Six months into Nigeria’s tax reforms, the Organised Private Sector is demanding greater clarity and predictability in tax administration as businesses adjust to the new regime.
Speaking at the 2026 LCCI-OPS Stakeholders’ Forum on Emerging Tax Matters, Leye Kupoluyi, president of the Lagos Chamber of Commerce and Industry, said the conversation has shifted from legislation to implementation and from expectation to evidence.
According to him, businesses make investment decisions based on expected future costs. He noted that when tax rules change frequently, regulations are delayed, or different authorities interpret provisions differently, it ceases to be just a tax administration problem and becomes an investment problem.
Kupoluyi, who was represented by Olajumoke Fashanu, welcomed the transition guidelines recently issued by the federal government, noting that they clarify how pre-2026 transactions and new accounting periods will be treated.
However, he said going forward, Nigeria needs a tax administration culture where clarification comes before disputes, consultation precedes major changes, and digitalization delivers simplicity instead of additional bureaucracy.
