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Tinubu Signs Four Tax Reform Bills into Law
President Bola Tinubu has signed the four Tax Reform Bills into law, after it was recently passed by the National Assembly.
The ceremony took place at the Presidential Villa on Thursday.
The ceremony was witnessed by top government officials including the President of the Senate, Godswill Akpabio, the Speaker of the House of Representatives, Tajudeen Abbas the Senate and House Majority Leaders, as well as chairmen of the Senate and House Committees on Finance.
Also in attendance were the Chairman of the Nigeria Governors’ Forum and Kwara state go governor, Abdulrazaq AbdulRahman, the Chairman of the Progressive Governors’ Forum and Imo state governor, Hope Uzodimma, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Attorney General of the Federation, Lateef Fagbemi, SAN.
The four bills —the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill —were passed by the National Assembly after extensive consultations with various interest groups and stakeholders.
Designed to overhaul Nigeria’s fiscal and revenue administration framework, the laws have been described as a major leap in the nation’s economic reform drive.
President Tinubu said the bills reflect his administration’s resolve to create a modern, transparent, and efficient tax system capable of supporting national development, promoting investment, and reducing the burden of multiple taxation on citizens and businesses.
The Nigeria Tax Bill (Ease of Doing Business) consolidates Nigeria’s fragmented tax statutes into a unified legal framework. It seeks to reduce tax duplication, enhance clarity, and ease compliance for taxpayers.
The Nigeria Tax Administration Bill provides a harmonized legal and operational structure for tax administration at the federal, state, and local government levels, aiming to foster efficiency and uniformity in tax collection.
The Nigeria Revenue Service (Establishment) Bill repeals the existing Federal Inland Revenue Service (FIRS) Act, paving the way for the establishment of a new, performance-driven Nigeria Revenue Service (NRS) with expanded responsibilities, including non-tax revenue collection. The bill also introduces strong mechanisms for accountability and transparency.
The Joint Revenue Board (Establishment) Bill sets up a national governance structure to coordinate tax efforts across all tiers of government.
It also introduces a Tax Appeal Tribunal and an Office of the Tax Ombudsman, enhancing taxpayer rights and dispute resolution mechanisms.
Many have described the development as a bold step toward boosting Nigeria’s revenue base, reducing investor uncertainty, and deepening the fiscal decentralization agenda.
The reforms are expected to spur job creation, improve public service delivery, and build public confidence in the nation’s tax system.
State House officials say this latest move comes as part of President Tinubu’s broader economic reform package aimed at achieving macroeconomic stability and sustainable growth.
Earlier on Thursday, President Tinubu had explained that the laws would be unifying Nigeria’s fragmented tax system, remove redundant overlaps, boost investor confidence, enhance transparency, and promote coordinated efforts across all levels.
He also described the legislation as a clear departure from previous policies, emphasising that the reforms are designed to ease the burden on working families, small businesses, and low-income earners while eliminating inefficiencies that have long plagued Nigeria’s fiscal structure.
On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.
“We are also building a framework for the Nigeria of tomorrow-leaner, fairer and laser focused on unlocking opportunities for all.”
The president explained that with the new tax reform laws, the Bola Tinubu led administration is now laying the foundation for a tax regime that is fair, transparent, and fit for a modern, ambitious Nigeria.
“These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet.
“For too long, our tax system has been a patchwork-complex, inequitable, and burdensome. It has weighed down the vulnerable and shielded inefficiency. That era ends today.
“We are laying a foundation for a tax regime that is fair, transparent, and fit for a modern, ambitious Nigeria. A tax regime that rewards enterprise, protects the vulnerable, and mobilises revenue without punishing productivity,” he said.
By Henry Ukazu
Dear Destiny Friends,
It’s impossible for any mortal person to claim that he has not at one time or another felt envious. In other words, everyone somehow has wished they have something other people; friends, partners, siblings, colleagues or even family members, have. It is worthy of note that the Creator of heaven and earth designed the universe in such a way that everyone needs to depend on one another for survival. Nobody has it all.
While one person may be gifted in singing, another might be gifted in praying, healing, speaking or writing. Yet another might be gifted in playing soccer, while another might be gifted in sprinting, tennis, swimming, and more.
