President Bola Ahmed Tinubu has signed into law four new tax reform bills set to take effect in January, marking a significant turning point in Nigeria’s fiscal landscape. These reforms aim to overhaul the nation’s tax administration by streamlining previously uncoordinated taxes, exempting low-income earners from taxation, and replacing the Federal Inland Revenue Service (FIRS) with the National Revenue Commission (NRC). Designed to foster economic fairness, stimulate business growth, and enhance investor confidence, the new laws are expected to create a more transparent, equitable, and efficient tax system that supports sustainable development and broad-based prosperity.