lekan atanda

A chartered accountant, a data scientist.

[Taiwo Oyedele @taiwoyedele]

FEDERAL MINISTRY OF FINANCE

PRESS RELEASE

𝐅𝐄𝐃𝐄𝐑𝐀𝐋 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 𝐈𝐒𝐒𝐔𝐄𝐒 𝐓𝐑𝐀𝐍𝐒𝐈𝐓𝐈𝐎𝐍 𝐆𝐔𝐈𝐃𝐄𝐋𝐈𝐍𝐄𝐒 𝐅𝐎𝐑 𝐓𝐀𝐗 𝐀𝐂𝐓𝐒 2025

The Federal Government has issued the General Guidelines for the implementation of the Tax Acts 2025, setting out the process for transition from the repealed tax laws to the new tax framework effective from January 1, 2026.

Issued by the Federal Ministry of Finance, the Guidelines provide direction to taxpayers, tax practitioners, revenue authorities and other stakeholders on how to address various issues arising from the old regime to the new framework.

Under the Guidelines, the Tax Acts 2025 comprising the Nigeria Revenue Service (Establishment) Act, the Nigeria Tax Act, the Nigeria Tax Administration Act, and the Joint Revenue Board (Establishment) Act apply from the respective commencement dates as enacted in each law. In particular, January 1, 2026 for the Nigeria Tax Act, 2025.

Tax liabilities, assessments, audits, investigations, disputes and enforcement actions relating to periods before that date will be treated under the repealed tax laws.

Tax returns relating to accounting periods ending before January 1, 2026, will be filed under the previous tax laws, while returns relating to accounting periods ending from January 1, 2026, onward will be administered under the new tax framework.

The document also covers the treatment of income taxes, transaction taxes, development levies, tax incentives, exemptions, record-keeping obligations and transactions that span both the old and new tax regimes.

Existing tax incentives and exemptions granted under the repealed laws will remain in place until their expiration dates. New applications and pending requests, however, will be considered under the provisions of the Tax Acts 2025.

Speaking on the release of the Guidelines, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, said the document provides a framework for managing transitional issues while ensuring that the new laws are not applied retrospectively.

He described the Tax Acts 2025 as a significant milestone in Nigeria's tax reform programme, noting that the Guidelines set out how existing obligations, ongoing matters and future transactions will be treated under the new regime.

According to the Minister, the Guidelines are anchored on three key principles - clarity, fairness and administrative certainty.

The Guidelines are intended to promote uniform implementation and support effective administration across the Nigeria Revenue Service, State Internal Revenue Services, the FCT Internal Revenue Service, Local Government Revenue Committees, tax practitioners and taxpayers nationwide.

The Government reaffirmed its commitment to building a transparent, efficient and modern tax system that supports economic growth, strengthens revenue administration, encourages voluntary compliance and improves Nigeria's investment climate.

Efe Ovuakporie
Director, Press Relations
Federal Ministry of Finance

June 18, 2026

[lekan atanda @lekanatanda2]

@Eyeofnigeria @Gen_Buhar @abazwhyllzz @_chiefagbabiaka @salawueedris1 @AbiodunBorisade @egi_nupe @Babakuramadu @alukoboy_ @Palermo_seun @OluwabunmiAdeo7 Yes

[D English Alhaji fans page @DEngliishalhaji]

GOOD NEWS 💪 💪💪💪💪💪💪

Congratulations to our military 🪖🪖🪖🪖

[lekan atanda @lekanatanda2]

@YemmyAj Yes

[lekan atanda @lekanatanda2]

@HBMayana_ Yes

[lekan atanda @lekanatanda2]

@OfficialAzzaki Yes

[Imakunblog @imakun122]

Repost for tinubu

Like for Peter obi

Comments for Atiku

Let’s see who win .