As a Human Capacity Development expert, I have come to realize that we all have different strengths and weaknesses. The mistake most people make is to chase what is not chasing them instead of focusing on developing themselves.
When you develop yourself, it will be easy for other people to appreciate and support you, but when you focus your energy on being jealous of what other people have, you deprive yourself of attracting blessings and opportunities to your life. As a Life coach, I always tell my tribe, major on your major and work on your weakness.
Envy is not only when one is jealous of what someone has, it also means greed when one is not satisfied with what one has. Isn’t it true that greed makes a rich man poor and contentment makes a rich man poor. It is important to note that you can’t attract what you hate. If you see anyone thriving, please if you can’t support them, please leave them the way you are instead of pulling them down.
One of the best ways to succeed in life is to know oneself. According to Socrates, “man know thyself”. When you understand who you are, you will understand what’s unique about you, and you won’t be concerned about the activities of others. The benefit of self-discovery is priceless. Self-discovery will help you to make the right choice, it will assist you to unleash your potential, and it will ultimately help you to be intentional with your life.
One of the reasons why envy is paramount is that we don’t practice gratitude and appreciation. Most often, we look towards what we lack instead of looking at what we have. There’s an adage that says, it is because the philosopher was too busy to get to the promised land that he forgot there’s a ditch in front of him and he fell inside. That’s the philosophy of envy.
It’s instructive to note that envy is not only deadly, but also “cancerous” because when it envelops someone, it blinds the person not to see the good in others. Envy, if not properly managed, can cause more than damage.
There was a story about two friends- John and Paul. John woke up one morning to a gleaming new model Toyota Camry in Paul’s garage. He went green with envy, and by the next day, he had the same brand of car in his own garage to prove a point. Unknown to John, he didn’t know that Paul’s car was a gift from his wealthy father-in-law. John on the other hand had to exhaust all his savings to buy his own car just to prove whatever point he had in mind.
At the end of the day, Paul was smiling well and living his best life, but John was experiencing financial challenges that threatened his marriage because of his pride and greed to prove a point. The moral of this message is to desist from competing with people, rather compete with oneself by being better than you were yesterday.
One good reason why envy and covetousness are such terrible afflictions is because what is right for others may not be right for you. If your motivation is to have what others have, your decisions will be targeted at the wrong or goal. Your goal must be self-geared and not to keep up with the neighbors.
It’s instructive to note that we are not on earth to impress anyone, except God. Yes, it’s good to impress our boss at work, our friends, family members, mentors, and benefactors, etc., it should be done with moderation. What is important is for one to know the intention behind whatever they are doing. This is because when you try to please man, you’ll fail, but when we try to do the right thing, everything will fall in place. According to Bill Cosby, I don’t know the key to success, but the key to failure is trying to please everyone. Moral: Just do you and everyone will be fine because at the end of the day, those that care, don’t matter and those that matter don’t care.
In conclusion, as you journey towards life, please avoid envy, run from it and be satisfied with what you have.
Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator. He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design and Unleash Your Destiny . He can be reached via info@gloemi.com
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WAEC Dismisses Viral Letter on Deployment of Security Personnel to Exam Centres As Fabricated, Fake
By Eric Elezuo
A statement signed by the Ag. Head, Public Affairs, West African Examinations Council (WAEC), National Office, Yaba, Ms Moyosola Adesina, on behalf of the Head of National Office, has denied and dismissed a letter purportedly issued by WAEC, and making the rounds on the internet, as forged, fake and fabricated.
The statement stated categoricrally that ‘the Council has not issued any such directive regarding the deployment of security personnel to individual examination centers as described in the rogue letter.’
The Council urged schools and examination centres to disregard the letter and it’s content as ‘it did not emanate from the office of the Senior Deputy Registrar (Test Administration) or any other department within WAEC Nigeria’.
Below is WAEC’s statement in full:
The attention of the West African Examinations Council (WAEC), Nigeria, has been drawn to a fraudulent letter making the rounds in the media space.
The fabricated letter, dated May 27, 2026, bears the reference number L/SED/12/DIST/VOL. 4/460 and is addressed to “The Proprietor/Principal of schools.
