The Federal Inland Revenue Service (FIRS) has moved to calm growing public concern over the implementation of Nigeria’s new 2025 Tax Act, assuring taxpayers that existing Tax Identification Numbers (TINs) remain fully valid and that no new tax ID is required.
In a clarification issued on the provisions of the Act, the revenue authority said the reforms would not disrupt ongoing business or personal financial activities, countering widespread speculation that new identification requirements could restrict access to accounts.
According to FIRS, all existing TINs issued prior to the enactment of the 2025 Tax Act remain in force, stressing that taxpayers do not need to apply for a replacement or additional tax identification number under the new regime.
The agency further explained that individuals and businesses yet to obtain a Tax Identification Number would not face any operational limitations, noting that their accounts would continue to function without restriction while they regularise their tax records.
However, FIRS urged customers to take proactive steps to update their National Identification Number (NIN) across their accounts, describing the exercise as essential for improved data harmonisation and the effective administration of the tax system.
The clarification comes amid heightened public interest in the new Tax Act, which is designed to strengthen compliance, improve transparency and modernise Nigeria’s tax framework. By addressing concerns early, FIRS said it aims to ensure a smooth transition and sustain public confidence in the ongoing tax reforms.
Tax experts say the reassurance from FIRS is likely to ease anxieties among taxpayers and businesses, many of whom had feared sudden policy shifts could complicate routine financial transactions under the new law.
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