Valency of nitrogen
Atomic number of Nitrogen (Z)=7
Electronic Configuration: 1s22s22p3
Nitrogen with n=2, has s and p orbitals only.
It does not have vacant d orbitals to expand its covalence beyond four.
That is why it does not form pentahalide but show +5 oxidation state.
Final answer: Due to lack of vacant d orbitals