Nigeria's 2025 Tax Reform Acts Signed into Law
On 26 June 2025, Nigerian President Bola Tinubu signed the Nigeria Tax Act 2025, the Nigeria Revenue Service (Establishment) Act 2025, the Nigeria Tax Administration Act 2025, and the Joint Revenue Board (Establishment) Act into law. Some of the main measures are summarized as follows:
- New personal income tax brackets/rates are introduced:
- first NGN 800,000 - 0%
- next NGN 2,200,000 - 15%
- next N…