On 26 June 2025, Tax Reforms Bills passed by both houses of National Assembly were signed into law by the President. The new Tax Acts with commencement date of 1 January 2026 are listed below:

a) Nigeria Tax Act, 2025 (NTA)

b) Nigeria Tax Administration Act (NTAA)

c) Nigeria Revenue Service Act (NRSA)

d) Joint Revenue Board of Nigeria Establishment Act (JRBEA).

The four Acts would introduce remarkable changes to the Nigerian tax system by phasing out outdated tax laws and introduce changes to tax rates, tax incidence, digitalization and tax information presentation requirements to enhance economic growth, improve revenue generation, enhance the business landscape for taxpayers and build effective and efficient tax management by the tax authorities at various levels of government.

The tax reforms harmonized some Tax Acts and tariffs presently in force by bringing some of them under one umbrella to ease compliance and administration. The preface of the Nigeria Tax Act listed the repealed existing Acts, amended some Acts and revoked some Executive Orders on taxes and tariffs.