The forged document falsely claims that the Council has finalized plans for a “comprehensive deployment” of personnel from the Nigeria Police Force and the Nigeria Security and Civil Defence Corps (NSCDC) to all WAEC examination centers across Nigeria, effective June 1, 2026. The letter also features a forged signature of the Senior Deputy Registrar/Head (Test Administration), Mr. S.D. Kum.
The Management of the West African Examinations Council wishes to state categoricrally that the said letter is fake, as it did not emanate from the office of the Senior Deputy Registrar (Test Administration) or any other department within WAEC Nigeria. Similarly, the Council has not issued any such directive regarding the deployment of security personnel to individual examination centers as described in the rogue letter.
Furthermore, WAEC recognizes that this letter is the handiwork of mischief-makers and fraudsters aiming to create unnecessary panic, disrupt the smooth conduct of the ongoing examination, and mislead school proprietors, principals, parents, and candidates.
On this note, school authorities, supervisors, invigilators, parents, and the general public are hereby advised to completely disregard the contents of the said letter.
The Council hereby wishes all registered candidates for WASSCE for School Candidates, 2026 the very best in their preparations for the examination.
The crisis rocking the All Progressives Congress (APC) has continued to deepen, as the President Bola Tinubu’s daughter, Mrs. Folashade Tinubu-Ojo, on Wednesday, called for the disbandment of the influential Justice Forum and Mandate Movement groups over alleged manipulation of the party’s primaries.
Tinubu-Ojo, daughter of President Bola Tinubu, specifically faulted the conduct of the House of Representatives primary for Mushin Constituency I, Agege Constituency II, and Ojokoro, alleging that the mandate of aspirants in the constituencies was stolen and handed to “a non-winner”.
Speaking during the weekly meeting of market leaders and stakeholders at the Iyaloja-General’s office in Alausa, Ikeja, she condemned what she described as political shenanigans and warned against attempts to subvert the will of party members.
She also decried the alleged marginalisation of traders by political office holders despite their contributions to the growth and electoral success of the APC in Lagos State.
The Iyaloja General cited the cases of Mutiu Olaide Oladeebo in Agege Constituency II, Seye Oladejo in Mushin Federal Constituency, and Olotu Emmanuel Ojo in Ojokoro, insisting that the aspirants won their respective primaries convincingly before moves were allegedly made to alter the outcomes.
She said: “We have to cry out now; let the APC cancel Justice and Mandate Forums because our governorship candidate belongs to the Justice Forum.” Everybody is now joking at the Justice Forum because that is where our incoming governor belongs. Are we not Lagosians? When he becomes the governor, he will not be the governor for the APC alone; he has to balance it. Even when you are the governor, you have to lead both your friends and foes. It is saddening that when a Mandate Forum aspirant wins, he jumps to Justice Forum; it is saddening. It is a way of telling us that hard work doesn’t pay in politics.
“Something must be done on that because it is important.
We are sure that Seye Oladejo won in Mushin Federal Constituency and Olotu Emmanuel Ojo in Ojokoro won in Ojoroko with a landslide.
“In fact, we decided to calm down and see what they will do about it because we are ready to protest. We know they won the election and their mandate should not be given to somebody else.”
She urged APC leaders at the state and national levels to immediately investigate the disputed primaries and ensure that justice prevailed before final ratification of the results.
She warned that failure to address the grievances could worsen internal tensions within the APC ahead of the 2027 general elections.
Tinubu-Ojo declared that market women across Lagos remain committed to supporting the governorship ambition of Dr. Kadri Obafemi Hamzat and other APC candidates nationwide, but stressed that traders deserve recognition and political appointments in return for their loyalty and sacrifices.
She also urged President Bola Tinubu to acknowledge traders as critical stakeholders in national development.
Meanwhile, aggrieved APC members and supporters in Mushin have threatened mass protests if the alleged mandate of Oladejo is not restored.
The protesters accused leaders of the Justice Forum bloc of attempting to impose candidates and undermine internal democracy within the party.
“We know who won the election, and the mandate should not be stolen. We are ready to protest if justice is not done,” one of the protesters said.
