President Tinubu Signs Four Tax Bills Into Law

President Bola Ahmed Tinubu has assented to the four Tax Bills to become Law in the country.

This was done at a ceremony held at the Presidential Villa, Abuja.

The tax bills include: Nigeria Tax Bill; The Nigerian Tax Administration bill; National Revenue Service (Establishment) bill; Joint Revenue Board (Establishment) Bill.

One of the four bills is the Nigeria Tax Bill (Ease of Doing Business), which aims to consolidate Nigeria’s fragmented tax laws into a harmonised statute.

By reducing the multiplicity of taxes and eliminating duplication, the bill will enhance the ease of doing business, reduce taxpayer compliance burdens, and create a more predictable fiscal environment.

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The second bill, the Nigeria Tax Administration Bill, will establish a uniform legal and operational framework for tax administration across federal, state, and local governments.

President Bola Ahmed Tinubu (GCFR) gives Presidential Assent to the 4 Tax Bills to become Law.

1. Nigeria Tax Bill
2. The Nigerian Tax Administration bill
3. National Revenue Service (Establishment) bill
4. Joint Revenue Board (Establishment) Bill.

New Dawn for Nigeria! pic.twitter.com/8AT2tDcLzo

— Daddy D.O🇳🇬 (@DOlusegun) June 26, 2025

The Nigeria Revenue Service (Establishment) Bill, the third bill, repeals the current Federal Inland Revenue Service Act and creates a more autonomous and performance-driven national revenue agency— the Nigeria Revenue Service (NRS). It defines the NRS’s expanded mandate, including non-tax revenue collection, and lays out transparency, accountability, and efficiency mechanisms.

The fourth bill is the Joint Revenue Board (Establishment) Bill. It provides for a formal governance structure to facilitate cooperation between revenue authorities at all levels of government. It introduces essential oversight mechanisms, including establishing a Tax Appeal Tribunal and an Office of the Tax Ombudsman.