Education

Know Your New Tax Laws

Published

1 year ago

July 8, 2025

By Aderonke Atoyebi

Understanding these new tax laws is essential for every Nigerian—it means knowing your rights, your responsibilities, and where to seek help when needed.
On June 26, President Bola Ahmed Tinubu signed into law a set of tax reform bills that will significantly change how taxes are collected and paid across the country. These reforms aim to simplify the tax system, improve fairness, and enhance the efficiency of tax administration. For many Nigerians, this marks a welcome shift from a system that has long been confusing and burdensome.
The reforms include four key laws: 1. Nigeria Tax Act 2. Nigeria Tax Administration Act, 3. Nigeria Revenue Service (Establishment) Act4. Joint Revenue Board (Establishment) Act

Nigeria Tax Act: This law consolidates several old tax statutes into a single, streamlined legal framework. In the past, overlapping tax rules made it difficult for individuals and businesses to know what taxes they owed or how to pay them.

With this Act, redundant taxes have been scrapped, and paying multiple taxes on the same income or goods is no longer permitted. Tax collection is now governed by consistent rules across the country. Whether you reside in Lagos or elsewhere, tax officers are now required to apply the same standards, eliminating double taxation and conflicting instructions from different tiers of government.

A significant provision of this Act addresses Value Added Tax (VAT). The VAT rate remains at 7.5%, but basic goods and services such as food, healthcare, education, housing rent, and public transportation are exempt or zero-rated.

This measure aims to reduce the financial burden on everyday Nigerians. The Act also strengthens the input VAT system, allowing businesses to recover VAT paid on purchases—an incentive that prevents double taxation and promotes business growth.

Another key requirement under this law is that all taxpayers—individuals and businesses alike—must obtain a Tax Identification Number (TIN).

This unique number will make tax registration easier, improve the tracking of payments, and enhance transparency and accountability in the system.

Nigeria Revenue Service (Establishment) Act: This Act replaces the former Federal Inland Revenue Service (FIRS) with the Nigeria Revenue Service, a new agency tasked with collecting all federal taxes, as well as other government revenues like fees and levies.

The agency will deploy modern technology to allow Nigerians to register, file tax returns, and make payments efficiently. This digital transformation is expected to reduce delays, errors, and opportunities for corruption in the tax process.

Joint Revenue Board (Establishment) Act: This law establishes a formal governance body to coordinate tax efforts among the federal, state, and local governments. The board will set standardised practices for all tax authorities, promoting consistency and reducing the overlapping demands and confusion that taxpayers often face.

To protect taxpayer rights, the Act also creates two important institutions: the Tax Appeal Tribunal and the Office of the Tax Ombuds. These bodies will offer avenues for resolving disputes, lodging complaints, and ensuring fairness in tax administration.

Relief Measures for Nigerians: The new reforms provide tangible relief for low-income earners and small businesses. Individuals earning up to ₦800,000 annually will be exempt from Personal Income Tax. Small and medium-sized enterprises (SMEs) with low turnover thresholds will benefit from simplified tax compliance rules and reduced tax obligations. These measures aim to support entrepreneurship and reduce the burden on small traders and business owners.

Implementation Timeline:
All provisions under these new laws will take effect from January 1, 2026. This transition period allows the government to conduct nationwide awareness campaigns to educate citizens and give tax officials time to undergo training and upgrade systems to support a smooth rollout.

These changes mark a significant shift in how Nigeria approaches taxation. For the first time, we are seeing a simplified, unified system that works for both the government and its citizens. The reforms reflect the vision of the Renewed Hope Administration—a Nigeria that is transparent, inclusive, and built for everyone.

Congratulations to all Nigerians as we take this bold step into a new era of tax responsibility and national development.

Aderonke Atoyebi is the Technical Assistant on Broadcast Media to the Executive Chairman of the Federal Inland Revenue Service.

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Education

Igbinedion University, EduTech Global Partner On Digital Education, Access

Mr. Femi Shonubi, Co-Founder/CTO – EduTech Global

Published

1 month ago

August 18, 2026

The Gleamer

Cyril Ogar

Igbinedion University, Okada, one of Nigeria’s leading private universities, has entered into a strategic partnership with EduTech Global to accelerate its digital learning ambitions, expand access to its academic programmes to students in the country.

Through the partnership, EduTech will provide digital learning infrastructure and technology support for the University’s Distance Learning Centre (DLC), thereby enabling learners to access quality university education beyond the conventional campus environment.

The partnership reflects Igbinedion University’s ambition to remain competitive in a rapidly evolving higher education landscape by combining its academic heritage with technology, innovation and new models of learning that contribute to national workforce development.

Speaking on the partnership, the Vice-Chancellor of the university, Prof. Lawrence Ezemonye, said the collaboration represented a significant step in the university’s ambition to produce graduates equipped for national and global impact.

He said: “At Igbinedion University, our mandate has always been to lead in producing graduates equipped for national and global impact. This partnership with EduTech Global represents a bold step into the future of higher education in Nigeria.
“By expanding our digital learning infrastructure, we are not just breaking down geographical barriers; we are actively contributing to national workforce development by ensuring that quality, industry-aligned education is accessible to every driven learner, regardless of location.”

In his remarks, Director, Igbinedion University Distance Learning Centre, Prof. Gideon Bawa, said the university was motivated by the opportunity to transform its existing processes, which hitherto were being handled manually, and build a more efficient and scalable distance learning model.

The Director clarified: “The growth recorded by institutions that have leveraged EduTech’s technology and expertise was a major factor in our decision to engage the company. We are confident that this partnership will position Igbinedion University to achieve significant growth in enrolment while strengthening the quality and efficiency of our Distance Learning Centre.”

“With this partnership, we expect to move most of our administrative and academic activities online through EduTech. This will improve efficiency, enhance the learner experience and allow our facilitators and students to engage more effectively through a connected digital learning environment”, Bawa added.

Commenting on the collaboration, Co-founder and Chief Technology Officer, EduTech Global, Femi Shonubi, pointed out that technology had been redefining the boundaries of what a university can offer, adding that EduTech’s role extends beyond putting courses online.

Shonubi expatiated: “Technology’s true value lies in its ability to drive tangible socio-economic impact through education. By dismantling physical boundaries, we are empowering institutions like Igbinedion University to democratise access to high-quality learning. This is about more than online courses; it is about developing a resilient, highly skilled workforce at scale to meet the demands of the modern economy.

“We are helping institutions build connected learning ecosystems that support the student journey from application and enrolment through learning, assessment and graduation. Igbinedion University’s ambition to lead in innovative education aligns strongly with what we are building at EduTech.”

General Manager, Edutech Global, Moyosore Asubiojo said the partnership arises as demand grows for flexible higher education among working professionals, entrepreneurs and learners seeking alternatives to traditional full-time campus education.

She asserted that by combining Igbinedion University’s academic competence with EduTech’s technology capabilities, the collaboration will create new pathways to quality education and workforce development while enabling the University to expand beyond its traditional geographical footprint.

Analysts believe that the partnership between the university and the tech company represents a shared commitment to making higher education more accessible, flexible and scalable, while positioning the university to compete and lead in the next generation of technology-enabled education in Nigeria and globally.

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