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FG unveils 50 tax exemptions, reliefs to cushion new fiscal reforms impact

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FG unveils 50 tax exemptions, reliefs to cushion new fiscal reforms impact

04 Nov, 2025

 

As part of its ongoing fiscal policy reforms aimed at easing the burden on low-income earners and boosting business competitiveness, the Presidential Fiscal Policy and Tax Reforms Committee Chair, Taiwo Oyedele, has announced 50 new tax exemptions and reliefs scheduled to take effect from January 1, 2026. The wide-ranging tax reliefs, contained in the Tax Reform Laws, form a major component of the government’s drive to promote inclusive economic growth, reduce inequality, and stimulate job creation across sectors........................READ MORE