President Bola Ahmed Tinubu has reassured Nigerians that the Federal Government’s recent tax reforms are designed to ease the burden on low-income earners while promoting fairness, equity, and transparency in the system.
In a statement released on his verified X handle on Tuesday, President Tinubu said the reforms, which take effect from January 2026, are aimed at ensuring that taxation in Nigeria supports economic growth without punishing the poor.
“A fair tax system must never punish poverty or weigh down the most vulnerable,” the President wrote.
“With the new tax laws I recently signed, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy.”
To help citizens understand the impact of the reforms, Tinubu announced the rollout of a Personal Income Tax Calculator, an online tool that allows taxpayers to compare their current liabilities with what they would owe under the new system.
According to the President, the calculator demonstrates how the reforms protect low-income earners, maintain progressivity, and simplify compliance.
The tool is available at fiscalreforms.ng.
Tinubu urged Nigerians to view the reforms as part of his administration’s broader drive to restore trust in governance and build an economy that works for all.
“Together, we are renewing hope in the Nigeria of our dreams. Take a bet on our country. Bet on Nigeria to work for you, your family, and your community,” he said.
The reforms are widely regarded as one of the most significant overhauls of Nigeria’s tax framework in recent years, with policymakers stressing that they will expand the tax net, improve compliance, and strengthen public revenues without stifling growth.
Credit: @officialABAT via X.
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