taiwo oyedele

The Digest: The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has confirmed the Federal Government will proceed with implementing new tax legislation on January 1, 2026, despite recent controversies. Key Points: Oyedele stated the rollout is on...

# The Digest: Tax reform chief Taiwo Oyedele has revealed that Nigeria has fewer than 10 million active individual taxpayers, a figure he argues should be the baseline for Lagos State alone. Speaking at the Tax Reform Summit 2026, Oyedele emphasized the critical need for improved data...

The Digest: Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has projected that Lagos State could generate up to N1 trillion in annual revenue from property taxes if the system is fully optimized. Key Points: Taiwo Oyedele stated Lagos could generate N1...

The Digest: Taiwo Oyedele has asserted that there are no discrepancies between the tax laws passed by the National Assembly and the officially gazetted versions. Speaking on Channels Television, Oyedele dismissed the controversy as fueled by unauthorized drafts and called for patience as a...

The Digest: With 11 days until Nigeria's new tax regime takes effect, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has moved to calm public anxiety, clarifying that bank accounts will not be blocked from January 1, 2026, solely due to the lack of...

The Digest: The Federal Government has announced that approximately one-third of Nigeria’s workforce will be exempted from paying personal income tax starting in January 2026, as part of a sweeping reform aimed at creating a fairer, more inclusive fiscal system. Key Points: Workers earning...

The Digest: Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has attributed public anxiety over upcoming tax reforms to a critical lack of awareness, not new punitive measures. His clarification seeks to calm fears by separating longstanding law from fresh...

The Digest: Taiwo Oyedele has clarified that the new tax laws will mandate banks to report accounts with a quarterly turnover of N25 million to the tax agency. According to the committee chairman, this raises the reporting threshold from the previous N10 million and is not a new power for...

The Digest: Taiwo Oyedele, Chairman of the Presidential Tax Reforms Committee, has firmly dismissed fears that the government can directly debit personal bank accounts. According to his statement, such claims are false, dangerous, and could trigger harmful economic panic. Key Points : Taiwo...

The Digest: The Federal Government has announced that all taxable Nigerians must possess a Tax Identification Number to operate bank accounts starting January 2026. According to reports, the policy exempts students and dependents while reinforcing compliance under the new Nigerian Tax...

The Digest: The Presidential Fiscal Policy and Tax Reforms Committee has unveiled a list of 20 prominent content creators chosen to spearhead public education on Nigeria's new tax reforms. Selected from over 8,591 nominations, the creators will undergo special training to deepen their...

The Digest: The Presidential Tax Committee has clarified that Tax Identification Numbers are not required for strictly personal bank accounts. According to Leadership Newspapers, Chairman Taiwo Oyedele explained the rule targets business transactions, exploring how authorities will use BVN...

The Digest: Taiwo Oyedele, Chairman of the Presidential Committee on Tax Reforms, has detailed a new intelligence-driven system that will aggregate data from bank accounts, travel, and utilities to identify tax evasion. Key Points: The system will aggregate data from bank accounts, travel...

The Digest: Millions of Nigerians will receive significant financial relief starting January 2026 as five frequently applied bank charges are set to be abolished under the Federal Government’s sweeping tax reform agenda. According to fiscal policy chairman Taiwo Oyedele, the changes are part...

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...