Policy and fiscal experts have offered fresh clarity on President Bola Ahmed Tinubu’s 2026 Tax Reform, stressing that it prioritizes fairness, simplicity, and relief for citizens and small businesses.
The clarification emerged during a recent Dialogue organised by the National Orientation Agency (NOA) on X Space that focused on building trust through transparent tax reforms.
In his presentation the Chairman Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria Taiwo Oyedele emphasized that the reform does not introduce new taxes but seeks to eliminate multiple taxation and simplify compliance for individuals and businesses.
He explained that the administration is merging duplicative taxes, abolishing nuisance levies, and restructuring revenue agencies ahead of the Nigeria Revenue Service launch.
He added that some new harmonized laws, including the Nigeria Tax Act 2025 and Nigeria Revenue Service Act 2025 formed the legal backbone of the simplified fiscal framework.
The tax committee chairman insisted that key measures like tax exemptions for low-income earners, corporate reliefs for small businesses, and potential rate reductions for larger firms were taken to encourage investment.
Also speaking, the Director-General National Orientation Agency Mallam Lanre Issa-Onilu said the dialogue is meant to strengthens public understanding, as citizens praised the session for dispelling myths ahead of the January 2026 rollout.
On his part, a public affairs analyst Michael Chibuzo described the reform as pro-poor and pro-business, urging widespread advocacy and state-level alignment to ensure a unified national tax direction.
