The Federal Government has unveiled fresh guidelines to steer Nigeria’s transition into a new tax regime scheduled to take effect on January 1, 2026.
The new directive provides clarity on how tax-related matters will be handled as the country moves away from the existing tax structure to the framework established under the Tax Acts 2025.
The guidelines, released on Thursday by the Federal Ministry of Finance, are expected to guide taxpayers, revenue agencies, tax consultants, and other stakeholders through the transition period.
According to the government, the framework addresses key issues surrounding the implementation of the new tax laws, particularly on matters involving existing tax obligations, ongoing audits, pending disputes, tax incentives, and transactions that may overlap between both regimes.
Speaking on the development, the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, said the guidelines were designed to ensure a smooth transition without creating uncertainty for taxpayers or revenue
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