BREAKING: Nigerian Govt Speaks On Suspension Of Tax Laws

The Nigerian government has dismissed claims that it has suspended the release of implementation guidelines on the tax laws. Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, debunked the reports in a post on X on Thursday.

Oyedele spoke amid reports that the country’s tax reform implementation guidelines were paused. He described the reports as fake news. Ibom Focus reports the tax laws, which took effect barely 14 days ago, have continued to generate controversies amid calls for their suspension.

Peter Obi, the 2023 presidential candidate of the Labour Party, the Nigeria Labour Congress and others have called for the suspension of the tax laws. However, the Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, in a recent interview on TVC, ruled out suspension of the tax laws, noting that the reforms mean well for Nigerians.