taiwo oyedele

The Digest: Taiwo Oyedele, Chairman of the Presidential Tax Committee, has revealed that Nigeria has partnered with over 100 nations under the Common Reporting Standards to gather data on remote workers and citizens with foreign assets for tax enforcement. Key Points: Nigeria has...

The Presidential Committee on Fiscal Policy and Tax Reforms, led by Chairman Taiwo Oyedele, has unveiled fifty significant tax exemptions and reliefs set to take effect from January 1, 2026. These measures are designed to protect low-income earners, support small businesses, and ease the...

The Digest: A major tax reform is set to change the amount of money working Nigerians take home. According to Daily Trust, a new Personal Income Tax system starts in January 2026, raising the tax-free income threshold and introducing different rates based on earnings. Rooted in the Storm. Key...

The Digest: The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, has announced that 98% of Nigerians will see their personal income taxes slashed or eliminated. According to Vanguard, this policy aims to protect low earners of economic hardship...

The Digest: The Federal Government confirmed that income earned by commercial sex workers or "runs girls" will be subject to taxation under the new fiscal reforms. Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, stated that the new laws do not differentiate between income...

The Digest: The Nigerian government is significantly expanding its tax net to include remote workers, Nigerians in the diaspora, and social media influencers, as part of its major fiscal policy and tax reforms. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax...

The Digest: Taiwo Oyedele, Chairman of Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee, has clarified that the proposed 5% fuel tax should only be implemented under specific economic conditions to avoid burdening citizens. He emphasized that the tax must be introduced...

The Digest: Following the announcement that a Tax Identification Number (Tax ID) will be mandatory for operating bank accounts from January 2026, Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has clarified key aspects of the new policy through a...

The Digest: The Presidential Fiscal Policy and Tax Reforms Committee has responded to concerns about the new 5% fuel surcharge, clarifying that it’s not a new levy but a restatement of an existing tax. The surcharge will only apply to fossil fuels and excludes kerosene, cooking gas, and...

The Digest: Amid growing public anxiety over new taxes, the Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has clarified that the controversial five percent fuel surcharge will not take effect in January 2026. His statement aims to quell fears that the levy would worsen...