Anambra Govt, MAN, PwC Enlighten Traders, Manufacturers On New National Tax Reform

The Anambra State Government, in collaboration with the Manufacturers Association of Nigeria (MAN), PricewaterhouseCoopers (PwC), and the Anambra State Amalgamated Traders Association (ASMATA), has held a stakeholders’ workshop to sensitise the business community on the new National Tax Reform scheduled to take effect from January 2026.

The engagement, themed “The Tax Reforms and Their Implications for Anambra Businesses and Individuals,” took place at the Dora Akunyili Women Development Centre, Awka, and attracted traders, manufacturers, and business leaders from across the state.

Speaking on behalf of the state government, Chairman of Keystone Bank, Adaora Chukwudozie said the forum was created to “bridge information gaps and prepare the state’s business community ahead of the implementation of the tax reforms.”

“When businesses and government understand each other, both will thrive, and so will the society they serve.

“These reforms require proper record-keeping and documentation by every trader and business owner to avoid penalties.

“It’s also an opportunity for Anambra to benefit more from VAT allocations, since revenues will now reflect the level of business activity in each state,” Chukwudozie said.

Chukwudozie, who also serves as Chairperson of MAN, Southeast region, urged traders to register their businesses and ensure their transactions are documented within Anambra State.

She emphasised that compliance would not only shield businesses from multiple taxation but also increase the state’s statutory revenue and drive socio-economic growth.

Resource persons from PwC, a leading professional services firm in Nigeria, delivered detailed explanations of the reform’s objectives and implications.

They said the new tax system, initiated by President Bola Tinubu’s administration, seeks to modernise Nigeria’s tax structure, eliminate duplication, and promote fairness across all levels of government.

“The reform is about sustainability, understanding, empowerment, and partnership not just about paying taxes.

“It’s designed to move from confusion to clarity, from multiple taxation to a more transparent, business-friendly framework,” one of the PwC experts explained.

Representatives of the Anambra State Ministry of Industry, led by the Commissioner, Christian Udechukwu, commended PwC and MAN for leading the sensitisation.

He reiterated the government’s commitment to continuous enlightenment of the trading community to ensure seamless compliance.

Similarly, the Special Assistant to the Governor on Traders and Markets, Chief Evaristus Ubah (Oba Nnabuenyi Isuofia), pledged to sustain awareness efforts across markets in the state.

“We’ll go the extra mile to make sure traders understand the new tax framework and take advantage of it,” he said.