The Chairman of the Presidential Committee on Fiscal Coverage and Tax Reforms, Taiwo Oyedele, has formally debunked stories suggesting that the Federal Authorities has suspended the issuance of implementation tips for Nigeria’s new tax legal guidelines.
Clarifying the state of affairs through his verified X deal with on Thursday, Oyedele labeled such claims as “Pretend Information,” after a media report alleged that the federal government had hit a pause button on the reforms on account of ongoing uncertainty.
The controversy stems from an tackle Oyedele delivered on Tuesday on the 2026 {Economic} Outlook occasion organized by the Institute of Chartered Accountants of Nigeria (ICAN).
Whereas responding to questions on the theme, “ICAN@60: Accountability because the Bedrock for Nationwide Improvement,” he addressed the confusion surrounding varied variations of the tax legal guidelines at the moment in circulation.
He famous that whereas his crew had finalized over 40 laws and public notices, they had been ready for absolutely the remaining model of the gazette to make sure 100% authorized certainty.
Oyedele additional defined that the “Acts Authentication Act says regardless of the Authorities Printer publishes is the proof of the regulation that was handed.”
He revealed that whereas an preliminary official model was revealed, some lawmakers argued that it didn’t completely replicate what was handed by the Nationwide Meeting. This discrepancy led the legislature to conduct its personal evaluation and produce separate gazetted copies.
In keeping with the tax chief, his crew made efforts to buy a printed copy from the Authorities Printer final week however was knowledgeable that the Nationwide Meeting had taken all accessible copies.
Lawmakers reportedly directed that these shouldn’t be launched to the general public till their remaining evaluation is concluded.
Oyedele emphasised that whereas this has precipitated a strategic delay in releasing the rules to keep away from authorized chaos, it doesn’t equate to a suspension of the tax legal guidelines themselves.
Furthermore, President Bola Tinubu has persistently maintained that the brand new tax regime will proceed as deliberate.