A High Court, sitting in Abuja, the country’s capital city, has dismissed a suit seeking to stop the commencement of the implementation of the new tax laws by January 1, 2026.
The suit, filed by the Incorporated Trustees of African Initiative for Abuse Public Trustees against the Federal Republic of Nigeria and others, challenges alleged discrepancies in the tax laws and their proposed January 1, 2026, implementation date.
Justice Bello Kawu, while delivering judgment on the suit, ruled that the plaintiffs failed to show legal grounds or irreparable harm to stop the implementation of the new tax laws.
Based on the ruling, the federal government, Federal Inland Revenue Service (FIRS), and the National Assembly can proceed with the Nigeria Tax Act 2025 from January 1, 2026.
Details later…