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President Tinubu sets up tax reforms committee, appoints Oyedele chairman
Nigeria’s President, Bola Tinubu has approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms, while appointing the Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers, Mr. Taiwo Oyedele, as committee chairman.
The development comes barely 24 hours after the President signed four Executive Orders, suspending the five per cent excise tax on telecommunication services and the excise duties escalation on locally-manufactured vehicles.
According to the President, the committee “Will comprise experts from both the private and public sectors and have responsibility for the various aspects of tax law reform, fiscal policy design and coordination, harmonisation of taxes, and revenue administration,” a statement signed by Tinubu’s Special Adviser on Special Duties, Communication and Strategy, Dele Alake, read on Friday.
According to the statement titled ‘President Tinubu sets up committee on tax reforms,’ the committee’s primary objective is to enhance revenue collection efficiency and ensure transparent reporting.
It will also promote the effective utilisation of tax and other revenues to boost citizens’ tax morale, foster a healthy tax culture, and drive voluntary compliance.
Alake cited earlier remarks by the Special Adviser to the President on Revenue, Mr Zaccheus Adedeji, who explained that Tinubu recognises the importance of a sound fiscal policy environment and an effective taxation system for the functioning of the government and the economy.
According to Adedeji, “Nigeria ranks very low on the global ease of paying taxes while the country’s Tax to GDP ratio is one of the lowest in the world and well below the African average.
“This has led to an overreliance on borrowing to finance public spending, which in turn limits the fiscal space as debt service costs consume a greater portion of government revenue, annually resulting in a vicious cycle of inadequate funding for socio-economic development.
“While some incremental progress has been recorded over the years, the outcomes have not been transformative enough to change the narrative,” he said.
Adedeji outlined the key challenges in Nigeria’s tax system, including multiple taxes and revenue collection agencies, fragmented and complex tax system, low tax morale, high prevalence of tax evasion, high cost of revenue administration, lack of coordination between fiscal and economic policies, and poor accountability in the utilisation of tax revenue.
Adedeji explained that the administration hopes to transform the tax system to support sustainable development and achieve a minimum of 18 per cent Tax to GDP ratio within three years without stifling investment or economic growth.
“It should be noted that this committee will not only advise the government on necessary reforms but will also drive the implementation of such recommendations in support of the comprehensive fiscal policy and tax reform agenda of the current administration,” the SA on Revenue added.
Oyedele, who chairs the committee, is the Thematic Lead for the Fiscal Policy & Planning Commission and Chairman of the West Africa Debt Management Roundtable of the Nigerian Economic Summit Group.
He also heads the Taxation & Fiscal Policy Faculty Board of the Institute of Chartered Accountants of Nigeria and is a member of the Nigerian Taxation Standards Board.
Oyedele serves as a member of the Ministerial Committee on implementing Nigeria’s National Tax Policy. He is a member of the Global Tax Forum and has previously served as a member of the Global Governing Council of the Association of Chartered Certified Accountants.
Oyedele, an Associate Professor at the Babcock University Business School, is an alumnus of the London School of Economics & Political Science, Yale University, and Harvard Kennedy School Executive Education.
He is also a guest lecturer at the Lagos Business School and the Founder and President of Impact Africa Foundation.
News
Atiku hires US lobbying firm for $1.2m to boost image – Report
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Ex-Vice-President Atiku Abubakar has hired a Washington-based lobbying firm, Von Batten-Montague-York, L.C., to strengthen his reputational standing in the United States.
The PUNCH reported that the details of the deal are contained in documents filed with the U.S. Department of Justice, which show that the agreement was signed on March 9 and 10, 2026, by the firm’s managing partner, Karl Von Batten, and Nigerian politician Fabiyi Oladimeji on behalf of the former vice president.
According to the filing sighted on the Department of Justice ’s website on Sunday, the contract is aimed at shaping perceptions of Atiku within U.S. policy circles and countering narratives linked to the Nigerian government.
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Under the arrangement, the firm is expected to facilitate meetings between the former vice-president and U.S. government officials, including members of Congress, as well as provide advisory services on policy positioning and engagement strategy.
“These activities include lobbying and government affairs engagement with Members of Congress, congressional staff, and executive branch officials concerning issues related to democratic governance, regional stability, economic development, and U.S. engagement with Nigeria and the broader West African region,” part of the contract reads.
The firm will also undertake “promotion, perception management, and public relations activities designed to enhance understanding among U.S. policymakers and relevant stakeholders” of Atiku’s positions.
News
Kaduna Mando Garage Explosion Not Bomb- Police
The command’s Public Relations Officer, DSP Mansir Hassan, said in a statement that the incident occurred at about 3:00a.m. on Sunday at the premises of Silver Luxury Travel, a bus company operating at Mando Garage, Kaduna.
The Kaduna State Police Command has confirmed that an explosion at the Lagos Garage Terminus in Mando area of Kaduna State today wasn’t a bomb explosion, but a CNG-powered luxury bus that ruptured after its gas tank was overfilled.
The incident occurred during the early hours of Sunday with the loud blast drawing attention from commuters, traders, and nearby residents, prompting a swift response from emergency services.
The command’s Public Relations Officer, DSP Mansir Hassan, said in a statement that the incident occurred at about 3:00a.m. on Sunday at the premises of Silver Luxury Travel, a bus company operating at Mando Garage, Kaduna.
He said detectives were immediately deployed to the scene after a loud sound was reported, and that the vehicle has been safely evacuated, while normal business activities have since resumed at the motor park.
He noted that no casualties or loss of property were recorded, and normal activities had since resumed in the area.
News
Nigerian Army Debunks Claims of Attack on Bishop Matthew Kukah’s Residence and Sokoto Catholic Cathedral
The Nigerian Army has categorically dismissed as false and misleading a viral social media post alleging an armed attack on the residence of Bishop Matthew Kukah, the Catholic Bishop of the Sokoto Diocese, and the Sokoto Catholic Cathedral.
In an official statement issued on Saturday by the 8 Division Nigerian Army and Sector 2 of Operation FANSAN YAMMA, the military said no such incident occurred in Sokoto State. The claim, which circulated on Facebook, was described as unfounded and fabricated.
“The safety and security of Bishop Matthew Kukah and the Sokoto Catholic Cathedral remain intact,” the statement read. It added that the Bishop is currently carrying out his Easter duties without any disruption.
The Army noted that it had taken note of the misleading report and, in collaboration with other security agencies, confirmed there was no attack anywhere in the state.
The Division reaffirmed its commitment to the safety of all residents in Sokoto State and its area of responsibility. “Robust security measures are in place to guarantee a peaceful and secure Easter celebration,” it said.
The statement was signed by Lieutenant Colonel Olaniyi Osoba, Acting Deputy Director, Army Public Relations, 8 Division Nigerian Army / Sector 2 Operation FANSAN YAMMA.
Similar clarifications have also been issued by the Catholic Diocese of Sokoto, which described circulating videos and reports as attempts to cause panic and destabilise peace in the area. Both the Bishop’s residence, the Cathedral, and related facilities remain safe and operational.
Authorities urged the public to disregard the false information and rely on verified sources during the Easter period.
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