Starting in 2026, Nigerians, including entertainers, content creators, and business owners, will no longer need a separate Tax Identification Number (TIN), according to a recent announcement from the Federal Inland Revenue Service (FIRS).
The tax authority stated that the National Identification Number (NIN) will automatically serve as the tax identification for individuals, while registered businesses will use their Corporate Affairs Commission (CAC) registration number under the new tax system in Nigeria.
The clarification was made during a public awareness campaign on X amidst increasing discussions online regarding the potential impact of the new tax laws on bank accounts and financial transactions.
The FIRS explained that this policy is supported by the Nigeria Tax Administration Act (NTAA), which will come into effect in January 2026.
The law mandates a Tax ID for specific transactions, but the FIRS emphasized that Nigerians will not need to obtain any new documents.
Read also:
- NAPTIN strengthens capacity after intensive energy training study tour in Finland
- ICC increases winning prize to $6.9m in 2025
- Aderonke Ige gets Chevening scholarship for graduate studies
“For individuals, your NIN will automatically serve as your Tax ID, while companies will utilize their CAC RC numbers,” the agency stated, adding that no physical card or additional registration is necessary.
In response to ongoing speculation, the FIRS urged the public to disregard misinformation, clarifying that the Tax ID requirement has been in place since 2019 and is simply being reinforced, not newly introduced.
Previously, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, revealed that banks would start requesting tax identification information from taxable Nigerians as part of the updated framework beginning in 2026.
