A former Political Economic Adviser at the World Bank, Dr Mahmoud Alfa, has called on Nigerians to embrace the forthcoming 2026 tax reform law, stressing that the success of President Bola Tinubu’s fiscal agenda depends largely on public trust and responsible governance.
In a statement issued on Friday in Abuja, the Kogi-born economist commended the Tinubu administration for what he described as “bold and necessary economic reforms” aimed at stabilising the economy and promoting inclusive growth.
According to Alfa, the tax reform law—expected to take effect in 2026—represents a critical step toward improving government revenue, curbing fiscal leakages, and creating a fairer system that encourages productivity and compliance.
He said, “The Tinubu government has taken courageous steps to restructure the economy, from exchange rate unification to subsidy removal and now comprehensive tax reform.
These policies are painful but essential. What remains is ensuring that Nigerians see transparency and accountability in how the revenues are used.”
Dr Alfa urged policymakers to intensify public sensitisation efforts to help citizens understand the objectives of the reform, warning that misinformation and distrust could undermine its implementation.
He also advised the government to pair fiscal discipline with social investment, noting that “reforms succeed only when citizens feel the impact through better infrastructure, jobs, and public services.”
The economist expressed optimism that if well managed, the 2026 tax reform would help Nigeria achieve long-term economic stability and reduce dependence on borrowing.
“Fiscal credibility is built over time.”
“What Nigeria needs now is not just policy changes but a renewed social contract—where government delivers and citizens cooperate in building a stronger economy.”
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