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Do these seven things if your phone is hacked

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Lagos ranked first in Nigeria’s ease of doing business

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Dangote Refinery denies announcing stock market listing plans

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Tag: Taiwo Oyedele

Finance

Nigeria has less than 10m taxpayers — Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has disclosed that Nigeria has fewer than 10 million active individual taxpayers, a situation he said reflects the country’s narrow tax base and highlights the urgent need for data-driven fiscal reforms, particularly at subnational levels. Oyedele made the disclosure on Tuesday while […]

Opinion

Delay in tax laws will hurt workers, businesses — Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has cautioned that postponing the implementation of Nigeria’s newly signed tax laws beyond January 1, 2026, could worsen the tax burden on workers and businesses nationwide. Oyedele’s warning follows growing controversy over claims that the versions of the tax laws recently gazetted differ […]

featured Finance

Tax reforms: FG won’t debit your account, Oyedele tells Nigerians

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, moved to quell public anxiety yesterday regarding the ongoing tax reforms. He strongly dismissed trending social media claims that the government intends to deduct money directly from citizens’ bank accounts, calling such warnings “false, dangerous and capable of destabilising the economy.” Speaking […]

featured Finance

TIN mandatory for business not personal accounts – Oyedele

Tax Identification Numbers are not required for strictly personal bank accounts under Nigeria’s new tax reforms; they become mandatory only if the account is used for business transactions, the Presidential Committee on Fiscal Policy and Tax Reforms has clarified. Chairman of the tax reforms committee, Taiwo Oyedele, who made this known, advised bank customers to […]

featured Finance

ICYMI: Pastors, Imams must pay personal tax — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that pastors, imams, and other religious workers are liable to pay tax on the salaries they earn from religious institutions. Speaking on the podcast ‘Mic On’, Oyedele stressed that while churches, mosques, and other religious bodies are exempt from […]

Economy

Oyedele unveils tax reliefs to ease burden on Nigerians

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has unveiled a comprehensive package of 50 tax exemptions and reliefs designed to ease the financial burden on low-income earners, average taxpayers, and small businesses. The measures form part of Nigeria’s new tax reform framework, scheduled to take effect on January […]

Nigeria borrowed money to fight Boko Haram - Oyedele
Economy

Remote work, social media earnings taxable, says Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, stated that, starting January 1, 2026, all income earned by Nigerians, from remote work, social media influencing, or business imports, will be subject to tax under the new reforms. Oyedele, explained this during a tax education session at the Redeemed Christian […]

Nigeria borrowed money to fight Boko Haram - Oyedele
Business

LGs must be held accountable for taxes – Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stressed the need for ongoing tax reforms to include mechanisms that ensure accountability at the local government level. Speaking on Wednesday at the Lagos Chamber of Commerce and Industry’s Mid-Year 2025 Economic Review, Oyedele identified local governments as key drivers of […]

Nigeria borrowed money to fight Boko Haram - Oyedele
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Nigerian tax laws hinder economic growth, says Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that Nigeria’s current tax laws hinder economic growth. Oyedele made this remark on Thursday at the inaugural Economic Roundtable and 2025 Macroeconomic Outlook event organized by rating firm Agusto & Co. in Lagos. After months of review, the House […]

featured

Nigeria’s biggest FX problem is illicit demands, says Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that illicit demand is the primary factor putting pressure on the foreign exchange market. Oyedele made this disclosure on Saturday at The Platform Economic Outlook for 2025 event organised by The Covenant Nation, where he was one of the speakers. […]

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