Ethnic Youth {Groups} Endorse New Tax Regime, Name For Unity

Nigeria’s ethnic youth organisations are set to converge later on this January to declare their full assist for the whole implementation of the Federal Authorities’s new tax regime, describing it as a “needed sacrifice” for the nation’s long-term {economic} restoration and stability.

This was revealed in a press release signed by the Joint Convener of the coalition of the youth {groups}, Mallam Kabiru Yusuf.

The youth leaders, representing the Arewa Consultative Youths, Ohanaeze Youth Council, Oduduwa Youth Discussion board, Center Belt Youth Affiliation, and South-South Youth Coalition, introduced that the gatherings shall be held on January 8, 2026, in Kaduna (North) and January 13, 2026, in Aba, Abia State, underneath the theme “For the Sake of Nationwide Curiosity, We Stand Firmly with the Implementation of the New Tax Regime.”

In a joint press assertion, the leaders stated the initiative aimed to mobilise younger Nigerians, educate residents on the targets of the tax reforms, and foster collective duty in rebuilding the nation’s financial system.

“The trail to {economic} restoration is commonly demanding, however historical past has proven that nations that endure needed reforms emerge stronger,” the assertion learn. “Nigerian youths should see this second as a collective funding in our future prosperity.”

Whereas acknowledging the short-term pains that will accompany the coverage, the youth {groups} insisted that the reforms would strengthen Nigeria’s fiscal base, increase infrastructure growth, and create a extra sustainable {economic} future.

In addition they appealed to Nigerian youths, who they described as “the spine of the nation’s workforce and entrepreneurship” to indicate endurance and resilience because the reforms take impact.

“{Economic} transformation requires sacrifice and shared dedication,” the assertion continued. “We urge our fellow youths to stay steadfast. The brand new tax system just isn’t about burdening residents, however about constructing a fairer, stronger financial system.”

The leaders referenced the latest enactment of 4 main fiscal legal guidelines signed by President Bola Tinubu on June 26, 2025; Nigeria Tax Act (NTA) 2025, Nigeria Tax Administration Act (NTAA) 2025, Nigeria Income Service (Institution) Act (NRSEA) 2025 and Joint Income Board (Institution) Act (JRBEA) 2025

The brand new legal guidelines, which took impact from January 1, 2026, launched over 50 exemptions and reliefs designed to assist low-income earners, small companies, and common taxpayers.

The coalition urged the Federal Authorities to uphold transparency, equity, and accountability within the execution of the reforms to maintain public belief.

“We’re calling on the Federal Authorities to make sure that revenues generated are visibly channeled into growth tasks that immediately affect residents,” the assertion emphasised.

They additional pledged to associate with authorities businesses, civil society {groups}, and growth stakeholders to make sure that the brand new tax regime protects susceptible Nigerians whereas selling inclusive development.

“We reaffirm our readiness to advertise dialogue and unity throughout ethnic, non secular, and political strains. {Economic} progress can solely be achieved when Nigerians work along with shared objective and nationwide curiosity,” the youth leaders concluded.