Nov 01, 2025
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By Admin User
NIGERIA TAX ACTS REPOSITIONING NIGERIA’S TAX ECOSYSTEM FOR THE FUTURE
The long-debated Nigeria Tax Reform Bills were signed into law by President Bola Ahmed Tinubu on Thursday, June 26, 2025. The new Acts are the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue Service Act (NRSA) and the Joint Revenue Board Act (JRBA). The Acts will significantly impact Nigerian tax practice and administration, enhance revenue generation, promote a business-friendly environment, and ultimately drive economic growth and development. The Acts did not specify the commencement date; however, the Presidential and Fiscal Tax Policy members have stated at various fora that the commencement date shall be 1st of January 2026.
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