[lekan atanda @lekanatanda2]

@mamatii001 @Gen_Buhar Yes

[Gbotemi @confindence24]

TINUBU
IS A
TWO-TERM
PRESIDENT.
REPOST
IF YOU
CONFIRM
IT.
IRE OO. @officialABAT

[lekan atanda @lekanatanda2]

@confindence24 @Gen_Buhar @woye1 Yes

[lekan atanda @lekanatanda2]

@confindence24 @Gen_Buhar @officialABAT Love ❤️ Asiwaju

[lekan atanda @lekanatanda2]

@yabaleftonline Good

[A. Ayofe @abdullahayofel]

Don't say anything just Retweet 👇
December to remember 👇🔥

[A. Ayofe @abdullahayofel]

Mallam Nuhu Ribadu is The best NSA Nigeria has ever had 🇳🇬❤️
If you believe don't say anything just Retweet 🔥❤️

[lekan atanda @lekanatanda2]

Please, how can i register for the program?I

[Taiwo Oyedele @taiwoyedele]

𝐓𝐑𝐀𝐈𝐍–𝐓𝐇𝐄–𝐓𝐑𝐀𝐈𝐍𝐄𝐑 𝐏𝐑𝐎𝐆𝐑𝐀𝐌 𝐅𝐎𝐑 𝐏𝐑𝐎𝐅𝐄𝐒𝐒𝐈𝐎𝐍𝐀𝐋𝐒

Our target was to train 3,000 professionals nationwide, but the response exceeded our expectations. We received 11,137 applications in just 2 weeks. We are grateful to everyone who indicated interest. 

To accommodate all applicants, the program will be rolled out in three modules. Participants may choose to attend module 1 only; modules 1 & 2, or all three modules, depending on their needs.

𝐌𝐨𝐝𝐮𝐥𝐞 1 - Tax reform foundations, policy objectives and key changes

𝐌𝐨𝐝𝐮𝐥𝐞 2 - Technical analysis, deep insights and compliance requirements 

𝐌𝐨𝐝𝐮𝐥𝐞 3 - Case studies and practical applications

Further details and invitations will be sent from: [email protected]

Please check your inbox and spam folder regularly so you don’t miss any updates.

Training begins Tuesday, 16 December 2025. Stay tuned!

— 𝑷𝒓𝒆𝒔𝒊𝒅𝒆𝒏𝒕𝒊𝒂𝒍 𝑭𝒊𝒔𝒄𝒂𝒍 𝑷𝒐𝒍𝒊𝒄𝒚 & 𝑻𝒂𝒙 𝑹𝒆𝒇𝒐𝒓𝒎𝒔 𝑪𝒐𝒎𝒎𝒊𝒕𝒕𝒆𝒆

[Olorogun Jesurukevwe Emmy, the Urukpe of Agbarho. @Jesurukky1]

Harrison Gwamnishu has been instrumental in 80% of the success recorded against heavily armed kidnappers across Delta, Edo, Kogi and most recent Kwara State.

What he does is deploying sophisticated tech to help track the locations of the kidnappers whenever they kidnap victims and with the help of this tech, the local vigilantes that knows the way round the forest, the police and Army will immediately swings into actions that helps in rescuing kidnapped victims.

The scary part is that he does not only shows the locations of the kidnappers via his tech to the security outfits to execute the rescues, he also risk his life being in the frontline in the forest without any form of security training.

He did play a major role in the rescue of the 38 CAC church kidnap victims in Kwara State yesterday.

He did it in Kogi State, Edo State and in Delta State. He is the reasons why kidnapping rate have reduced drastically in the Delta-North axis.

Harrison Gwamnishu is a great man and valuable asset to our Country. May God bless and protect you wherever you goes.

You deserves an accolade.
May God protect Harrison Gwamnishu!

[Habibu Bello Mayana @HBMayana_]

Nigerians' love for President Tinubu is second to none.

This woman carved President Tinubu's face into a watermelon.

WHAT LOVE!
WHAT A PRESIDENT!

[Akereyejo @Palermo_seun]

Can we get 100 reposts for President Tinubu for remaining calm amid criticism and propaganda against his leadership?🇳🇬👑🫡

[A. Ayofe @abdullahayofel]

If you support President Tinubu 2027.... Just Retweet and spread the message ✊❤️👇🇳🇬

[A. Ayofe @abdullahayofel]

Don't say anything just Retweet 🔥✊❤️