President Bola Ahmed Tinubu has unveiled a new Personal Income Tax Calculator, designed to help Nigerians understand how the administration’s recently signed tax reforms will affect their earnings.
Announcing the innovation in a post on his official X handle on Friday, the President explained that the tool enables citizens to compare their estimated tax payments under the new regime with current rates, ensuring clarity, transparency, and fairness.
The tax reforms, which are set to take effect in January 2026, are aimed at building a system that protects low-income earners, promotes fairness, and strengthens equity in wealth distribution.
“A fair tax system must never punish poverty or weigh down the most vulnerable,” Tinubu said. “With the new tax laws I recently signed, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy.”
According to him, the calculator makes it easy for individuals to see how the reforms safeguard low-income groups, guarantee progressivity, and simplify compliance, thereby delivering a tax system that works for everyone.
He urged Nigerians to embrace the reforms with optimism: “Together, we are renewing hope in the Nigeria of our dreams. Take a bet on our country. Bet on Nigeria to work for you, your family, and your community.”
The Personal Income Tax Calculator is available online at: fiscalreforms.ng/pit-calculator
