The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified the policy intent behind Nigeria’s newly gazetted tax laws, following concerns raised by KPMG Nigeria,
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Nigerians have been assured by the federal government that the new tax laws set to be implemented on January 1, 2026, will not involve automatic debits from personal bank accounts.
The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has countered reports that foreign investors are frustrated and disappointed by Nigeria’s new capital gains tax (CGT), describing the
Nigerians earning less than N250,000 monthly will be exempt from income tax under new laws, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.
