Sunday, June 14, 2026
FB X LI YT
Breaking
ABIOLA AND THE ANCIENT JOURNEY OF JUNE 12 – By Dare Babarinsa, CON Otunba Bimbo Ashiru, Group Chairman of Oodua Investment Company Limited, speaks at the Think Yoruba First 4th Global Conference. A proud moment for Yoruba land as he addresses the gathering on regional unity and progress. Representative from the DAWN Commission speaks at the Think Yoruba First 4th Global Conference, addressing the gathering on regional integration, collaboration with Think Yoruba First, and the future of Yoruba land in a multipolar world. The event was held in partnership with the DAWN Commission. Otunba Deji Osibogun, Convener of Yoruba Koya Leadership and Training Foundation, speaks at the Think Yoruba First 4th Global Conference. He addressed the gathering on leadership development, grassroots mobilisation, and the urgent need to build the next generation of Yoruba leaders. Oba Francis Olusola Alao, the Olugbon of Orile-Igbon Kingdom, speaks at the Think Yoruba First 4th Global Conference. The royal father spoke on the critical role of traditional institutions in securing the nation and praised Think Yoruba First for their tireless work in advancing the cause of Yoruba land, declaring that the movement is the future of Yoruba progress and unity. “No One Is More Qualified Than Me” – Senator Dickson Declares Obi Not Doing NDC Any Favour Caribbean Nation Opens Doors: Grenada Grants Nigerians Visa-Free Access, Seeks Direct Flights and Investment Economic Invasion, Physical and Psychological Warfare on Yoruba Land
NEWS

Oyedele Faults Media Reports on Nigeria’s Capital Gains Tax Reform

October 28, 2025 • 2 min read

October 28, 2025
By Tobi Akinnubi

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has criticised recent publications by Nairametrics and BusinessDay on Nigeria’s capital gains tax reform, describing them as misleading and inconsistent with the committee’s official position.

Oyedele, in a statement on Tuesday, said the reports misrepresented the objectives and recommendations of the proposed reforms, particularly as they relate to the taxation of investments and property transactions.

According to him, the committee’s proposals were aimed at simplifying the tax system, improving compliance, and promoting economic growth, not at discouraging investments as the reports suggested.

He clarified that the proposed capital gains tax reform seeks to close loopholes, ensure fairness, and align Nigeria’s tax regime with global best practices. Oyedele added that any recommendations made by the committee are still subject to broad consultation and presidential approval before implementation.

The committee chairman urged journalists and media organisations to verify information directly from credible sources before publication, emphasising that misreporting could mislead investors and create unnecessary panic in financial markets.

Oyedele reaffirmed the committee’s commitment to transparency and accountability in the ongoing tax reform process, assuring stakeholders that all proposals would be made public and discussed extensively before adoption.