tax

FG Bans Roadside Levies, Unveils New Tax Regime For Small Businesses

The Federal Government has rolled out a new tax collection framework aimed at widening the nation’s revenue net to capture small and micro-scale enterprises, while outlawing the controversial use of…

Mar 5, 2026

News

FG, tax

Tax Law: VAT Hits Record ₦1 Trillion As New Sharing Era Begins

Total Value Added Tax earnings rose to N1.08tn in January as a new sharing formula commenced, altering how the proceeds are split among the Federal Government, states, and Local Governments,…

Mar 4, 2026

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tax

KPMG points Five Errors In New Nigerian Tax Laws

Fresh concerns have emerged over Nigeria’s newly implemented tax framework following a review by KPMG Nigeria, which identified what it described as “errors, inconsistencies, gaps and omissions” in the laws…

Jan 11, 2026

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KPMG, tax

Fuel tax begins only when naira strengthens, oil price drops — Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said the proposed 5% fuel surcharge (tax) will not be implemented until there is a…

Oct 31, 2025

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fuel tax, tax

Tax: We’re Working For Rich To Pay More While The Poor Pay Less

The Chairman of Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said the Committee is coming up with reforms to ensure that Nigerians who are supposed to…

Oct 15, 2024

national, News

Taiwo Oyedele, tax

Taiwo Oyedele: Nigerians Should expect More food items, drugs, educational materials to be exempted from VAT

The Presidential Committee on Fiscal Policy and Tax Reforms, led by Taiwo Oyedele, at a policy exposure and impact assessment session, said the series of proposals were aimed at streamlining…

May 9, 2024

News

Taiwo Oyedele, tax, vat

I Paid N5 Billion To Presidential Committee On Tax Reform: Ex-FIRS boss Nami Opens Up

Muhammad Nami, the former chairman of the Federal Inland Revenue Service has debunked a news report suggesting he approved questionable payments running into N11 billion moments before he went on…

Sep 29, 2023

News

FIRS, tax