Oyedele pledges to prioritize revenue mobilization, fiscal sustainability
He also emphasised the need to improve spending efficiency to ensure that every naira generated delivers maximum value for citizens. Other areas of focus, he noted, include strengthening debt management and maintaining fiscal sustainability. Oyedele added that the ministry would work closely with other arms of government to ensure fiscal policies align with monetary, trade […]
Tinubu swears in Taiwo Oyedele as Minister of State for Finance
Bola Ahmed Tinubu has sworn in Taiwo Oyedele as the new Minister of State for Finance, marking a fresh development in Nigeria’s economic leadership. The ceremony took place at the presidential office in Abuja. The appointment is expected to strengthen the operations of the Federal Ministry of Finance as the government continues efforts to improve […]
Senate begins ministerial screening of Taiwo Oyedele
The Senate on Wednesday began screening Taiwo Oyedele for the role of Minister of State for Finance. The session followed a motion by Senate Leader Opeyemi Bamidele requesting Oyedele’s admission into the chamber. Oyedele arrived around 2:21 pm, accompanied by government officials including Basheer Lado, Kayode Ajulo, and Tokunbo Kayode. The screening is part of […]
Everybody must file tax returns by March 31 – Nigerian govt
The Federal Government has reminded Nigerians that filing annual tax returns is compulsory for everyone, with a firm deadline of March 31. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, stressed that both individuals and employers must comply with the law, regardless of income level or employment status. Oyedele […]
New tax regime fundamentally flawed’ – Ndume tackles Akpabio
Borno South Senator Ali Ndume has challenged Senate President Godswill Akpabio’s assurance that the new tax law is unaltered, describing the legislation as fundamentally flawed. Ndume raised concerns over discrepancies between at least two different Gazette versions of the law, highlighting that the version passed by the National Assembly differs from the one signed by […]
5% fuel surcharge was introduced in 2007 and not by Tinubu’s government — Chairman of tax reform committee Taiwo Oyedele
Taiwo Oyedele, head of Nigeria’s Presidential Committee on Fiscal Policy and Tax Reforms, has said that the 5% fuel surcharge was not introduced by President Bola Tinubu’s government. The levy has actually been in place since 2007. He explained on Channels Television that the law was not enforced earlier because the government was still subsidising […]
Fuel tax not starting in January 2026 but on a later date – Tax Reform Chairman, Taiwo Oyedele
The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has said that the proposed N500 tax on every N10,000 worth of fuel will not begin in January 2026 as many people believe. He explained that the actual start date will be announced later by the Minister of Finance. Many Nigerians have already condemned the […]
My wife held daily vigils for me during tax bill controversy – Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele
Taiwo Oyedele, who leads the Presidential Committee on Fiscal Policy and Tax Reforms, shared how his family was affected emotionally during the period of backlash over Nigeria’s new tax laws. He said that while the reforms brought challenges, the hardest part for him was seeing how it impacted his wife and family. He spoke about […]
How tax reforms bill will make housing affordable to Nigerians – Presidency
The Nigerian government has shared how the new Tax Reforms Bill will help make housing more affordable for citizens. According to Taiwo Oyedele, who leads the Presidential Fiscal Policy and Tax Reforms team, the bill will reduce taxes on the building and real estate sectors. He explained this during a construction industry forum in Abuja. […]
Tax reforms: Nigerian Govt ready to make compromise over VAT controversy — Oyedele
In recent discussions about Nigeria’s tax reforms, Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, confirmed that the Nigerian government is open to adjusting its proposed Value Added Tax (VAT) structure. This announcement comes amid the ongoing debates surrounding four major tax reform bills currently in the National Assembly. The […]