New Tax Laws To Take Effect From January 2026 — Adedeji

New Tax Laws To Take Effect From January 2026 — Adedeji

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The newly signed tax laws will become effective as of January 1, 2026, according to Zacch Adedeji, the head of the Federal Inland Revenue Service (FIRS).

He claims that this will give the government six months to do both sensitization planning.

Adedeji told State House correspondents on Thursday that “changing the system takes time for all the parties involved, participants, operators, and even the regulator.”

The effective date will be January 1, 2026, according to the special grace of Almighty God, with the magnanimity of the National Assembly, Mister President. Therefore, we have a full six months to plan for both sensitization and government fiscal year.

Because of this type of change, the media does not produce it because the law’s application is best used right away. Therefore, January 1st, 2026 will be the effective date, by grace of God.

The four tax reform bills that the National Assembly recently passed have received opposition from President Bola Tinubu, which is now made known in Adedeji’s announcement.

The National Assembly’s leadership, some governors, ministers, and President aides also attended the brief ceremony on Thursday at the Presidential Villa.

Source: Channels TV

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