Oyedele arrives Aso Villa for swearing-in as minister of state

Contributing sentiments towards policy:

62% : The reforms also exempted small businesses with turnover below N50 million from company income tax, capital gains tax, and withholding tax, while providing incentives for employment and wage increases.
61% : Before his nomination, he served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which spearheaded a comprehensive overhaul of Nigeria's tax system.
59% : Oyedele, 50, hails from Ikaram, Akoko, in Ondo State and brings over two decades of experience in fiscal policy and tax administration to the role.
58% : Oyedele spent 22 years at PricewaterhouseCoopers, where he rose to become Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.
58% : The tax expert has also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
56% : The four bills, the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, were passed by the National Assembly in 2025 after extensive debates.
53% : President Tinubu signed the bills into law on June 26, 2025, and the Tax Reform Acts took effect on January 1, 2026, marking a new tax regime.
48% : The committee, inaugurated in August 2023, produced four executive bills that consolidated more than 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less.

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