The Centre for the Promotion of Non-public Enterprise has mentioned the brand new tax legal guidelines, which started January 1, 2026, could not succeed as a result of they’re unfolding beneath unusually delicate circumstances.
CPPE Government Chief Officer, Muda Yusuf disclosed this in a press release on Sunday.
This comes as DAILY POST stories that new tax legal guidelines kicked off regardless of calls for his or her suspension.
Commenting, CPPE burdened that the last word success or failure of Nigeria’s tax reform will rely far much less on its legislative provisions and way more on how it’s carried out.
The financial assume tank mentioned with 2026 shaping up as a pre-election yr, political and social warning is crucial and will affect the implementation of the tax legal guidelines.
“With out cautious sequencing, political sensitivity, and financial realism, even well-intentioned reforms can set off resistance, disrupt livelihoods, and additional erode public belief,” CPPE mentioned.
