President Bola Tinubu has unveiled a new Personal Income Tax Calculator designed to help Nigerians understand how the recently signed tax reforms will affect their incomes. The digital tool, which can be accessed at fiscalreforms.ng, allows citizens to input details such as their annual income, pension and health contributions, and housing expenses to compare current tax rates with those under the new law.
Announcing the development on his official X (formerly Twitter) account, Tinubu explained that the calculator was created to promote clarity and transparency. According to him, the reforms, scheduled to take effect from January 1, 2026, are aimed at creating a fairer and more progressive tax system that protects low-income earners while simplifying compliance for all taxpayers.
“A fair tax system must never punish poverty or weigh down the most vulnerable,” the President stated. He added that the reforms lift existing burdens and establish a path of equity, fairness, and redistribution in the economy. By providing a side-by-side view of current and future obligations, the calculator highlights how low-income earners are shielded under the new regime.
The tax reform package, passed into law earlier this year, consists of four major bills and includes the establishment of the Nigeria Revenue Service (NRS) to replace the Federal Inland Revenue Service (FIRS). The legislation forms part of the administration’s broader fiscal strategy to improve compliance, boost government revenue, and raise Nigeria’s tax-to-GDP ratio.
Tinubu urged citizens to explore the calculator and see for themselves how the reforms would shape their financial outlook. “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,” he said.
