Tax Laws

December 31, (THEWILL) — Nigeria’s recent tax reforms created the Nigerian Tax Act (NTA) 2025 which is among the new tax laws with January 1, 2026, as the implementation date. The NTA affected two existing fiscal rules namely, the Stamp...

December 31, (THEWILL) — As Nigeria prepares to usher in a new era of fiscal reform, the federal government has reassured citizens that the new tax laws, set to take effect on January 1, 2026, will not involve...

December 29, (THEWILL) — The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that Nigeria’s new tax laws are specifically designed to strengthen the aviation industry and ease the upward pressure on airfares. Oyedele’s...

December 23, (THEWILL) — The Nigerian Bar Association (NBA) has called for an urgent and transparent investigation into the circumstances surrounding the enactment of the recently passed Tax Reform Acts. The demand comes amid allegations that the laws...

December 22, (THEWILL) — The opposition, groups, civil society organisations, well-meaning individuals and some political figures have reacted to the allegation of discrepancies between versions of the harmonised tax reform bills approved by the National Assembly and the versions...

December 14, (THEWILL) — The Joint Revenue Board (JRB) has reassured Nigerians that ongoing reforms in the country’s tax administration will not disrupt banking or financial activities, as the Federal Government prepares to implement a new tax compliance regime...

December 14, (THEWILL) — Nigeria’s new tax laws that would take effect from January 1, 2026, showcase a lot of financial reliefs for small businesses. However, it incubates inherent fiscal pains that will manifest in the course of the...

July 03, (THEWILL) — For decades, Nigeria’s tax system has symbolised everything wrong with the country’s broader fiscal culture—narrow tax bases, overburdened workers, under-taxed elites, a thriving informal sector, and rampant corruption. With a tax-to-GDP ratio that has hovered...

June 29, (THEWILL) — President Bola Tinubu on June 26, 2025 signed four new tax laws under a reform aimed at modernising and streamlining the country’s tax system for efficiency and economic growth. A major highlight is the increase in...

June 26, (THEWILL) – President Bola Tinubu has said that the four new tax laws are designed to bring tangible relief to ordinary Nigerians, restore fairness in the tax system, and stimulate inclusive economic growth for the future. THEWILL reports...