Nigeria: Key Changes to Nigeria’s Tax Laws and How They Affect You

The tax-to-GDP ratio only recently climbed to 13.5 per cent from roughly 10.8 per cent about three years ago.

The Nigerian Tax Act 2025, which became law last Thursday after several months in the works, consolidated four tax reform bills into a single document for efficiency and ease of reference.

They include the Nigerian Tax Act, the Nigerian Tax Administration Act, the Nigerian Revenue Service Act and the Joint Board Revenue Board Act into a single document for efficiency and ease of…