- New Tax Reforms to Begin January 1, 2026 – Adedeji
- Adedeji highlighted that starting the reforms at the beginning of the year is meant to ensure better awareness
- “When you have this kind of change, it’s not what you do mid-year.”
The Executive Chairman of the National Revenue Service (formerly Federal Inland Revenue Service), Zacch Adedeji, announced on Thursday that the newly signed tax reform bills will take effect from January 1, 2026.
Eko Hot Blog reports that speaking to State House Correspondents, he said the six-month lead time is meant to allow for proper planning, public education, and alignment with the government’s fiscal calendar.
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Adedeji highlighted that starting the reforms at the beginning of the year ensures better awareness, smoother implementation, and coordination with national budgeting processes.
“Based on best practices globally, because when you have this kind of change, it takes time for all the stakeholders, participant operators, and even the regulator to change the system.
“So with the magnanimity of the National Assembly, Mr. President, the effective date will be January 1, 2026, by the special grace of Almighty God.
“When you have this kind of change, it’s not what you do mid-year. Because if the application of the law is better, you start from the beginning of the year.
“So effective dates, by God’s grace, will be first of January 2026.” he added.
