The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns that Nigeria’s newly implemented tax laws, which took effect on January 1, 2026, may struggle to achieve their objectives due to the delicate political and economic environment in which they are being rolled out.
In a statement issued on Sunday, CPPE Executive Chief Officer, Muda Yusuf, said the timing and context of the reforms pose significant risks to their success, despite their commencement amid calls from various stakeholders for a suspension.
DAILY POST reports that the tax laws officially came into force at the beginning of the year, even as critics warned that the economy and political atmosphere were not yet stable enough to absorb such changes.
Reacting to the development, CPPE stressed that the fate of Nigeria’s tax reforms would be determined less by the content of the laws and more by the manner of their implementation.
The economic think tank noted that with 2026 expected to be a pre-election year, heightened political and social sensitivities could complicate enforcement and compliance.
According to CPPE, failure to adopt a cautious, well-sequenced, and economically realistic approach could provoke public resistance, disrupt businesses and livelihoods, and further weaken citizens’ trust in government reforms.
“Without careful sequencing, political sensitivity, and economic realism, even well-intentioned reforms can trigger resistance, disrupt livelihoods, and further erode public trust,” the organisation warned.
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