Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the January 1, 2026 date for the implementation of the Nigerian Tax Act and the Nigerian Tax Administration Act is sacrosanct.
The primary objective, as stated by Oyedele, is to “promote economic growth, inclusivity, and shared prosperity for our people,” emphasizing the administration’s commitment to enhancing the overall well-being of Nigerians through strategic economic policies.
Oyedele disclosed this on Friday in Lagos, while briefing journalists after a meeting with President Bola Tinubu, where key discussions on economic strategies and tax policies took place.
Also present at the meeting with President Tinubu were notable figures including Zacchaeus Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), and Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee, highlighting the collaborative effort in shaping the country’s economic direction.
Regarding the alleged alterations to the tax laws, Oyedele welcomed the position of the National Assembly, expressing optimism about the potential for constructive dialogue. He said the Federal Government will work closely with the lawmakers to address the concerns raised by Nigerians, ensuring that the policies implemented are in the best interest of the populace.
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