Full implementation of Tinubu's four tax laws begins - Blueprint Newspapers Limited

Contributing sentiments towards policy:

57% : It lays a firmer legal foundation for a tax system that is predictable, transparent and aligned with modern economic realities.
56% : The four statutes are the Nigeria Tax Act (NTA), the Tax Administration Act (NTAA), the Nigeria Revenue Service (Establishment) Act and the Joint Revenue Board (Establishment) Act.
56% : It widens the tax net while protecting vulnerable groups and legitimate economic activities.
55% : Full implementation of President Bola Ahmed Tinubu's four new tax laws commences today, January 1, 2026, marking a significant turning point in Nigeria's fiscal and revenue architecture.
55% : The Joint Revenue Board Act supports a more unified fiscal system by encouraging coherence instead of competition among tax authorities.
54% : The laws, signed by the President in June 2025, are designed to simplify and unify tax administration across the country and modernise revenue collection in line with contemporary economic realities.
54% : Taxpayers are better informed about what to expect, while tax authorities operate within clearly defined boundaries.
54% : Significantly, the Tax Administration Act strengthens accountability on both sides.
53% : Explaining the intent of the laws, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, said the reforms were about fairness, simplicity and growth, stressing that a sound tax system must be easy to understand and difficult to abuse.
52% : He emphasised that modern revenue administration depends on strong institutions, digital systems and transparent accountability, all of which the new tax laws seek to entrench.
52% : The Nigeria Tax Act (NTA) The Nigeria Tax Act consolidates previously fragmented tax provisions into a single and coherent framework, making the law more transparent, accessible and easier to interpret by clearly defining taxable income, exemptions, reliefs and compliance obligations.
52% : The Tax Administration Act (TAA) The Tax Administration Act standardises tax procedures across the federation, replacing a patchwork of administrative rules that often varied from one authority to another.
52% : The Tax Administration Act sets out transparent processes for registration, filing, assessment, collection, audits and dispute resolution.
52% : It reframes tax administration as a rules-based system governed by law.
52% : The Joint Revenue Board (Establishment) Act The Joint Revenue Board Act addresses one of the most persistent challenges in Nigeria's tax system: coordination among federal, state and local government tax authorities.
52% : The law strengthens the Joint Revenue Board as a forum for policy coordination, standard-setting and dispute resolution among tax authorities.
51% : The Act underscores the idea that sustainable public finance depends not just on tax laws, but on capable institutions that can implement them reasonably and efficiently.
50% : The Nigeria Tax Act strikes a balance between revenue generation and fairness.
49% : He said tax administration must be governed by rules, stressing that trust can only be built when taxpayers and authorities know the boundaries set by law.
47% : The uniformity is intended to reduce friction between taxpayers and tax authorities and to promote consistency in enforcement.
44% : The Nigeria Tax Act addresses ambiguity and limits discretionary interpretations that had long undermined confidence in the tax system.
42% : Historically, overlapping mandates and poor information sharing created conflicts, multiple taxation concerns and administrative inefficiencies.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.