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flag Nigeria to overhaul taxes in Jan 2026, sparking concern over costs and income.

flag Nigeria’s federal government plans sweeping tax reforms in January 2026 to simplify its complex tax system and boost revenue. flag Officials say the changes aim to create a fairer, more efficient tax environment, but widespread concern is growing among citizens, small businesses, and corporations about potential impacts on disposable income, profit margins, and the cost of living. flag Many fear higher prices and reduced take-home pay, though full details remain undisclosed. flag Experts and the public are closely monitoring the reforms, as their outcome could significantly affect Nigeria’s economic future.

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