Taiwo Oyedele, chairman of the presidential tax reform committee, says uncertainty over the final gazetted version of Nigeria’s new tax laws has delayed the issuance of implementation guidelines. Oyedele spoke on Wednesday in Lagos at the 2026 Economic Outlook organised by the Institute of Chartered Accountants of Nigeria (ICAN). He said he had advised […]
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that he has received threats to his life over his role in implementing Nigeria’s far-reaching tax reforms. Oyedele made the revelation on Tuesday in Abuja at a governance colloquium organised to mark the 50th birthday of the special adviser […]
As we find ourselves in January 2026, the sweeping tax reforms that Chairman Taiwo Oyedele and President Bola Tinubu have assured us will transform our economy are now upon us. The Nigeria Tax Act and the Nigeria Tax Administration Act are now law, joining the earlier Nigerian Revenue Service Act and Joint Revenue Board Act […]
Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has defended Nigeria’s newly gazetted tax laws, saying most of the concerns raised by KPMG Nigeria stem from misunderstandings of policy intent or disagreement with deliberate reform choices rather than genuine errors. Oyedele’s response follows a report by KPMG which highlighted several […]
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, says Nigeria’s new tax reform laws will require commercial banks to report accounts with a quarterly turnover of N25 million to the tax authorities. Oyedele spoke on Friday during a media parley on the tax reform laws, noting that the reforms raised the […]
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has projected that States could earn more than N4tn annually, from 2026 when new Value Added Tax, VAT, reforms take effect. Oyedele made this disclosure on Tuesday at the launch of the BudgIT State of States, 2025 Report in Abuja, where he delivered […]
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, says feedback from participants after a recent virtual meeting to clarify Nigeria’s new Capital Gains Tax (CGT) provisions showed an average satisfaction score of 8.6 out of 10. Oyedele made the remark on Monday in a statement posted on his X (formerly […]
Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has reiterated that more than 90 percent of Nigeria’s informal sector operators lack the capacity to pay taxes. Speaking at a roundtable with journalists, influencers and public analysts on Friday, he rejected narratives that government revenue is simply locked away in the informal […]
BY MOTOLANI OSENI Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that significant reforms will be introduced in budget processing, the Medium-Term Expenditure Framework, and the Fiscal Strategy Paper in 2025. These reforms aim to support Nigeria’s economic rebasing efforts and strengthen fiscal policies for the year […]