The Federal Government’s major tax reform laws, enacted on June 26, 2025, have officially been published in the government’s Gazette, marking a significant milestone in the country’s fiscal policy framework.
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...
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, disclosed that the country currently spends less than 50 per cent of its revenue on debt servicing.
The chairman of the senate committee on appropriations, Solomon Adeola, says Nigerians earning N800,000 or less annually will no longer pay personal income tax under the new tax reform laws signed by President Bola Tinubu.
‎Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said Nigeria’s new tax law will ease the cost of living.
Tax Reforms Not Just About Revenue, Says Presidential Aide
The tax reforms driven by President Bola Tinubu are focused on empowering, supporting and building a better economic future for young Nigerians to thrive, the Senior Special Assistant to the President on Citizenship and Leadership, Ms...