ABUJA — June 18, 2026 — The Federal Government has released transition guidelines for the Tax Acts 2025, set to replace all repealed tax laws starting January 1, 2026.
The Finance Ministry says the new framework will streamline Nigeria’s tax system and clarify compliance rules for businesses, SMEs, and accountants ahead of the rollout. The Acts will consolidate multiple existing tax laws into one code.
The announcement comes as the naira weakens and oil prices slide, with businesses closely watching how the new tax regime will affect operating costs and revenue projections.
