The Ondo State Governor, Mr. Fortunate Aiyedatiwa, has forwarded a brand new tax invoice for the state to the state Home of Meeting for consideration.
The event got here barely 24 hours earlier than the graduation of implementation of the brand new tax legislation by the federal authorities, which is beginning January 1, 2026.
The state Lawyer Basic and Commissioner for Justice, Dr Olukayode Ajulo, SAN, disclosed this after the State Government Council assembly held on Tuesday.
This was contained in a press release issued by the Chief Press Secretary to the Governor, Mr Ebenezer Adeniyan, on Wednesday. Based on the assertion, the assembly was presided over by the governor.
Ajulo mentioned the state authorities had given approval for a brand new tax invoice to be submitted to the Meeting to endure legislative critiques and debate for onward passage.
Based on him, the event is aligned with the state’s dedication to harmonise its fiscal insurance policies with the upcoming new federation tax legislation, which is about to take impact on January 1, 2026.
He defined, ” The brand new invoice is designed to make sure that Ondo State’s tax framework operates in tandem with nationwide requirements below the Nigeria Tax Act 2025 and associated reforms, selling effectivity, transparency, and sustainable income technology for the advantage of all residents.
“By adopting these measures, the state goals to foster financial progress, enhance public companies, and create a extra equitable tax atmosphere that helps companies and people alike, together with aid for low-income earners and small companies.
“This approval marks a proactive step in direction of integrating Ondo State into the evolving nationwide tax panorama. It should allow us to raised serve our folks whereas contributing to Nigeria’s broader financial targets.”
The AG, because the invoice could be transmitted to the Meeting, urged the general public to take part within the course of and stay open to constructive suggestions from stakeholders.
Additionally talking after the assembly, the state Head of Service, Mr. Bayo Philip, disclosed that the state authorities had declared Friday, January 2, 2026, a work-free day for the state civil servants
He mentioned the vacation was designed to offer employees enough time to return from the New Yr vacation. The federal authorities had earlier declared January 1 as a public vacation.
Philip described the choice as a aid for employees and urged public servants and members of the general public to be aware of the revised resumption date, noting that the brand new resumption day (Monday, January 5) would function the state’s customary first workday prayer assembly on the Governor’s Workplace complicated.
