30 results
- 18 Mar 2018
Senate Accuses Samsung of Abusing of FG’s Fiscal Policy
Senate Committee on Customs, Excise and Tariff has begun investigation into allegations of abuse of Federal Government’s Fiscal Policy by Samsung Electronics. Senator Hope Uzodinma, chairman…
- 3 Oct 2025
Fiscal Policy and Tax Reforms Committee Clarify New Tax Reform Laws
The Presidential Fiscal Policy and Tax Reforms Committee has clarified some misconceptions surrounding Nigeria’s newly enacted tax reform laws. Speaking at engaged journalists, influencers, and…
- 23 Apr 2025
CITN Tasks New Tax Professionals to Shape Fiscal Policies for Efficient Tax System
Mr. Samuel Agbeluyi, the President of the Chartered Institute of Taxation of Nigeria, has charged incoming tax professionals to see their roles as critical to shaping Nigeria’s fiscal policies and…
- 12 Apr 2026
FG Slashes Import Duties on Cars, Rice, Palm Oil in 2026 Fiscal Policy
Federal Government has approved sweeping 2026 fiscal measures slashing import duties on vehicles, rice, palm oil, sugar, and other essentials while introducing new taxes and protections to bolster…
- 1 Jan 2024
Tinubu Vows Swift Action on Fiscal, Tax Policies
President Bola Ahmed Tinubu says that his administration will race against time to ensure that all fiscal and tax policies reforms that needs to be put in place are codified and simplified to ensure…
- 3 Sept 2020
NDIC Seeks Strict Implementation of Fiscal, Monetary Policies
Umaru Ibrahim, managing director of the Nigeria Deposit Insurance Corporation (NDIC), has said that effective implementation of fiscal and monetary policy measures are critical towards addressing the…
- 11 Mar 2022
NESG Lauds 2021 Finance Act, Seeks Implementation
The Nigerian Economic Summit Group, NESG, has lauded 2021 Finance Act as it enhances non-oil revenue and supports the implementation of Nigeria’s annual budget. This was stated by Laoye Jaiyeola, the…
- 6 Jul 2023
Tinubu Suspends 5% Telecoms tax, defers Finance Act to September 1
President Bola Ahmed Tinubu has signed four Executive Orders in fidelity to the pledge to put Nigerians at the centre of government policies and address business unfriendly fiscal policy measures and…
- 29 Sept 2016
Bloomberg: Nigerian Economic Policy Dispute Hinders Chances of Recovery
A dispute between Nigeria’s monetary and fiscal policy makers over how to lift the economy out of its worst slump in more than two decades may delay a recovery in Africa’s most populous country,…
- 18 Aug 2016
Buhari Says Monetary Policy alone not Enough to Expand Economy
Nigeria will need to combine monetary policies with fiscal and structural policies in order to overcome its worst economic crisis in decades and return to growth, President Muhammadu Buhari said…
- 11 Jan 2026
Tax Reforms Panel Rejects KPMG’s Critique of New Laws
Presidential Fiscal Policy and Tax Reforms Committee has dismissed key elements of KPMG’s recent analysis of Nigeria’s new tax laws, accusing the firm of misunderstanding policy intent and framing…
- 13 May 2025
FG Expresses Commitment to Comprehensive Tax Reforms to Enhance Economic Growth
President Bola Tinubu has reiterated his commitment in undertaking bold and comprehensive reforms to reposition the country’s fiscal architecture for resilience, inclusiveness and economic growth.…
- 17 Dec 2024
MTN is Largest Contributor to VAT Pool, Pays N200Bn Monthly—PFPTRC
Taiwo Oyedele, chairman, Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has disclosed that MTN Nigeria contributes over N200 billion in Value Added Tax (VAT) monthly, making it the…
- 28 Jan 2024
Oyedele Makes a U-Turn, Says FG Not Recruiting ‘Area Boys’ to Collect Taxes
Taiwo Oyedele, chairman, Presidential Committee on Fiscal Policy and Tax Reforms, has said the Federal Government is not recruiting ‘area boys’ to collect taxes. Taiwo Oyedele, chairman, Presidential…
- 1 Oct 2024
Withholding Tax Regulations Gazetted, to be Published Today – Oyedele
