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Otedola Reacts To FG’s New Tax Reform Laws

Nigerian billionaire and Chairman of First HoldCo, Femi Otedola, has said he is inspired to invest more with the new tax reform laws.


Papers News reports that President Bola Tinubu signed the four tax reform bills into law on Thursday, May 26, 2025, and the legislations are expected to take effect from January 1, 2026, restoring fairness in the tax system and igniting inclusive economic growth.


In a post via 𝕏 on Friday, Otedola welcomed the development, stating that the laws are a bold, necessary step toward a more transparent, efficient, and investment-friendly economy.

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