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Tag: Taiwo Oyedele

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 […]

featured Finance

Tax laws not perfect, would be reviewed periodically — Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said the Federal Government will continue to subject Nigeria’s tax laws to periodic reviews to ensure they remain effective and responsive to national needs. He made the clarification against the backdrop of recent allegations that some laws passed by the National […]

featured News

Tinubu lacks power to suspend new tax laws — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that President Bola Tinubu lacks the constitutional authority to suspend the recently enacted tax laws. Oyedele made the clarification amid mounting calls on the Federal Government to pause the implementation of the laws, following controversies surrounding their passage and […]

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 […]

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