Tag: Tax reform laws

Tax Reform Laws: Oyedele finally admits errors

Aminu Imam
Oyedele admits errors

…Says ‘correction under way’ Minister of State for Finance, Taiwo Oyedele, has admitted that Nigeria’s new tax reform laws contain errors and confirmed that a corrective Finance Bill is being prepared. Speaking at the 2026 conference of the Nigerian Bar Association Section on Legal Practice, Oyedele said the issues were caused by “manual processes and multiple review stages”. He acknowledged discrepancies between the versions passed by the 10th National Assembly and the gazetted laws. “What we need is a more transparent and reliable legislative process where every version of a…

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“I won’t file my taxes until Tinubu does” — Lawyer dares FG

Aminu Imam
Lawyer dares FG

A human rights lawyer, John Chinedu, has vowed not to file his tax returns by March 31, 2026, unless President Bola Ahmed Tinubu publicly does the same. In a Facebook post yesterday, Chinedu said leaders must first show transparency before demanding compliance from citizens. He wrote: “The era where followers pay taxes while leaders loot public funds is over. If the President wants Nigerians to comply with tax laws, he should lead by example and show proof of his own tax returns”. He accused political leaders of misusing public funds…

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Shari’ah Council demands INEC Chairman’s removal, rejects tax reform

Aminu Imam
Shari’ah council demands

…Warns against ‘compromised’ elections The Supreme Council for Shari’ah in Nigeria, (SCSN), has called for the immediate removal and prosecution of the Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, warning that Muslims across the country will not recognise any election conducted under his leadership. The Islamic organisation also rejected the Federal Government’s controversial tax reform and other policies, which it said could impose unjust hardship on ordinary Nigerians. The position of the Council was made public during its 2026 Annual Pre-Ramadan Lecture and General Assembly held…

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Alleged ₦300m bribe: Anti-tax protest collapses, as faction calls for EFCC probe

Aminu Imam
Anti tax protest collapses

…Calls for EFCC probe  A planned protest against Nigeria’s new tax laws, scheduled for January 20, 2026 has been thrown into disarray, following allegations that members of the movement were bribed with ₦300 million. A faction of the group accused the leadership of attempting to exploit the protest to incite unrest and called on the Economic and Financial Crimes Commission (EFCC) to investigate the matter. The faction, led by Mustapha Abdullahi, announced its withdrawal from the protest and urged security agencies to arrest the organisers to prevent potential breakdowns of…

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New Tax Law: NANS demands suspension pending review, public education

Aminu Imam
NANS on new tax law

The National Association of Nigerian Students, (NANS), has called on the Federal Government to immediately suspend the planned implementation of the newly introduced Tax Reform Law, citing poor public enlightenment and alleged alterations to the version passed by the 10th National Assembly. The student body made the demand in an issued statement signed by its National President, Olushola Oladoja yesterday, ahead of the law’s scheduled commencement on January 1, 2026. While acknowledging the importance of tax reforms to national development, NANS said the current implementation process was “fundamentally flawed, poorly…

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New tax laws: FG stands firm on Jan. 1 rollout

Aminu Imam
FG on new tax laws

The Federal Government has reaffirmed that the implementation of the new tax laws will commence on January 1, 2026, insisting there will be no postponement despite mounting controversy and calls for a delay over alleged irregularities in the legislative process. However, in response to public concerns surrounding the passage, presidential assent and gazetting of the laws, the leadership of the 10th National Assembly has directed the Clerk to re-gazette the Tax Acts, and issue Certified True Copies of the versions duly passed by both chambers. The firm stance by the…

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“Unfair tax reforms could deepen public distrust”, MSSN warns FG

Aminu Imam
MSSN warns FG

The Muslim Students’ Society of Nigeria, (MSSN), has raised concerns over recent Federal Government policy decisions, including proposed tax reforms, warning that such moves risk worsening public distrust if issues of fairness, justice and inclusivity are not adequately addressed. The body of Islamic students disclosed this in a statement yesterday, during the opening ceremony of its B-Zone  ‘Islamic Vacation Course’, held at the proposed permanent site of Al-Ummah University, along the Ibadan–Lagos Expressway, Onigari, Ogun State. Speaking at the event, the National President of the Society, Tajudeen Mustapha, said that…

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FG confirms January 2026 tax reforms

Aminu Imam
Oyedele on tax

…Dismisses TIN–bank account freeze fears The Federal Government has confirmed that major tax reforms will take effect from January 1, 2026, while moving to calm public concerns over claims that bank accounts will be frozen or automatically debited if not linked to a Tax Identification Number, (TIN). Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, addressed the concerns in a post, titled: “FACT NOT FEAR” on his official X handle yesterday, dismissing what he described as widespread misinformation surrounding the policy. Oyedele clarified that the requirement…

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National Assembly orders re-gazetting of tax laws

Aminu Imam
NASS on re gazetting

The 10th National Assembly has ordered the re-gazetting of four major tax reform laws amid public controversy over alleged post-passage alterations, insisting the move is purely administrative and aimed at protecting the integrity of the legislative record. In a statement issued yesterday by the House of Representatives spokesperson, Akin Rotimi, the leadership of both chambers of the parliament directed the Clerk to the National Assembly to re-gazette the Acts and issue Certified True Copies (CTCs) of the versions “duly passed by both chambers of the National Assembly”. The directive follows…

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“Reject ‘distorted’ tax law’ ” – NLC urges Nigerians

Aminu Imam
NLC urges Nigerians

The Nigeria Labour Congress (NLC), yesterday urged Nigerians to reject any tax law that “was distorted or falsified”. President of the NLC, Joe Ajaero, in his 2025 Christmas message, stated that distortions and alleged forgery associated with certain tax policies undermine credibility and public trust. He said, “Together, in this season and beyond, we must insist on Tax Justice where the rich pay their fair share and all forms of regressive taxation are removed”. “Any tax system that is mired in apparent distortion and outright forgery is unacceptable and should…

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