Tag Archives: Taiwo Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has declared that all income earned in Nigeria will be subject to taxation starting in 2026. In a move aimed at broadening the nation’s tax base, the new policy will bring all professions and sectors into the …

Nigeria’s long-awaited reform tax laws have been officially published in the government gazette, marking a major step in overhauling the country’s financial framework. The reforms, which became law on June 26, 2025, are set to modernize Nigeria’s tax system and create a more business-friendly environment. The four new pieces of …

Nigeria’s digital transformation hinges on seamless collaboration across all levels of government and the legal community, Dr. Aminu Maida, Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), declared today. Speaking at the maiden edition of the Annual Workshop for Attorneys-General on Emerging Issues in the Communications Sector held at …

The ongoing tax reforms will accelerate the economic growth of the country when it comes into operation, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said. But the Chief Economist at SPM Professionals, Dr Paul Alaje, disagreed with Oyedele, saying that there are significant …

The Lagos Chamber of Commerce and Industry (LCCI) yesterday warned that the proposed rebasing of the country’s Gross Domestic Product (GDP) should not be an excuse to take more loans. LCCI President, Mr. Gabriel Idahosa spoke in Lagos at the 2025 Economic Review and Outlook Conference organised by the chamber. …

…Key to Boost Investor Confidence, Drive Economic Growth   Nigeria’s economic landscape is poised for a significant transformation in 2025, driven by the planned rebasing of the nation’s Gross Domestic Product (GDP), according to Dr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Speaking at …

MTN Nigeria is a significant contributor to the nation’s Value Added Tax (VAT) revenue, reportedly paying over N200 billion every month.   This substantial figure dwarfs contributions from other companies in the country, according to a recent statement from the Chairman, Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC), Taiwo …

The Federal Government has authorised the exemption of small enterprises, manufacturers and farmers from paying withholding tax to reduce the tax burden on firms. It also made significant modifications to the previous tax structure, such as lowering rates for enterprises with modest margins and implementing steps to combat evasion. Chairman …

By Taiwo Oyedele In a strict sense, cash is used to describe notes and coins issued by the Central Bank, as distinct from cheques, bank deposits or credit. Let’s call it currency or “Hard Cash”. In a broader sense, cash is synonymous to money which includes currency and cash equivalents …

…Telcos meet govt this week over new tax, others Telecommunication subscribers are kicking against a new Federal Government directive to impose a tax on telephone calls in the nation to fund free healthcare for the vulnerable. The telecom tax in the equivalent of a minimum of one kobo per second …