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ARTICLE · 23 SEPTEMBER 2025

Nigerian Tax Reform Acts: Structuring For Efficiency In An Evolving Fiscal Landscape

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On June 26, 2025, the Federal Government of Nigeria signed into law a suite of tax reform legislation that consolidates and replaces over a dozen laws. The reforms are anchored on four principal Acts...

NigeriaTax
Seun Timi-Koleolu
Seun Timi-Koleolu
Promise Itah
Promise Itah

Introduction

On June 26, 2025, the Federal Government of Nigeria signed into law a suite of tax reform legislation that consolidates and replaces over a dozen laws. The reforms are anchored on four principal Acts: Nigeria Tax Act (Tax Act); Nigeria Tax Administration Act (Tax Administration Act); Nigeria Revenue Service Act (NRSA); and Joint Revenue Board Act (JRBA). While the NRSA and JRBA are already operational, the Tax Act and the Tax Administration Act will take effect on January 1, 2026. For a detailed overview of these reforms, please see our newsletter here.

In the light of these reforms, businesses must take a new look at their current structures and, where necessary, strategically restructure to prevent inefficiencies, ensure compliance, and capture available opportunities.

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