President Bola Tinubu has signed four major tax reform bills into law, marking what he described as a bold step toward a new era of economic governance in Nigeria
The signing took place in the presence of top lawmakers, including Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas.
The President said the new laws aim to provide significant, pro-people tax relief—Nigeria’s first in a generation. The reforms are targeted at easing the burden on low-income earners, small businesses, and working families.
The four bills signed into law are the Nigeria Tax Bill (Fair Taxation), Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
Tinubu noted that the reforms will unify Nigeria’s fragmented tax system, eliminate duplications, reduce bureaucracy, restore investor confidence, and promote transparency and coordination across all levels of government.
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