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Tag: Taiwo Oyedele

featured Finance

Oyedele dismisses claims of errors in new tax reform laws

The Minister of State for Finance, Taiwo Oyedele, has dismissed reports claiming he admitted to errors in Nigeria’s new tax reform laws, describing the publications as “misleading” and a misrepresentation of his remarks. In a statement by the Presidential Fiscal Policy and Tax Reforms on Sunday, Oyedele clarified that his comments at a recent Nigerian […]

featured Finance

Oyedele admits errors in old tax regime, promises fix

Minister of State for Finance, Taiwo Oyedele, has acknowledged that Nigeria’s old tax laws contain errors, assuring that corrective measures are already underway to address the identified issues. Oyedele made the disclosure while speaking during a fireside chat at the 2026 annual conference of the Nigerian Bar Association (NBA) Section on Legal Practice, themed “From […]

featured Policy and Regulations

12 states have enacted tax harmonisation law — Oyedele

At least 12 states in Nigeria have enacted the tax harmonisation law, which is regarded as a vital component of the comprehensive tax reform initiative launched by President Bola Tinubu’s administration. During a speech in Abuja on Thursday, Taiwo Oyedele, who serves as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms […]

Business

Tinubu nominates Taiwo Oyedele as minister of state for finance

President Bola Ahmed Tinubu has nominated Mr. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as the Minister of State for Finance, succeeding Dr. Doris Uzoka-Anite. This was disclosed in a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Tuesday. The statement also […]

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Oyedele reaffirms mandatory tax filing for all Nigerians

The chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has reiterated that all taxpayers in Nigeria are required to submit their annual tax returns by March 31 each year, irrespective of their earnings or whether their taxes have already been deducted under the PAYE scheme. PAYE, which stands for Pay […]

featured Finance

Mixed reactions trail January salary rise from tax law

Some workers have expressed mixed and largely underwhelming reactions to recent changes in their take-home pay following the implementation of new Personal Income Tax reforms, with many stating that the increases are marginal and insufficient to meaningfully alleviate economic pressures. The new tax reform laws introduce several adjustments to the Personal Income Tax regime. Individuals […]

Business

PAYE reductions boost workers’ salaries – Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said Nigerian workers are beginning to enjoy higher take-home pay following reduced Pay As You Earn deductions under the newly implemented tax laws. Oyedele disclosed this in a post on X on Monday, referencing feedback from employees who received their January 2026 […]

Economy featured

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 […]

News

Death threats won’t stop tax reforms, Oyedele insists

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that he has received threats to his life due to his involvement in the implementation of Nigeria’s far-reaching tax reform agenda. Oyedele made the revelation in Abuja while speaking at a governance colloquium organised to commemorate the 50th birthday […]

featured Policy and Regulations

KPMG misunderstood new tax laws, says Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has defended the Nigeria Tax Act clarifying the policy intent behind the legislation and stating that KPMG Nigeria misunderstood the reform. Oyedele made the clarification in a statement issued on Saturday in response to KPMG’s analysis of the Nigeria Tax Act, in […]

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