“No Going Back on New Tax Laws, Implementation Begins January 1, 2026” – President Bola Tinubu

President Bola Tinubu has said the implementation of the newly enacted tax reform laws will begin as scheduled on January 1, 2026.

In a statement issued on Tuesday, the president described the reforms as a once-in-a-generation opportunity to establish a fair, competitive, and resilient fiscal framework, stressing that they are not intended to increase taxes.

Tinubu noted that while some of the tax laws took effect on June 26, 2025, others are slated to commence on January 1, 2026, adding that the implementation timeline remains unchanged.

“These reforms present a rare opportunity to build a fair, competitive, and robust fiscal foundation for our country,” he said.

He explained that the tax laws are aimed at driving structural reforms, harmonising the tax system, and safeguarding citizens’ dignity, rather than raising tax rates, while also strengthening the social contract between the government and the people.

The president urged all stakeholders to support the implementation process, describing the reforms as having entered a critical delivery phase.

Addressing public concerns over alleged alterations between the tax laws passed by the National Assembly and those later gazetted, Tinubu acknowledged the ongoing debate but maintained that there is no compelling reason to halt the reform process.

“Our administration is aware of the public discourse surrounding alleged changes to certain provisions of the recently enacted tax laws,” he said.

“However, no substantial issue has been identified that would justify disrupting the reform process. Trust is built over time by making the right decisions, not through hasty, reactive actions.”

He reaffirmed his administration’s commitment to due process and the integrity of enacted laws, pledging collaboration with the National Assembly to swiftly resolve any issues that may arise.

Tinubu assured Nigerians that the Federal Government would continue to act in the public interest to deliver a tax system that promotes prosperity and shared responsibility.

President Bola Ahmed Tinubu described the accident as a “tragic loss that has cast a shadow over the season”, extending sympathies to Joshua and praying for his recovery. Former Vice President Atiku Abubakar and Labour Party presidential candidate Peter Obi also sent condolences, while former Ogun State Governor Ibikunle Amosun described the incident as “saddening, painful, and most unfortunate”.

Senator Natasha Akpoti-Uduaghan urged the government to prioritise road safety reforms following the crash. She said: “Losing two close friends in such a tragic manner is devastating. I pray that God grants him strength and comfort, and that the souls of the departed rest in perfect peace.” She called for stricter enforcement of traffic regulations, the establishment of highway rest stations, and the creation of a rapid-response highway emergency rescue team.

Tributes also came from the sporting community. Boxing analyst Steve Bunce said: “Sina and Latz are massive parts of the Anthony Joshua machine. He calls them his boys. They are more than that. They are friends.” Fellow boxer Chris Eubank Jr added: “Thank God our heavyweight champ survived that horrible car crash. Pray for the two fallen soldiers Latz & Sina. I knew both, they were genuinely good men. Rest in Peace boys.”

Joshua had been in Nigeria for New Year engagements following his recent victory over Jake Paul in Miami.