HomeBusinessTinubu Dey Stand Gidigba for New Tax Law, No Delay!

Tinubu Dey Stand Gidigba for New Tax Law, No Delay!

Naija no get time for wahala as President Bola Ahmed Tinubu don clear say new tax laws go start on 1 January 2026. E call am ‘once-in-a-generation opportunity’ wey go build beta fiscal foundation without any increase for tax. No be small thing o!

Tinubu dey yan say nobody fit disrupt this reform process wey plenty people dey shout for. He talk am for statement wey him sign say those tax laws wey start from 26 June 2025 go still dey respected. As e be, the government wan make sure say e no dey raise tax but rather bring change wey go help everybody.

‘I don hear wetin people dey talk about some portions of the tax law, but truth be say, no serious issue don show wey fit make us delay the process,’ na wetin Tinubu talk. E add say the government dey willing to work with the National Assembly to sort out any issue wey go show face.

The mgaon of LCCI, Engr. Leye Kupoluyi, don urge government to make sure say dem implement the tax reform well. E dey believe say if dem fit simplify compliance, na so our economy go begin gree move forward. Dem dey expect say di reforms go make sense for SMEs but dem dey fear on top wetin fit happen.

Some PDP people don dey shout say dis Tax Act fit cause wahala. Dem talk say discrepancies dey wey need to be settled before the law go start. The party don call for thorough investigation as dem dey fear say dangerous provisions don enter the law nau! Dem remind Tinubu say e dey work for the people, make e no forget say na dem vote am in

But no be only complain dey show. Some analysts go like see more awareness for how this new tax system go work, especially as e go affect plenty businesses. Professor Chris Onalo, wey be CEO of NICA, yarn say without proper enlightenment, people go dey fear to access credit due to increased costs.

As Naija dey prepare for this new tax regime, small and medium businesses dey caught for middle, after dem don promise say everywhere go sweet, dem dey still dey see cut costs and compliance wahala. But some business leaders dey believe say at the end, e go help reduce multiple taxation as dem stand gidigba.

Naija don see plenty ups and downs before, wey bring confusion, so wetin go happen now? Only time go tell if Tinubu fit deliver on this one. Abeg make we dey follow wetin dey happen closely, as e fit change the game for our economy!


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