduling of its takeoff date.
The president has issued an affirmative statement that the landmark tax reform laws will take effect as scheduled from today, January 1, 2026.
Describing his new tax reforms as a “once-in-a-generation opportunity” to establish a fairer and more competitive fiscal system, President Tinubu noted that his administration was aware of the protests surrounding the new reforms but they amounted to mere storm in a teacup.
He pointed out that no substantial issue has been established that warrants a disruption of the reform process as planned.
The statement reads: “The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.
“These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.
“The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.
“I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.
“Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
“No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not through premature, reactive measures.
1, No Postponement, Tinubu Insists
President Bola Ahmed Tinubu has thrown cold waters on the hopes of those trying to truncate his new tax reforms by demanding the rescheduling of its takeoff date.
The presidentissued an affirmative statement that the landmark tax reform laws will take effect as scheduled from today, January 1, 2026.
Describing his new tax reforms as a “once-in-a-generation opportunity” to establish a fairer and more competitive fiscal system, President Tinubu noted that his administration was aware of the protests surrounding the new reforms but they amounted to mere storm in a teacup.
He pointed out that no substantial issue has been established that warrants a disruption of the reform process as planned.
The statement reads: “The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.
“These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.
“The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.
“I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.
“Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
“No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not through premature, reactive measures.
