NIGERIA TAX ACT, 2025

ACT NO. 7

AN ACT TO REPEAL THE CAPITAL GAINS TAX ACT, THE CASINO ACT, THE

COMPANIES INCOME TAX ACT, THE DEEP OFFSHORE AND INLAND BASIN

PRODUCTION SHARING CONTRACTS ACT, THE INDUSTRIAL DEVELOPMENT (INCOME

TAX RELIEF) ACT, INCOME TAX (AUTHORISED COMMUNICATIONS) ACT, PERSONAL

INCOME TAX ACT, STAMP DUTIES ACT, VALUE ADDED TAX ACT AND THE

VENTURE CAPITAL (INCENTIVES) ACT TO AMEND THE NIGERIA EXPORT PROCESSING

ZONES ACT, THE OIL AND GAS FREE TRADE ZONE ACT, THE NATIONAL

INFORMATION TECHNOLOGY DEVELOPMENT AGENCY ACT, PETROLEUM INDUSTRY

ACT, TERTIARY EDUCATION TRUST FUND (ESTABLISHMENT, ETC.) ACT, THE

NATIONAL AGENCY FOR SCIENCE AND ENGINEERING INFRASTRUCTURE ACT, THE

CUSTOMS, EXCISE TARIFFS, ETC. (CONSOLIDATION) ACT, THE NATIONAL LOTTERY

ACT, THE NIGERIAN MINERALS AND MINING ACT, THE NIGERIA START-UP ACT, THE

EXPORT (INCENTIVES AND MISCELLANEOUS PROVISIONS) ACT, THE CYBERCRIME

(PROHIBITION, PREVENTION, ETC.) ACT, TO REVOKE THE VALUE ADDED TAX ACT

(MODIFICATION) ORDER 2021, TO AMEND THE COMPANIES INCOME TAX

(SIGNIFICANT ECONOMIC PRESENCE) ORDER, 2020 AND THE PETROLEUM (DRILLING

AND PRODUCTION) REGULATIONS 1969, TO CONSOLIDATE THE LEGAL FRAMEWORKS

RELATING TO TAXATION AND ENACT THE NIGERIA TAX ACT TO PROVIDE FOR

TAXATION OF INCOME, TRANSACTIONS AND INSTRUMENTS; AND FOR RELATED

MATTERS.

Commencement -1st January, 2026

ENECTED by the National Assembly of the Federal Republic of Nigeria