President Bola Tinubu on Thursday, June 26, 2025 signed four tax bills in to law.
The four bills: the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill were passed by the National Assembly after extensive consultations with various interest groups and stakeholders.
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has disclosed that the newly signed tax laws will take effect from January 1, 2026.
Zacch Adedeji disclosed that the six months before the law takes effect will give government time for sensitisation and planning.
Adedeji stated thus:
“It takes time for all the stakeholders, participants, operators, and even the regulator, to change the system.
“So, with the magnanimity of the National Assembly, Mister President, the effective date will be January 1, 2026 by the special grace of Almighty God. So, we have a full six months for both sensitization planning and also considering the fiscal year of the government.
“Because when you have this kind of change, it’s not what you do in the media, because if the application of law is better used from the beginning of the year. So, the effective date, by God’s grace, will be 1st of January, 2026.”