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FG didn’t suspend tax law guidelines, Oyedele debunks rumours

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied reports suggesting that the Federal Government paused the issuance of implementation guidelines for the newly signed tax laws due to uncertainty.

The report, published by a media organisation other than The PUNCH, claimed that the Federal Government halted the release of guidelines for implementing the new tax laws, alleging that Oyedele instructed the Nigeria Revenue Service and the Joint Revenue Board to wait because the final version of the laws was unclear.

According to the report, Oyedele allegedly made the remarks in Lagos on Tuesday while responding to questions after delivering a keynote address at the 2026 Economic Outlook event organised by the Institute of Chartered Accountants of Nigeria.

The event was themed “ICAN@60: Accountability as the Bedrock for National Development.”

During his presentation at the event, Oyedele acknowledged concerns surrounding the authenticity of different versions of the tax laws currently in circulation.

He explained that the uncertainty over the versions prompted him to direct his team to obtain a printed copy of the laws from the Government Printer, in line with the provisions of the Acts Authentication Act.

“The Acts Authentication Act says whatever the Government Printer publishes is the evidence of the law that was passed,” Oyedele said.

He further stated that although the Government Printer initially released a version regarded by the executive arm as official, members of the National Assembly later disputed it, insisting that the document did not reflect what was actually passed by the legislature.

Oyedele noted that the lawmakers subsequently embarked on their own review process and produced separate gazetted copies of the laws, which were circulated in soft copy format.

He added that efforts by his team to obtain a printed version of the laws from the Government Printer were unsuccessful, as officials reportedly informed them that all printed copies had been taken by the National Assembly.

According to him, the officials explained that the documents should not be released to the public until the lawmakers concluded their review of the laws.

Reacting to the report on Thursday, Oyedele took to his verified X account, formerly known as Twitter, where he shared a screenshot of the report’s headline and watermarked it with the words “Fake News.”