Nigeria Revenue Service Chairman Adedeji states new tax laws require a five-year stabilization period. This is concise and directly conveys the key information with a formal tone.
NRS Chairman Zacch Adedeji confirmed on January 1, 2026, that the new tax framework is designed to harmonize Nigeria’s fiscal system. Speaking at a recent event, he explained that the reforms unify multiple taxes into a single, streamlined structure to improve efficiency.
According to Adedeji, a core benefit of the unified framework is the reduction in taxpayer compliance burdens and the creation of a seamless revenue administration system.
He emphasized that the reform will transform Nigeria’s revenue administration into a streamlined one-stop shop, sharpening the nation’s competitive edge both within Africa and on the global stage.
“We just launched the new law. We will need a minimum of five years to stabilise it,” NRS boss said.
“I trust the capacity of my colleagues that we are more than prepared to give Nigeria what it deserves, which is the best.”
Zacch Adedeji, Executive Chairman of the Nigeria Revenue Service, urged citizens and religious leaders to back President Tinubu’s tax reforms, which officially take effect this January 2026. He emphasized that strengthening domestic revenue is the essential foundation for sustaining Nigeria’s long-term prosperity.
Recall, President Tinubu signed the four tax reform bills into law on the June 26.
The four laws are the Nigeria tax bill, the Nigeria tax administration bill, the Nigeria revenue service (establishment) bill, and the joint revenue board (establishment) bill.
However, the recently enacted legislation consists of four key statutes: the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service (Establishment) Act, and the Joint Revenue Board (Establishment) Act.
Despite calls for a delay in implementation, the President has affirmed that the new tax regime will commence as scheduled on January 1, 2026.
The president assured Nigerians that the reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation, and they are not designed to raise taxes.
