Nigeria Promise Noted: Tinubu Signs Four Tax Reform Bills into Law

On Thursday, June 26, 2025, President Bola Tinubu signed four tax reform bills into law during a ceremony at the Presidential Villa. The newly enacted bills, which include the Nigeria Tax Bill and the Nigeria Tax Administration Bill, were passed by the National Assembly and are intended to put the country back on a path of economic recovery. Tinubu explained that these bills, which also establish the Nigeria Revenue Service and the Joint Revenue Board, are a crucial step toward improving the nation's financial health.

• President Bola Tinubu signed four tax reform bills into law on June 26, 2025.
• The bills were passed by the National Assembly after consultations with various stakeholders.
• The reforms are aimed at improving Nigeria's economy and putting it on a path to recovery.
• The laws include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

These tax reforms arrive like an uninvited guest at Nigeria's struggling economic dinner table – we're being asked to pay more for a meal we've not yet tasted. For market traders, it's another receipt to juggle. For corporations, new compliance headaches. For the government, a test of whether increased revenue translates to visible improvements. The true measure won't be in tax collection figures, but in whether citizens eventually feel they're getting value for their money.