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The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has debunked claims that the Federal Government has suspended the issuance of implementation guidelines for Nigeria’s new tax laws.
Clarifying the matter on his verified X handle on Thursday, Oyedele labeled reports suggesting a pause in the reforms as “Fake News,” following a media story alleging that ongoing uncertainties had led the government to halt the guidelines.
The controversy arose after Oyedele’s address on Tuesday at the 2026 Economic Outlook event organized by the Institute of Chartered Accountants of Nigeria (ICAN), themed “ICAN@60: Accountability as the Bedrock for National Development.” During the session, he addressed confusion surrounding multiple versions of the tax laws circulating in public.
Oyedele explained that while his team had finalized over 40 regulations and public notices, they were waiting for the absolute final version of the gazette to ensure complete legal certainty. “The Acts Authentication Act says whatever the Government Printer publishes is the evidence of the law that was passed,” he said.
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He added that although an initial official version had been published, some lawmakers argued that it did not fully reflect what was passed by the National Assembly. This led the legislature to conduct its own review and produce separate gazetted copies.
According to Oyedele, his team attempted last week to purchase a printed copy from the Government Printer but was informed that the National Assembly had taken all available copies. Lawmakers reportedly instructed that the copies not be released to the public until their final review was complete.
Oyedele stressed that this has caused a strategic delay in releasing the guidelines to prevent legal ambiguities, but clarified that it does not amount to a suspension of the tax laws themselves.
“The guidelines are not suspended. We are simply ensuring that the final version reflects exactly what was passed by the National Assembly to avoid any legal challenges,” he said.
The tax chief’s comments underscore the Federal Government’s commitment to ensuring clarity and legal certainty in implementing the new tax regime. President Bola Tinubu has also repeatedly affirmed that the reforms will proceed as planned, emphasizing that the guidelines’ release is a matter of timing, not policy reversal.
Analysts note that Oyedele’s clarification is crucial for businesses, investors, and taxpayers who have expressed concerns over conflicting information on the tax laws. The new regime, aimed at improving tax compliance, revenue generation, and economic accountability, relies on the accurate dissemination of official guidelines.
By addressing the misinformation promptly, the government hopes to maintain confidence in its fiscal reform agenda and assure stakeholders that Nigeria’s tax modernization efforts remain on track, despite the procedural delays in gazetting the final documents.
