Connect with us

News

‘I get threatened for implementing tax reforms’, says Oyedele

Published

on

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has disclosed that he has received threats to his life due to his role in implementing Nigeria’s major tax reforms.

He spoke in Abuja on Tuesday during a governance colloquium celebrating the 50th birthday of Hajiya Hadiza Bala-Usman, the Special Adviser to the President on Policy and Coordination.

Oyedele noted that driving reforms that challenge entrenched interests demands exceptional courage, especially in a system long resistant to change.

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

He identified deep-seated mistrust of government, weak tax compliance culture and poor public understanding of fiscal exchange as major obstacles to reform implementation.

According to him, Nigeria’s tax revenue remains far below that of peer countries, making comprehensive reforms inevitable.

Oyedele urged Nigerians who support the reforms to speak up, warning that silence allows opponents to dominate public discourse.

Describing trust as the most critical challenge, Oyedele said many Nigerians misunderstand the reforms, believing new taxes are being imposed when existing levies 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.

He noted that implementing the reforms carries significant 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 abuse and personal threats, Oyedele defended the reform strategy, likening previous approaches to temporary fixes.

“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 the country’s direction, describing the current reform momentum as unprecedented and urging Nigerians to remain committed to achieving long-term fiscal stability.

The federal government commenced enforcement of the new tax regime on January 1, 2026, with the introduction of four major 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.

Follow Very Nigerian WhatsApp Channel
For Verified Breaking News, Exclusive Reports, Trending Stories, And Real-time Updates.
CLICk HERE TO JOIN!
WhatsApp

Pearl Essien is a digital content creator and a graduate of the prestigious University of Calabar. With over four years of experience in writing, she specializes in crafting engaging stories that inform and inspire readers. Outside of her work, Pearl enjoys storytelling, reading, and playing table tennis, bringing the same curiosity and passion to her hobbies as she does to her writing.

Advertisement Follow Us on Google Discover
Click to comment

Leave a Reply

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

News45 minutes ago

NDA publishes 78th regular combatant course admission list

News56 minutes ago

NAF opens 2026 recruitment for tradesmen, non-tradesmen

Metro59 minutes ago

Five suspects arrested as police recover stolen vehicles in Cross River

Metro1 hour ago

Lagos court remands 74-year-old cleric over alleged defilement of granddaughter

News1 hour ago

Tinubu faces fresh scrutiny as US firm engages Congress over heroin claims

Politics1 hour ago

2027: Gawuna’s camp romances APC despite being given Kano NDC Senatorial ticket

News2 hours ago

Don’t discuss Atiku’s NYSC certificate case against Tinubu in public – Judge warns lawyers

Politics2 hours ago

2027: Tinubu deserves second term to complete reforms – Reno Omokri

National News2 hours ago

North, biggest beneficiary of my reforms — Tinubu, Arewa Forum, others disagree

Politics12 hours ago

‘Why can’t Nigerians buy petrol for N441-N872 per litre like, UAE, Angola Sudi Arabia, others’ – Atiku questions Tinubu

World13 hours ago

Former British PM Keir Starmer leaves parliament after 11 years

Politics13 hours ago

Tinubu’s effort to secure Trump’s support for re-election has failed – Atiku’s lobbying firm claim

World13 hours ago

Erin Piacenti, Bank of America VP killed in Times Square stabbing

Entertainment13 hours ago

Nollywood hit by another loss as Atinuke Kareem dies after prolonged cancer battle

Politics15 hours ago

2027: I will review NELFUND, offer debt forgiveness to Nigerian students – Atiku vows

Jobs / Vacancies2 days ago

7 Ongoing recruitment opportunities Nigerians shouldn’t miss before deadline (How to apply)

Politics15 hours ago

2027: I will review NELFUND, offer debt forgiveness to Nigerian students – Atiku vows

News2 days ago

FBI files won’t decide 2027 election, Nigerians vote will – Tinubu’s lawyer Afolabi says

Politics23 hours ago

On LG Autonomy: I will send funds directly to LGs from Day 1 in office – Atiku vows

Politics2 days ago

BREAKING: Ex-Bayelsa gov Timipre Sylva dumps APC, says party has lost its founding ideals

Politics16 hours ago

Yuguda warns Nigerians against Atiku’s promise to restore fuel subsidy, says its a political bait

Politics16 hours ago

2027: APC chieftain resigns, rejects support for Tinubu, Bauchi Governorship candidate

Politics12 hours ago

‘Why can’t Nigerians buy petrol for N441-N872 per litre like, UAE, Angola Sudi Arabia, others’ – Atiku questions Tinubu

Sports2 days ago

BREAKING: Lionel Messi retires from international football

Politics13 hours ago

Tinubu’s effort to secure Trump’s support for re-election has failed – Atiku’s lobbying firm claim

News2 days ago

Chaos as Police teargas pensioners during protest at Lagos House

National News1 day ago

Xenophobia: Nigeria will no longer tolerate dehumanisation of its citizens in South Africa — Shettima

News2 days ago

‘Nigeria is burning’ – Atiku criticises Tinubu over three-week Europe vacation

Politics2 days ago

2027: Opposition coalition push for four-year ‘government of national competence’ plan

News23 hours ago

How security forces rescued 15 NYSC members, six others from Kogi kidnappers – Police