President Bola Tinubu has signed four tax reform bills into law, marking what his administration calls a significant milestone in the effort to revamp Nigeria’s economic governance.

The signing ceremony, held on Thursday at the Presidential Villa, was attended by Senate President Godswill Akpabio, House Speaker Tajudeen Abbas, key National Assembly leaders, the Minister of Finance, the Attorney-General of the Federation, and other top government officials.

President Tinubu stated that the newly signed laws — the Nigeria Tax Bill, Tax Administration Bill, Revenue Service Establishment Bill, and Joint Revenue Board Bill — are designed to unify the country’s fragmented tax system, reduce bureaucracy, eliminate duplication, and enhance transparency across all tiers of government.

He noted that the reforms introduce Nigeria’s first significant pro-people tax cuts in a generation, with targeted relief for low-income earners, small businesses, and vulnerable families.

Tinubu described the previous tax regime as complex and unjust, placing undue burden on the vulnerable while shielding inefficiencies.

He said the new laws mark the beginning of a fairer system—one that rewards enterprise and safeguards productivity.

He commended the Fiscal Policy and Tax Reform Committee, the National Assembly, and Nigerians for supporting the vision, but stressed the work is not over.