Tag: New tax laws

New tax laws: NRS takes over collection of mineral royalties

Aminu Imam
NRS takes over tax collection

Collection of mineral royalties from mining sector operators across the country will henceforth be the responsibility of the Nigeria Revenue Service (NRS), while the Ministry of Solid Minerals Development will continue its technical and regulatory oversight on the sector. This was the outcome of a meeting between the Minister of Solid Minerals Development, Dele Alake and the NRS chairman, Zacch Adedeji, held at the former’s office in Abuja on Thursday, to define collaborative ways of working together. The decision was based on the new tax laws, which empower NRS to…

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New Tax Laws: Liberty TVR Boss calls for local language sensitisation across Northern Zones

Aminu Imam
Ramalan urges

Aminu Imam Executive Chairman of ATAR Communications Nigeria Limited, owners of Liberty TVR, Alhaji (Dr.) Ahmed Tijjani Ramalan, has called for intensified public enlightenment on Nigeria’s new tax reform laws, particularly through local-language broadcasts across the northern zones. Ramalan made the call yesterday while speaking with journalists in Abuja, noting that widespread misunderstanding of the new tax laws—especially in Northern Nigeria—has fuelled misinformation, misrepresentation, and public suspicion about the government’s intentions. According to him, the absence of clear, sustained sensitisation has left many Nigerians, including educated citizens, confused about how…

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New tax laws: FG pauses implementation guidelines amid uncertainty over final text

Aminu Imam
FG suspends tax laws

The Federal Government has suspended the issuance of implementation guidelines for Nigeria’s newly enacted tax laws following uncertainty over the final approved version of the legislation. The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, disclosed this during the ‘2026 Economic Outlook’ event organised by the Institute of Chartered Accountants of Nigeria, (ICAN), in Lagos. According to him, the Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have been directed to halt all implementation processes until clarity is achieved on the authentic version of the laws. Oyedele…

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NANS declares Jan. 14 nationwide protest against new tax laws

Aminu Imam
NANS protest

The National Association of Nigerian Students, (NANS), has set 14 January, 2026, for a nationwide action to protest against the implementation of the new tax laws, citing concerns over its impact on students and the wider Nigerian populace. NANS President, Olushola Oladoja, disclosed this in a statement issued on Wednesday where he expressed profound disappointment and total lack of confidence in the fiscal and economic advisers surrounding President Bola Tinubu. Oladoja said thorough what he called their misguided counsel, Tinubu has continued to push the administration towards an avoidable national…

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New Tax Law: NANS demands suspension pending review, public education

Aminu Imam
NANS on new tax law

The National Association of Nigerian Students, (NANS), has called on the Federal Government to immediately suspend the planned implementation of the newly introduced Tax Reform Law, citing poor public enlightenment and alleged alterations to the version passed by the 10th National Assembly. The student body made the demand in an issued statement signed by its National President, Olushola Oladoja yesterday, ahead of the law’s scheduled commencement on January 1, 2026. While acknowledging the importance of tax reforms to national development, NANS said the current implementation process was “fundamentally flawed, poorly…

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New tax laws: FG stands firm on Jan. 1 rollout

Aminu Imam
FG on new tax laws

The Federal Government has reaffirmed that the implementation of the new tax laws will commence on January 1, 2026, insisting there will be no postponement despite mounting controversy and calls for a delay over alleged irregularities in the legislative process. However, in response to public concerns surrounding the passage, presidential assent and gazetting of the laws, the leadership of the 10th National Assembly has directed the Clerk to re-gazette the Tax Acts, and issue Certified True Copies of the versions duly passed by both chambers. The firm stance by the…

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