Oyedele said CGT which under the new law was raised to 30% is planned to be revised down to 25% by 2026.
The 25% rate will apply to “exit” gains, whether for foreign or local investors there will be no differentiation between investor origin.
Alongside CGT, the FG is aiming to reduce corporate income tax (CIT) from 30% to 25%.
Under the new tax regime (effective January 1, 2026), CGT was set at 30%, up from the previous 10%.
The increase stirred significant concern among investors and market operators, who fear it could dampen trading activity and capital inflows.
To address the backlash and ease investor anxiety, the government now signals a reduction to 25%.
The 25% CGT is meant to balance the need for revenue generation with maintaining investment attractiveness potentially reducing investor flight or panic.
Lower CIT and a more predictable tax regime may improve business cash flows, increase profitability for both listed and unlisted companies, and could boost inward and domestic investment.
According to reforms announced, other measures (e.g. VAT input credits, increased exemptions for small businesses) aim to ease overall tax burden and stimulate growth.
The 25% CGT is still a plan, it needs to be formalised and approved (as did the CIT reduction, which reportedly awaits sign‑off from the National Economic Council, NEC) before becoming binding.
Some stakeholders had been calling for lower CGT (or more favourable thresholds) to avoid discouraging investment, especially among smaller investors.
The final shape of the CGT (e.g. exemptions, thresholds, reinvestment relief) and associated corporate tax reforms may still shift as the law is finalised.
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