
The Digest:
The chairman of Nigeria’s Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has dismissed reports of a paused rollout of new tax guidelines, calling the narrative “fake news” and attributing the delay to a procedural legislative check.
Key Points:
- Tax reform chairman Taiwo Oyedele labelled a Daily Trust report as “fake news.”
- He clarified that new tax guidelines are not paused but are undergoing mandatory verification.
- The National Assembly is comparing printed gazettes with the originally passed bills.
- Certified copies of the four new laws were released on January 3, 2026.
- The laws took effect on January 1, aiming to simplify taxes and exempt low-income earners.
- Reforms are designed to raise revenue without increasing tax rates.
- Businesses await the final official versions to ensure accurate compliance.
Sources: Daily Trust, X