30 results
- 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…
- 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…
- 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…
- 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.…
- 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 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…
- 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…
- 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…
- 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…
- 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.…
- 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,…
- 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…
- 26 Jun 2025
Households Earning ₦250,000 Or Less Monthly Won’t Pay Tax – Oyedele
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said that under the new tax laws, Nigerian households earning ₦250,000 or less per month are classified as…
- 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…
- 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…
- 3 Sept 2024
Tinubu’s Tax Comittee Mulls Hike in VAT by 2.5 Percent
Tinubu’s Tax Comittee Mulls Hike in VAT by 2.5 PercentThe Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced plans to propose a law to the National Assembly…
- 6 Nov 2025
Tax Ombudsman is to Protect Businesses from Harassment—Oyedele
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said that the creation of a new office of the Tax Ombudsman (OTO) is to protect businesses from harassment.…
- 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 Dec 2025
Tax Reform or Financial Exclusion? The Trouble with Mandatory TINs
By Blaise Udunze It is not only questionable but an aberration that a nation where over 38million Nigerians remain financially excluded, where trust in institutions is fragile, and where citizens are…
- 5 Nov 2025
FIRS to Unveil Nigeria Tax Reform Acts, Engage Stakeholders on Implementation
The Federal Inland Revenue Service (FIRS) has announced plans to officially unveil the Nigeria Tax Reform Acts on Monday, November 10, during a high-level Strategic Stakeholder Engagement Session at…
- 18 May 2026
FG Unveils Free Tax Dispute Resolution Platforms for Nigerians
Federal Government on Monday unveiled digital platforms under the Office of the Tax Ombud, enabling Nigerian taxpayers to resolve tax-related disputes free of charge as part of efforts to improve…
- 26 Oct 2023
FG May Allow Fintechs Participate in Forex Trading
Federal government is reportedly considering opening up the official foreign exchange market to fintech firms such as Opay, PalmPay, PiggyVest and others. The fintech firms will be allowed as…
- 22 Oct 2024
Google, CEOs, and Government Leaders Commit to Driving Nigeria's Digital Economy @NES30
To advance Nigeria's digital economy and support businesses facing economic headwinds, Google brought together top CEOs, government officials, and industry leaders at the 30th Nigerian Economic…
- 1 Dec 2025
Tax ID Numbers tot Required for Strictly Personal Bank Accounts
Tax Identification Numbers (TINs) 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,…
- 19 Nov 2025
ALTON Hosts First Telecoms Compliance Forum to Strengthen Governance and Service Quality
Association of Licensed Telecommunications Operators of Nigeria (ALTON) is proud to announce the first-ever Telecoms Industry Compliance Management Forum (CMF), a landmark initiative aimed at…
- 12 Jan 2026
Why Nigeria's New Tax Regime Will Fail Without Public Trust
By Blaise Udunze Millions of Nigerian citizens are watching with cautious anticipation as the federal government begins implementing its far-reaching 2026 tax reforms. This is to say that the…
- 22 Apr 2025
FG to Introduce New Tax Credit Scheme to Replace Pioneer Status Incentive
As part of Nigeria’s ongoing tax reform efforts, the federal government is proposing a new investment-driven incentive framework aimed at addressing long-standing inefficiencies in the current…
- 17 Nov 2025
FG Lists Bank Charges Nigerians Will Stop Paying from January 2026
Nigerians won’t have to worry about the payment of five common bank charges again, as from January 2026, when the new tax laws come into effect. This was made known by Taiwo Oyedele, chairman of the…
- 18 Aug 2025
Telcos See Biggest Growth Post-COVID – ALTON
Engr. Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), has said that the telecommunications sector in Nigeria is once again on a strong growth…
- 4 Feb 2026
Majority of Nigerians do not Trust Govt with Tax Revenue – SBM
Majority Nigerians do not trust the government to properly utilise their tax payments for good use, according to a survey by SBM Intelligence across nine cities. The survey highlighted why recent tax…