149 Firms Still Enjoy Tax Holidays Under New Law - FG   A total of 149 companies currently enjoying pioneer status incentives will retain their tax holidays for at least two more years, despite Nigeria’s transition to a new tax regime scheduled to take effect from...

New Tax Reforms to Tackle Multiple Levies - Oyedele   The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the country’s haulage and logistics industry would be one of the major beneficiaries of the tax reforms being put in place. Oyedele...

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Nigerians who earn income from sex work and other activities often considered “illegitimate” will be liable to pay taxes under the country’s new fiscal regime.

𝐓𝐡𝐞 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐀𝐜𝐭𝐬 𝐚𝐧𝐝 𝐓𝐚𝐱 𝐈𝐃 – 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰    The Nigeria Tax Administration Act (NTAA) mandates the use of Tax Identification Numbers (Tax ID) for certain transactions. Understandably, many Nigerians have questions about what this means for banking, businesses, and everyday...

Tax ID Controversy: Not Mandatory for Ordinary Nigerians to Open Bank Accounts - FG Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has dismissed claims that all Nigerians must obtain a Tax Identification Number (Tax ID) before opening or maintaining bank...

No ₦500 Fuel Surcharge in January 2026 — Taiwo Oyedele The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has dismissed reports suggesting that Nigerians will begin paying a ₦500 surcharge on fuel purchases starting January 2026. Oyedele, in a statement...