Breaking: Federal Government Reacts To Alleged Changes In Tax Laws

Breaking: Federal Government Reacts To Alleged Changes In Tax Laws

  • The Federal government has assured minimal impact from the alleged changes in the recent tax laws
  • The presidential Tax Reform Committee, Taiwo Oyedele, downplayed the concerns over altered provisions in legislation
  • Oyedele said the key aspects, like the tax rates and filing deadlines, remain unaffected

Legit.ng journalist Adekunle Dada has over 8 years of experience covering metro, government policy, and international issues

Lagos State - The federal government said a few changes made to the newly passed tax laws will not have any major effect.

The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, downplayed the impact of any changes in the tax reforms.

Federal government says the few changes shouldn’t affect the new tax laws
Taiwo Oyedele says a few changes will not have any major effect on the passed tax laws. Photo credit: @officialABAT/@taiwoyedele
Source: Twitter

Oyedele said the few changes do not affect the core provisions of the legislation.

As reported by Daily Trust, he stated this while speaking in Lagos on Wednesday, January 14, 2026.

Responding to questions shortly after he delivered a keynote address at the 2026 Economic Outlook, he said:

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NRS chairman lists items that will not be taxed in new tax laws

“What I’ll say to you is, the explanation we have provided about the law, because all this issue of they’ve altered, they’ve not altered, it’s not even a lot.
“There are a few items that shouldn’t affect the main thing that people need to know, nothing about the tax rate, about the tax burden, or the filing deadline. So, but this is the best I can say to you, as we speak.”

According to Oyedele, the National Assembly fuelled uncertainty after collecting the printed copies of the tax laws.

He alleged that theNational Assembly took custody of all printed copies of the tax laws and directed that they should not be sold or made available to the public until lawmakers conclude their review.

"But in the interest of accountability and transparency, " my staff told me that they said everything that they printed, the National Assembly collected from them, and said they shouldn’t sell to anyone, that they want to complete their review. While that is good, it also creates the uncertainty again.”
Federal government reacts to alleged changes in tax laws
Taiwo Oyedele says there are few items that shouldn’t affect the core provisions. Photo credit: @taiwoyedele
Source: Twitter

All to know about the new tax laws.

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Federal government’s tax reforms: Peter Obi flags issues in fresh statement

Recall that Nigeria’s new tax laws take effect from January 1, 2026, with JRBEA and NRSEA already active since June 26, 2025.

There have been misconceptions and false narratives about the new tax laws introduced by President Bola Tinubu.

Several Exemptions are contained in the law and cover low-income earners, pensions, military salaries, and small businesses.

Read more stories on new tax laws:

Tax laws: How to know if you are eligible

Legit.ng also reported that Nigeria’s new tax law finally set out clear rules on who counted as a resident for tax purposes.

For decades, individuals had struggled with uncertainty over whether they were liable to pay taxes in the country.

The updated residency criteria now offer a straightforward checklist that determines if someone was taxable in Nigeria.

Source: Legit.ng

Authors:
Adekunle Dada avatar

Adekunle Dada (Politics and Current Affairs Editor) Adekunle Dada is a trained journalist with over 8 years of working experience. He is also a Politics/Current Affairs Editor at Legit.ng. He holds a B.Sc. in Mass Communication from Lagos State University, Ojo. Adekunle previously worked at PM News, The Sun, and Within Nigeria, where he expressed his journalistic skills with well-researched articles and features. In 2024, Adekunle obtained a certificate in advanced digital reporting from the Google News Initiative. He can be reached via adekunle.dada@corp.legit.ng.