The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has denied reports claiming that the Federal Government has paused the issuance of implementation guidelines for the new tax laws due to uncertainty over their final version.
Oyedele made the clarification following a media report which alleged that the Federal Government had halted the release of guidelines for the implementation of the new tax laws, quoting him as having directed the Nigeria Revenue Service and the Joint Revenue Board to wait because the final version of the laws was unclear.
The report claimed that Oyedele made the remarks in Lagos on Tuesday while responding to questions after delivering a keynote address at the 2026 Economic Outlook event organised by the Institute of Chartered Accountants of Nigeria (ICAN), with the theme “ICAN@60: Accountability as the Bedrock for National Development.”
However, Oyedele dismissed the report as inaccurate and misleading, stressing that he never instructed any revenue agency to suspend preparations for the implementation of the new tax laws.
He explained that while the government remains committed to ensuring clarity, consistency and proper stakeholder engagement in the rollout of the reforms, work on implementation frameworks and administrative preparations is ongoing.
Oyedele noted that the tax reform process is designed to improve efficiency, equity and transparency in Nigeria’s tax system, adding that implementation guidelines would be issued in line with the provisions of the law and established procedures once all necessary processes are concluded.
He urged the media and the public to rely on verified information from official sources, warning that unsubstantiated reports could create unnecessary confusion among taxpayers and stakeholders.
The committee chairman reaffirmed the Federal Government’s resolve to carry through with the tax reforms, describing them as critical to strengthening public finance, boosting revenue generation and supporting sustainable economic growth.
