The Centre for the Promotion of Private Enterprise has said the new tax laws, which began January 1, 2026, may not succeed because they are unfolding under unusually delicate circumstances.
CPPE Executive Chief Officer, Muda Yusuf disclosed this in a statement on Sunday.
This comes as DAILY POST reports that new tax laws kicked off despite calls for their suspension.
Commenting, CPPE stressed that the ultimate success or failure of Nigeria’s tax reform will depend far less on its legislative provisions and far more on how it is implemented.
The economic think tank said with 2026 shaping up as a pre-election year, political and social caution is imperative and could impact the implementation of the tax laws.
“Without careful sequencing, political sensitivity, and economic realism, even well-intentioned reforms can trigger resistance, disrupt livelihoods, and further erode public trust,” CPPE said.
