President Bola Ahmed Tinubu has unveiled a Personal Income Tax Calculator designed to help Nigerians understand how the government’s recent tax reforms will affect their earnings.
Announcing the tool via his official X (formerly Twitter) account, President Tinubu said the calculator allows users to compare their current tax payments with projected paymentsunder the new tax laws, which take effect from January 2026.
He emphasized that the reforms aim to establish a fair and progressive tax system, especially protecting low-income earners from undue financial pressure.
“A fair tax system must never punish poverty or weigh down the most vulnerable,” Tinubu said. “With these new tax laws, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy.”
The President highlighted that the calculator was developed to promote transparency, make compliance easier, and ensure the reforms are well-understood by the public.
“It shows clearly how these reforms protect low-income earners, ensure progressivity, and simplify compliance to deliver a transparent system that works for all,” he added.
He urged Nigerians to “bet on the country” and take advantage of the reforms aimed at renewing hope and building a more equitable economic system.
