Nigeria, June 27 -- The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has announced that the newly signed tax laws will come into effect on January 1, 2026. This timeline allows the government six months for planning and sensitization.

During a press briefing at the State House, Adedeji stated, "It takes time for all the stakeholders, participants, operators, and even the regulator, to change the system. So, with the magnanimity of the National Assembly, Mister President, the effective date will be January 1, 2026, by the special grace of Almighty God. We have a full six months for both sensitization planning and also considering the fiscal year of the government."

He emphasized the importance of implementing the...