Minority Caucus Challenges FG on New Tax Laws

The Minority Caucus of the House of Representatives has asked the Federal Government to halt implementation of the planned tax laws following alleged alteration controversies rocking the country.

The call for suspension followed insistence by Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, last week, that the date for the implementation of the Nigerian Tax Act and the Nigerian Tax Administration Act was sacrosanct.

“The plan to commence the new laws on January 1, 2026, will go ahead as planned on schedule because these reforms are designed to provide relief to the Nigerian people,” he said after the meeting, which was attended by the Chairman of the Federal Inland Revenue Service (FIRS), Zacchaeus Adedeji, and the Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe.

Oyedele, however, welcomed the position of the National Assembly on the allegations about alteration.

He said the Federal Government was ready to work with the federal lawmakers to address the concerns raised by Nigerians, including opposition figures.