Taiwo Oyedele, chairman of the Presidential Taskforce on Fiscal Policy and Tax Reforms Committee, on Tuesday disclosed that the Withholding Tax Regulations 2024 has been gazetted. Taiwo Oyedele,…
- 5 Oct 2025
Nigeria Launches Excellence in Tax Reform Reporting Award for Journalists, Influencers
The Presidential Fiscal Policy and Tax Reforms Committee has unveiled the Excellence in Tax Reform Reporting Award, a landmark initiative to recognise and reward journalists and online influencers…
- 4 May 2022
CITN Urges Support for Tax-driven Economy
The Chartered Institute of Taxation of Nigeria has said that it is important to support the government towards achieving a tax-driven economy. Adesina Adedayo, the President and Chairman in Council,…
- 20 Sept 2024
CBN Withdraws Controversial Monetary Policy Document on Cybersecurity Levy, Others
Central Bank of Nigeria (CBN) has said that it has temporarily withdrawn the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines for Fiscal Years 2024 – 2025 document published on…
- 26 Nov 2025
AfDB Approves $500m Loan for Nigeria’s EGET-SP
The Board of Directors of the African Development Bank Group, meeting in Abidjan, approved a $500 million loan to the Government of the Federal Republic of Nigeria to finance the second phase of the…
- 13 Jan 2017
FXTM: Trump Uncertainty Triggers Dollar Selloff
The Greenback descended deeper into the abyss on Thursday after President-Elect Donald Trump’s news conference failed to provide the much-needed clarity on future fiscal policies. With the engine…
- 3 Oct 2024
FG to Rename FIRS, Plans Tax Tribunal
President Bola Tinubu has transmitted four Fiscal Policy and Tax Reform Bills to the National Assembly for accelerated consideration and passage into law, including Economic Stabilisation Bills,…
- 31 May 2024
Presidential Tax Reforms Committee Moves to Boost BPO Business in Nigeria
Worried by the dwindling fortune of Business Process Outsourcing (BPO) business in the country, Presidential Fiscal Policy and Tax Reforms Committee has identified the impediments to its growth and…
- 1 Jan 2025
90 Percent of Workers to Pay Lower Taxes in Tax Reforms- PACFTR
Taiwo Oyedele, chairman, Presidential Advisory Committee on Fiscal Policy and Tax Reform (PACFTR) has said that contrary to speculations, individuals earning about N1.7 million or less per month will…
- 3 Dec 2024
Oyedele: Majority of Nigerians Approve Tinubu's Tax Reform Bills
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR), says that 90% of Nigerians support the tax reform bills introduced by the Tinubu administration.…
- 12 Apr 2026
Finance Minister Did not Admit Errors in New Tax Laws – PFPTRC
Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has dismissed reports claiming that Taiwo Oyedele, minister of State for Finance, admitted errors in Nigeria’s new tax laws. Taiwo…
- 23 Dec 2025
Oyedele Dismisses Claims Bank Accounts Without TIN Will Be Frozen
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has dismissed reports that bank accounts not linked to a Tax Identification Number (TIN) will be frozen or…
- 15 Feb 2026
No VAT on Land, Buildings and Rent Under New Tax Law — Oyedele
Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, says land, buildings and rent are now fully exempted from Value Added Tax under the Nigeria Tax Act 2025. He…
- 9 May 2024
Presidential Committee Recommends another Hike in VAT
Presidential Committee on Fiscal Policy and Tax Reforms has recommended an upward review of the Value Added Tax (VAT) from the present 7.5 per cent. Taiwo Oyedele, chairman of the committee, also…
- 2 Nov 2021
Nigerians Pay One of Highest Tax Rates Worldwide – Oyedele
Taiwo Oyedele, fiscal policy partner and Africa tax leader at PwC, has said that Nigerians pay one of the highest tax rates in the world although the government only gets a fraction of it. This is…
- 22 Dec 2025
Oyedele Warns Delay in Tax Reforms Will Keep 98% of Workers Overtaxed
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has cautioned that failure to implement Nigeria’s new tax laws by January 1, 2026, would leave the vast majority…