Nigeria's Finance Minister, Wale Edun, has confirmed that the new tax law, which includes a 5% additional fuel charge, will only come into effect in January 2026.

The legislation, signed into law in June, is aimed at harmonising tax rules and boosting revenue as part of a wider fiscal overhaul. However, it has already generated widespread anger among Nigerians.

Organised labour has issued the government an ultimatum to cancel the measure or face industrial action.

Thami Ngubeni spoke to Dr Adeniyi Ifetayoo, Public Affairs Analyst and Media Consultant, for more on the implications of this decision.

Nigeria's Finance Minister, Wale Edun, has confirmed that the new tax law, which includes a 5% additional fuel charge, will only come into effect in January 2026.
The legislation, signed into law in June, is aimed at harmonising tax rules and boosting revenue as part of a wider fiscal overhaul. However, it has already generated widespread anger among Nigerians.
Organised labour has issued the government an ultimatum to cancel the measure or face industrial action.
Thami Ngubeni spoke to Dr Adeniyi Ifetayoo, Public Affairs Analyst and Media Consultant, for more on the implications of this decision.

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In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.