President Bola Tinubu, on Thursday, introduced a personal income tax calculator aimed at helping Nigerians estimate their tax obligations.
In a post on X later that night, Tinubu explained that the tool will enable individuals to calculate what they owe under the new tax system set to take effect next year.
The president emphasized that a just tax structure should not penalize the poor or burden the most vulnerable members of society.
“With the new tax laws I recently signed, taking effect from January 2026, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy,” Tinubu wrote.
He further explained the purpose of the newly developed calculator:
“A Personal Income Tax Calculator has been developed. It allows you to check your estimated tax under the new laws against what you currently pay.
“It shows clearly how these reforms protect low-income earners, ensures progressivity, and simplifies compliance in order to deliver a transparent system that works for all.
“Try the Personal Income Tax calculator at fiscalreforms.ng/index.php/pit-… Together, we are renewing hope in the Nigeria of our dreams.”
Tinubu also encouraged citizens to maintain faith in the country’s future:
“Bet on Nigeria to work for you, your family, and your community,” he said.
On June 26, Tinubu signed four tax reform bills into law, which will come into effect on January 1, 2026.
These include the Nigeria Tax (Fair Taxation) Law, the Nigeria Tax Administration Law, the Joint Revenue Board (Establishment) Law, and the Nigeria Revenue Service (Establishment) Law.
The new laws are intended to ease the tax burden on citizens, promote fairness, and drive inclusive economic development.