“Simplifying Taxation: President Tinubu Signs Four Key Tax Reform Bills”

On June 26, 2025, President Bola Ahmed Tinubu GCFR, alongside NGF Chairman AbdulRahman AbdulRazaq CON and member governors, signed four key tax reform bills into law at the Presidential Villa:

1. Nigeria Tax (Fair Taxation) Act
2. Nigeria Tax Administration Act
3. Nigeria Revenue Service (Establishment) Act
4. Joint Revenue Board (Establishment) Act

This milestone follows extensive consultations between federal and state governments, aiming to:

• Simplify Nigeria’s tax system
• Boost revenue generation
• Improve the business environment
• Attract local and foreign investment

The reforms demonstrate a collaborative approach to creating a more efficient and inclusive tax framework.