The Federal Government is considering a single-digit tax regime to reduce the burden of multiple taxations on Nigerians. The Chairman of the Presidential Committee on Fiscal and Tax Reforms, Taiwo Oyedele, made this known in an interview on Television station.…
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied a media report on the proposal to reduce the Federal Government’s share from the Federation Account Allocation Committee. While reacting to a report published by an…
The Federal Government has adopted a new withholding tax policy which will bring relief to thousands of small and medium-sized enterprises (SMEs) throughout the country. This development is expected to bring clarity and simplicity to the tax system, which has been…
The Chairman of Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele believes Nigeria can significantly boost its revenue without imposing new taxes. Instead, he advocates for better tax administration and the use of technology to close the estimated…
By Opeyemi Abdulsalam The Presidential Fiscal Policy and Tax Reform Committee has proposed that all revenue generating agencies will henceforth earn one percent on the revenue they generate. Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Mr. Taiwo…
Worried by the growing impact of fluctuating exchange rates for calculating import duties at the ports, the presidential committee on fiscal policy and tax reforms has advised the federal government to adopt an exchange rate of N800 per dollar for…
The Federal Government is working on a system that will provide tax relief to 95 percent of the informal sector of the economy in the country. The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele…
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele has blamed non-state actors for depriving local governments in the country of generating as much as N50 billion in revenue. The tax reforms Chief disclosed this in…
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele said the Nigerian government will save N8 trillion annually from the removal of fuel subsidies and the unification of exchange rates. Speaking at a panel session at…
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has unveiled a groundbreaking plan that could potentially revolutionise the Nigerian economy. During a captivating panel session at the prestigious Lagos Chamber of Commerce and Industry 2024…
