{"id":80973,"date":"2025-12-30T20:23:42","date_gmt":"2025-12-30T20:23:42","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=80973"},"modified":"2025-12-30T20:23:42","modified_gmt":"2025-12-30T20:23:42","slug":"no-going-back-on-new-tax-laws-tinubu-insists","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/12\/30\/no-going-back-on-new-tax-laws-tinubu-insists\/","title":{"rendered":"No Going Back on New Tax Laws, Tinubu Insists"},"content":{"rendered":"<p><strong>By Patrick Idowu<\/strong><\/p>\n<p>President Bola Tinubu has affirmed that Nigeria\u2019s new tax laws will be implemented as scheduled, insisting there will be no reversal of the reforms.<\/p>\n<p>In a statement issued on Tuesday by his Special Adviser on Media and Publicity, Mr Bayo Onanuga, the President said the tax laws, some of which took effect on June 26, 2025, while others are slated to commence on January 1, 2026, are critical to building a fair, competitive and resilient fiscal system.<\/p>\n<p>Tinubu explained that the reforms are aimed at strengthening Nigeria\u2019s fiscal foundation through structural reset, harmonisation of tax processes and the reinforcement of the social contract between government and citizens.<\/p>\n<p>He stressed that the new laws are not designed to impose additional tax burdens on Nigerians but to promote economic growth, shared responsibility and long-term prosperity.<\/p>\n<p>The President urged stakeholders to support the implementation phase of the reforms, assuring that the administration remains committed to due process and to addressing any issues that may arise.<\/p>\n<p>Responding to public debates over possible amendments, the Presidency said no fundamental concerns have been raised that would justify halting or reversing the reform process, adding that the focus remains on making the right decisions to build public trust.<\/p>\n<p>\u201cThe government will continue to work with the National Assembly to address concerns and ensure a tax system that supports prosperity and shared responsibility,\u201d the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Patrick Idowu President Bola Tinubu has affirmed that Nigeria\u2019s new tax laws will be implemented as scheduled, insisting there will be no reversal of the reforms. In a statement issued on Tuesday by his Special Adviser on Media and Publicity, Mr Bayo Onanuga, the President said the tax laws, some of which took effect [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":80974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1756,1718,172],"tags":[],"class_list":["post-80973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-finance","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/80973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=80973"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/80973\/revisions"}],"predecessor-version":[{"id":80975,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/80973\/revisions\/80975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/80974"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=80973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=80973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=80973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}