President Bola Tinubu will on Thursday sign into law four major tax reform bills aimed at overhauling Nigeria’s fiscal and revenue systems.

The announcement was made on Wednesday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement titled “President Tinubu signs four tax bills into law tomorrow.”

The four bills are: the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

They were approved by the National Assembly following months of consultations with key stakeholders and interest groups.

“When the new tax laws become operational, they are expected to significantly transform tax administration in the country, leading to increased revenue generation, improved business environment, and a boost in domestic and foreign investments,” Onanuga said.

The presidential signing of the bills at the Presidential Villa in Abuja will be witnessed by key government officials, including the Senate President, the Speaker of the House of Representatives, the Senate Majority Leader, the House Majority Leader, and the chairmen of the Senate and House Committees on Finance.

Also expected at the ceremony are the Chairman of the Nigeria Governors’ Forum, Governor Abdulrahman Abdulrazaq of Kwara State; the Chairman of the Progressives Governors Forum, Governor Hope Uzodinma of Imo State; the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; and the Attorney General of the Federation, Lateef Fagbemi.

Among the four bills is the Nigeria Tax Bill (Ease of Doing Business), which seeks to unify the country’s fragmented tax laws into a single, 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,” said the Presidency.

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

The third bill, the Nigeria Revenue Service (Establishment) Bill, repeals the existing Federal Inland Revenue Service Act and establishes a more autonomous, efficient, and performance-driven national revenue agency known as the Nigeria Revenue Service.

The fourth bill, the Joint Revenue Board (Establishment) Bill, provides a formal governance structure to enhance collaboration among revenue authorities at all levels of government.

It also introduces key oversight mechanisms, including the creation of a Tax Appeal Tribunal and an Office of the Tax Ombudsman.