The haulage and logistics sector in Nigeria stands at the brink of a historic transformation.
The recently gazetted Nigeria Revenue Service (Establishment) Act, 2025, coming into effect on January 1, 2026, introduces a sweeping overhaul of the nation’s tax administration reforms that will directly reshape the operating climate for cargo transportation and logistics.
Anchored on four enacted laws, which are the Nigeria Tax Administration Act, Nigeria Revenue Service (Establishment) Act, Joint Revenue Board (Establishment) Act, and Nigeria Tax Act.
This framework is designed to simplify Nigeria’s tax system, diversify revenue sources, support small businesses, and strengthen fiscal stability under President Bola Tinubu’s Renewed Hope Agenda.
What This Means for Haulage Operators
For decades, haulage operators have contended with multiple taxation, unofficial levies and constant harassment on Nigeria’s highways. The new laws seek to abolish such unauthorised payments, centralising tax administration under the Nigeria Revenue Service (NRS). This development promises operators relief from arbitrary levies, paving the way for lower distribution costs and more predictable logistics operations.
Truck fleet registration will now require mandatory Taxpayer Identification Numbers (TINs), while invoicing and transactions will be automated and closely monitored.
Non-compliance, however, carries steep penalties including fines running into millions of naira.
A Win for SMEs
Encouragingly, the reforms create more space for small businesses. The qualifying threshold for SMEs has been raised from ₦25 million to ₦50 million in annual turnover, with assets capped at ₦250 million. This adjustment provides relief and growth opportunities for smaller logistics and haulage firms navigating a competitive market.
Why HAULMACE 2025 Matters
These developments will be the central focus of HAULMACE 2025 – La Decima (10th Anniversary Edition), themed:
“Tax Reforms from Policy to Practice: Challenges and Opportunities for the Nigerian Haulage Industry.”
The conference, holding on Thursday, October 30, 2025, at The Stable Event Centre, Surulere, Lagos, with Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as Keynote Speaker, will bring together policymakers, industry leaders, and operators to critically examine these reforms.
For stakeholders in haulage and logistics, this is more than a policy shift; it is an urgent call to action. HAULMACE 2025 will provide the knowledge, insights, and strategies required to adapt, comply, and seize new opportunities under Nigeria’s evolving tax regime.
Why Attend?
• Understand the practical implications of the new tax regime for your business.
• Engage directly with policymakers and regulators.
• Explore strategies for reducing costs and maximising efficiency.
• Network with decision-makers shaping the future of haulage in Nigeria.
Join us at HAULMACE 2025 to be part of the conversation that will define the next decade of haulage and logistics in Nigeria.
Participation is strictly by Invitation.
