Tag: Taiwo Oyedele

featured Finance

FG denies spending ₦8trn outside approved budget, faults IMF claim

The Federal Government has dismissed claims that it spent over N8 trillion outside the approved budget, describing the allegation as false and a misrepresentation of the 2026 Article IV Consultation Report by the International Monetary Fund. The government said reports suggesting that about two per cent of Nigeria’s Gross Domestic Product, was expended outside the […]

Economy

How Tinubu’s reforms saved Nigeria from economic collapse — Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says President Bola Tinubu’s reforms prevented Nigeria’s economy from collapsing. Oyedele said this on Tuesday in Abuja during a plenary at the 2026 Nigeria Employers’ Summit organised by the Nigeria Employers’ Consultative Association (NECA). Oyedele, who spoke on the theme “The Reforms […]

Finance

Oyedele, Wike meet to harmonise FCT tax administration

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele and his Federal Capital Territory counterpart, Barr. Nyesom Wike have met to fine-tune the tax administration in the FCT. Mr. Oyedele, in a statement on Sunday, described it as a, “productive bilateral meeting,” adding, “the two Ministers also reviewed plans to harmonise […]

Business

Oyedele unveils digital platforms to boost taxpayer complaint resolution

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Monday officially launched the Office of the Tax Ombud’s digital case management portal, website, and call centre to strengthen taxpayer protection. The unveiling ceremony, held in Abuja. Also present were the Minister of Information and National Orientation, Mohammed Idris; the Head of […]

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 […]

featured

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 […]