Taiwo Oyedele
3 Sep
The Taiwo Oyedele Presidential Committee on Fiscal Policy and Tax Reforms is awaiting President Bola Tinubu’s approval of the various reforms to be implemented.
26 Aug
Except the 150-day duty-free import window for certain food items is backed with foreign exchange (FX) support among others, there are indications importers targeted by the fiscal policy will boycott the exercise, findings have suggested.
5 Jun
The presidential fiscal policy and tax reforms committee has proposed the restructuring of the Federal Inland Revenue Service (FIRS) into the
3 Jun
The push by the Presidential Committee on Fiscal Policy and Tax Reforms for radical changes in the country’s tax administration system may stoke a political conflict between the federal and state governments in the coming months, The Guardian has learnt.
31 May
The Presidential Committee on Fiscal Policy and Tax Reform has proposed the exemption of small businesses from withholding tax obligations, businesses with low margins.
24 May
While there is a crucial need to address the growing threats of cyber-attacks, it will be extremely inappropriate to implement the Cybersecu
21 May
Politicians who are found guilty of tax evasion have already presented themselves as lawbreakers and unpatriotic citizens sabotaging govern
12 May
The Federal Government is working on a system that will provide tax relief to 95 per cent of the informal sector of the economy in the country.
9 May
The chairman of the presidential committee on fiscal policy, Taiwo Oyedele, has highlighted reforms needed in Nigeria's Value Added Tax (VAT) system. Oyedele was quoted in a report to have said at an event on Monday that there is a need to increase Nigeria’s VAT rate which currently stands at 7.5 percent. However, Oyedele in…
9 May
Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied advocating increment in Value Added Tax (VAT).
8 May
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an increase in the value-added tax (VAT) rate. Nigeria's current VAT rate sits at 7.5%. The chairman of the committee, Taiwo Oyedele, made the recommendation during a policy session of the committee on Monday. Oyedele proposed a revision to the current VAT revenue-sharing formula…
6 May
Experts have warned the government against increasing value-added tax (VAT) in a desperate move to increase public revenue. The Fiscal Policy and Tax Reform Committee led by Taiwo Oyedele, in its 2024 National Tax Policy (NTP) proposal submitted to the government, proposed among other things, an increase in VAT to generate more revenue.
Latest
3 mins ago
No fewer than 2,500 small scale business owners have accessed the N50,000 Federal Government’s loan scheme in Sokoto state. Hajiya Habiba Sambawa, the Manager of Bank of Industry (BOI) in-charge of Sokoto, Kebbi and Zamfara States, disclosed this at a town hall meeting organized on Friday in Sokoto. Sambawa said the support was part of…
4 mins ago
The Rivers State chapter of the All Progressives Congress (APC) has elected Tony Okocha as its party chairman. Okocha was elected during a delegate congress conducted through a voice vote and presided over by Dr. Adoye Omale, who represented the party's national secretariat. Other positions filled during the state delegates' congress included Deputy Chairman, State…
14 mins ago
The Nigerian Publishers Association (NPA) has elected Mr. Lukman Dauda, the Managing Director of Evans Publishers Limited, as its president. Dauda was elected at the just concluded Annual General Meeting (AGM) which took place in Ikeja, Lagos. He defeated Mr. Sunday Obiyinka, the Chairman of Extension Publishers, in a keen contest that was adjudged free…
17 mins ago
Stakeholders have challenged leadership recruitment processes across Africa, especially on the political front. They have therefore called for more actions in support of initiatives aimed at liberating African minds across all sectors to rise to the challenge of repositioning Africa as a moral and technological superpower in the spirit of the African Renaissance. The call…
33 mins ago
Edo State Governor, Monday Okpebholo, on Saturday, alleged a grand plan by his predecessor, Godwin Obaseki, some members of the opposition parties of plotting a media trial to discredit his victory in the 21 September governorship election. This is contained in a statement by his Chief Press Secretary, Fred Itua in Benin City. The governor…
33 mins ago
The Alumni Association of the Bauchi State College of Agriculture has asked the government to name the institution after former President Goodluck Jonathan to pave the way for more development and special interventions. The Association said this on Saturday at a press conference. The President of the Association, Sani Mu'azu explained that the major reason…
40 mins ago
Kano State Government under the leadership of Abba Kabir Yusuf has approved N7,708,699,175.33 for execution of various infrastructural pr
54 mins ago
The Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal, as essential processes are still being finalized. The Nigerian National Petroleum Company Limited (NNPC Ltd.) says an official announcements will be made if and when price reviews on the products occur. Mr. Olufemi Soneye, Chief Corporate Communications Officer,…
1 hour ago
Lagos State Governor, Babajide Sanwo-Olu, on Saturday, said the 220 hectares Lagos State Food Security Systems and Central Logistics Hub at Ketu-Ejirin, Epe, will ensure food sufficiency for Lagosians and stabilised market prices when completed in the second quarter of 2025. The governor said this during a working visit to the Lagos State Logistics Hub,…
1 hour ago
Bother Emmanuel Anyanwu, who resides in Cotonou, Benin Republic, is thanking God for his deliverance from suppression by evil spirit