Nigeria’s Federal Government is implementing a single-digit tax reform to reduce the tax burden on citizens and businesses. Led by Taiwo Oyedele, the reform includes tax simplification, collaboration between authorities, and lowering corporate tax rates, aiming to boost economic activity and...
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy, responded to Northern Governors' opposition to the proposed derivation model for VAT distribution. He argued for a fairer system that considers the location of consumption, emphasizing the need for equitable revenue sharing...
Nigeria's economic woes stem from low revenue, not high governance costs, says Taiwo Oyedele. At a lecture in Lagos, Oyedele highlighted the disparity between Nigeria's budget and its financial needs. He urged collaboration for fiscal reforms and innovative solutions to boost economic growth...
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy, advocates for an hourly minimum wage in Nigeria, linking it to worker productivity. He also suggests allowing civil servants to hold multiple jobs. His proposal aims to balance wage adequacy with productivity for sustainable...
Nigerian tax reform committee proposes a fixed N800 per dollar rate for customs import duties, sparking concerns over potential economic disruptions and higher costs for businesses and consumers.
The presidential committee on fiscal policy and tax reforms has sent shockwaves through Nigeria's...
In a revealing address at the Africa Trade and Investment Summit, , Taiwo Oyedele, disclosed a startling statistic that approximately 81% of Nigerians employed are not contributing meaningfully to the economy. Oyedele highlighted that while Nigeria's official unemployment rate mirrors that of...
Nigeria's federal government has recently announced plans to simplify its tax system by significantly reducing the number of taxes from the current 62 to less than 10. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, unveiled this decision during a...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.