ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Economy

Oyedele Says He Faces Death Threats Over Nigeria’s Tax Reforms

Victoria Emeto by Victoria Emeto
January 14, 2026
in Economy, News
0
Oyedele Says He Faces Death Threats Over Nigeria’s Tax Reforms

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that he has received threats to his life over his role in driving Nigeria’s sweeping tax reform agenda.

Oyedele made the revelation in Abuja on Tuesday while speaking at a governance colloquium organised to mark the 50th birthday of the Special Adviser to the President on Policy and Coordination, Hajiya Hadiza Bala-Usman.

According to him, implementing reforms that challenge entrenched interests requires exceptional courage, particularly within a system that has long resisted change.

“Reforms are hard, and tax reforms are even harder. You need courage. I receive threats simply for trying to fix a broken system,” Oyedele said.

He identified deep mistrust of government, weak tax compliance culture, and poor public understanding of fiscal exchange as some of the major obstacles confronting the reform process.

Oyedele noted that Nigeria’s tax revenue remains significantly lower than that of comparable countries, making comprehensive reforms unavoidable.

He urged Nigerians who support the reforms to be more vocal, warning that silence allows opponents to dominate public debate and spread misinformation.

Describing trust as the biggest challenge, Oyedele said many Nigerians wrongly believe that the government is introducing new taxes, when in reality existing taxes are being reduced and harmonised.

“There is suddenly a national awareness, and people say the government has brought taxes all over the place, when in fact what we are doing is reducing the taxes they have been paying and harmonising them,” he explained.

The reform committee chairman acknowledged that the process carries serious political, economic and reputational risks.

“You need the courage to push through. You need the courage to take risks, because it’s very risky,” he said.

Despite facing online attacks and personal threats, Oyedele defended the reform strategy, describing previous approaches to taxation as temporary solutions that failed to address structural problems.

“What we have been doing all my adult life with the tax system was a pain reliever. It hasn’t taken us far. Now we’re doing the surgery. It will come with pain, but it is the only right thing to do,” he said.

He expressed optimism about Nigeria’s current trajectory, describing the ongoing reform drive as unprecedented and calling on citizens to remain committed to achieving long-term fiscal stability.

The Federal Government formally began enforcing the new tax regime on January 1, 2026, following the enactment of four key laws: the Nigeria Tax Act 2025, the Nigeria Tax Administration Act 2025, the Nigeria Revenue Service Establishment Act 2025, and the Joint Revenue Board Establishment Act 2025.

Tags: #FiscalPolicy#NigeriaEconomy#TaiwoOyedele#TaxReforms
Previous Post

Nigeria Records Historic N6 Trillion FAAC Disbursement in Q3 2025 — NEITI

Next Post

FG Vows to Involve Farmers in Policy Decisions to Boost Food Security

Victoria Emeto

Victoria Emeto

Next Post
FG Vows to Involve Farmers in Policy Decisions to Boost Food Security

FG Vows to Involve Farmers in Policy Decisions to Boost Food Security

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Dangote Refinery Promises End to Petrol Scarcity, Delivers World-Class Fuel

Dangote Refinery Promises End to Petrol Scarcity, Delivers World-Class Fuel

January 14, 2026
FG to Drive Energy Transition With Green Finance, Tinubu Unveils $2bn Climate Fund

FG to Drive Energy Transition With Green Finance, Tinubu Unveils $2bn Climate Fund

January 14, 2026
FG Approves Over ₦6bn TETFund Intervention for 271 Tertiary Institutions in 2026

FG Approves Over ₦6bn TETFund Intervention for 271 Tertiary Institutions in 2026

January 14, 2026
FG Vows to Involve Farmers in Policy Decisions to Boost Food Security

FG Vows to Involve Farmers in Policy Decisions to Boost Food Security

January 14, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Dangote Refinery Promises End to Petrol Scarcity, Delivers World-Class Fuel

Dangote Refinery Promises End to Petrol Scarcity, Delivers World-Class Fuel

January 14, 2026
FG to Drive Energy Transition With Green Finance, Tinubu Unveils $2bn Climate Fund

FG to Drive Energy Transition With Green Finance, Tinubu Unveils $2bn Climate Fund

January 14, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!