Do you know about the, Nigeria Reform Tax Acts?

[IjawMan]

On 26 June 2025, President Bola Ahmed Tinubu signed the four (4) Tax Reform Bills into law. These laws include the Nigeria Tax Act (NTA), The Nigeria Tax Administration Act (NTAA), The Nigeria Revenue Service Act (NRSA) and the Joint Revenue Board Act (JRBA), collectively referred to as “the Acts”. As of the time of this
publication, the effective date of the Acts has not yet been publicised. However, there are indications that this date will not be earlier than 1 January 2026.

The President of Nigeria, Bola Ahmed Tinubu (GCFR), has recently signed into the law the new tax reform act. An auspicious step that could give the Nigerian economy a positive outlook for both domestic and foreign investors should necessary instrumentalities and structures be put in place.

I know that not many Nigerians have any idea about the new tax acts and the changes made to it. And that includes som users in the forum too. We all as Nigerians do need to have an idea about how this reform affects  our small,.medium and large scale businesses.

I had to dig for a simple summarize article that gives a comprehensive but concise overview of this new tax acts. You can access it using this links: https://drive.google.com/file/d/1UqIz8cbc-C_uzgK753UtAIYJqR4Y19Ai/view?usp=drivesdk

For those on X (formerly twitter) https://x.com/HabuSadeik/status/1938625571031793797?s=19

[Futurexxx]

I see am for news yesterday but I no too reason am because this tinibu government get one bad harbit I don observe since, which is heavy taxing, this tax reform wey them sign into law na just formalities because I dy sure say them no go do even half of wetin them sign, na wetin dy their mind to do, nai them go do, and the set of people wey go feel am pass na motorist and civil servants, but I just believe say the way the country be so, nothing wey wan happen wey person never see before, nothing dy surprise me again as the country dy now.

[Mpamaegbu]

I saw dat tax reform thing too on Facebook and d things wey I read for d tax matta sweet my belle bc so many people go dey exempted 4rm am bc of d nature of their jobs. I think na a step in d right direction if dis lie lie APC govment go fit carry am out. OP, nor blame anybody wey nor put body to follow up on the tax reform. Dis people don too take us play and e don reach d point wey we nor com dey send dem again too. We just look dem wit wan corner of our eye, and we move. Well, shey we still dey here and we dey watch.

[IjawMan]

I saw dat tax reform thing too on Facebook and d things wey I read for d tax matta sweet my belle bc so many people go dey exempted 4rm am bc of d nature of their jobs. I think na a step in d right direction if dis lie lie APC govment go fit carry am out. OP, nor blame anybody wey nor put body to follow up on the tax reform. Dis people don too take us play and e don reach d point wey we nor com dey send dem again too. We just look dem wit wan corner of our eye, and we move. Well, shey we still dey here and we dey watch.

Me I no be fan of this present administration onto how the government don cari tumble the economi but for this particular tax reforms e get plenty reformatives way just try affect the common man with small business and the worker with small salary earnings onto say them go dey exempted from paying tax. Other plenty sweet changes way go fit encourage investors follow shaaa but nah just as you take tok am, na correct implementation nah go tok if the government serious with this their reforms or na just paper work them do give us.