Nigeria's new tax overhaul has everyone sweating. As the 2026 work year began, salaried workers, traders, and businesses faced a fundamentally reformed system, causing widespread anxiety and confusion among ordinary citizens, particularly low-income earners. The government's new framework, promised to be fairer and more efficient, officially started with the 2025 tax laws. Early days showed an orderly rollout but hinted at public scrutiny and digital growing pains ahead.
The updated structure introduces progressive income brackets. Individuals earning under 800,000 naira annually pay nothing. Income from 800,001 to just under 3 million naira is taxed at 15%. Middle-income earners making between 3 million and 11 million naira face an...