Nigeria Tax Law Alterations Confirmed
Analysis based on 12 articles · First reported Jan 23, 2026 · Last updated Jan 25, 2026
The illegal alteration of Nigeria's tax laws, particularly the Nigeria Tax Administration Act 2025, creates significant uncertainty and distrust in the regulatory environment, negatively impacting investor confidence in Nigeria. Changes like lowered reporting thresholds and expanded enforcement powers could increase compliance burdens and risks for businesses, potentially deterring both domestic and foreign investments.
The Nigeria — House of Representatives (Nigeria) Minority Caucus Ad-hoc Committee has confirmed illegal alterations in several tax reform laws, most notably the Nigeria Tax Administration Act 2025, which were passed by the National Assembly and assented to by President Bola Tinubu. The controversy began when Abdussamad Dasuki, a member of the Nigeria — House of Representatives (Nigeria), raised an alarm about discrepancies between the versions of the tax laws passed by lawmakers and those published in the official gazette. The committee, led by Victor Ogene and constituted by Kingsley Chinda, found significant changes, including lowered tax compliance reporting thresholds, new mandatory 20% deposits for appealing tax decisions, expanded enforcement powers for tax authorities allowing arrests and asset sales without court orders, and the removal of petroleum income tax and VAT from federal taxes. Additionally, the Nigerian Revenue Service (Establishment) Act had provisions for National Assembly oversight deleted. These 'anomalies, illegalities, and impunity' are seen as undermining the constitutional powers of the National Assembly and Nigeria's democracy, prompting a request for a deeper investigation.
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