• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Comptroller General Nigerian Customs Bashir Adewale

      Nigeria Customs Takes Anti-Money Laundering Fight to the Skies

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria Customs, ICPC and the Audit of Conscience

      Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade

      President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

      Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO…

  • National
    • China Backs Nigeria’s Anti-Cybercrime War, Cautions Citizens Against Internet Fraud

      Official_JAMB_logo

      JAMB, Stakeholders Approve 150 as Minimum Score for Varsity Entry, 100…

      Bar Everestus Ugwuowo Suspended from Legal Practice for Five Years Over…

      Troops helping the rescued civilians to the military truck

      In Niger, 40 Women, Children Rescued from Boko Haram After Months…

      ASUU

      “No Pay, No Work”: ASUU Orders Members to Commence Nationwide Strike

    • Government
      • China Backs Nigeria’s Anti-Cybercrime War, Cautions Citizens Against Internet Fraud

        Official_JAMB_logo

        JAMB, Stakeholders Approve 150 as Minimum Score for Varsity Entry, 100…

        ASUU

        “No Pay, No Work”: ASUU Orders Members to Commence Nationwide Strike

        NPF Champions Regional Security Collaboration as IGP Attends 13th AFRIPOL Meeting…

        At BRICS Summits, Tinubu Pushes for Equality in Global Finance, Health…

  • Security
    • NAF Civilian Harm Mitigation and Response (CHMR)

      NAF Inaugurates Civilian Harm Mitigation Board to Boost Public Trust

      Military Troops in Action

      Banditry: Troops rescue 6 victims, recover rustled cattle in Kebbi

      Police Nab Dreaded Cult Leader Linked to Murders, Abductions in Anambra

      Troops helping the rescued civilians to the military truck

      In Niger, 40 Women, Children Rescued from Boko Haram After Months…

      Nigerian Navy's newest landing ship tank launched in Sharjah, UAE.

      From Lake Chad to the Atlantic: The Nigerian Navy’s Rise as…

  • Features
    • Nigerian Navy's newest landing ship tank launched in Sharjah, UAE.

      From Lake Chad to the Atlantic: The Nigerian Navy’s Rise as…

      What Life Really Looks Like for Nigerians Battling Sickle Cell, By…

      Shittu Yunus Shittu

      Can Nigeria Lead Africa’s AI Revolution? By Shittu Yunus Shittu

      162 years of the Nigerian Army celebrations

      The First Shot and the Long March: Reflections on 162 Years…

      From SDP to ADA to ADC: Can the New Opposition Coalition…

  • State
    • Military Troops in Action

      Banditry: Troops rescue 6 victims, recover rustled cattle in Kebbi

      Bar Everestus Ugwuowo Suspended from Legal Practice for Five Years Over…

      NPF Champions Regional Security Collaboration as IGP Attends 13th AFRIPOL Meeting…

      NDLEA Logo

      NDLEA Destroys Cannabis Farms, Seizes 345kg of Drugs, Arrests 37 Suspects…

      NAF Airstrikes, NAF Air, NAF jets

      Scores of Terrorists Eliminated as NAF Bombs Boko Haram Camps in…

  • Event
    • Asiwaju Adegboyega Solomon Awomolo

      47 Years of Excellence: Honoring Asiwaju Awomolo, SAN

      NCoS inmates

      58 Inmates in Kano Sit for 2025 NECO Exams, Thanks to…

      Troops of the Nigerian Army giving a salute

      162nd Anniversary: Tinubu Salutes Nigerian Army, Hails Troops as Guardians of…

      President & Chairman of Governing Council, Dr. Ike Neliaku

      NIPR Lauds Nigerian PR Firms for Outstanding Performances at 2025 SABRE…

      SCN NGO signs partnership with PRNIGERIA

      SCN NGO Seals Partnership with PRNigeria to Amplify its Humanitarian Projects

    • PR Nigeria Award
  • E-Paper
Home General How Tax Reform Bill Will Curb Poverty, Empower Nigerians – Oyedele
  • General

How Tax Reform Bill Will Curb Poverty, Empower Nigerians – Oyedele

By
Prnigeria
-
April 17, 2025
taiwo oyedele

 

The Presidential Fiscal Policy and Tax Reforms Committee says the proposed Tax Reform Bill will play a significant role in reducing poverty and empowering everyday Nigerians, particularly low-income earners and small business owners.

Speaking at the Spokespersons’ Summit organised by the Nigerian Institute of Public Relations (NIPR) in Abuja, the committee chairman, Mr. Taiwo Oyedele, highlighted key provisions in the bill aimed at easing the financial burden on vulnerable groups.

According to Oyedele, the reform bill exempts low-income earners from Personal Income Tax (PAYE) and removes Value Added Tax (VAT) from essential goods and services such as food, healthcare, and education. Additionally, small businesses will benefit from a zero percent Corporate Income Tax (CIT) rate.

“These reforms are designed to support wealth creation and enable Nigerians to thrive. Our aim is to ensure people succeed first, and then pay taxes once they have the means,” Oyedele said.

He acknowledged the initial resistance and misconceptions surrounding the bill, noting that taxation is often unpopular among citizens, especially when they see little evidence of how tax revenues are used to improve their lives.

“Our approach was to identify the root of the problems using data, and then develop homegrown solutions tailored for Nigerians,” he explained. “That’s exactly what we’ve done, and the bill is now at the final stages, awaiting the President’s assent.”

Read Also:

  • NAF Inaugurates Civilian Harm Mitigation Board to Boost Public Trust
  • China Backs Nigeria’s Anti-Cybercrime War, Cautions Citizens Against Internet Fraud
  • JAMB, Stakeholders Approve 150 as Minimum Score for Varsity Entry, 100 for Polytechnics, Colleges

Oyedele expressed optimism that the reforms, once implemented, would have a noticeable impact on the lives of ordinary Nigerians. He praised NIPR for convening the summit and encouraging open dialogue on government policies.

Also speaking at the event, NIPR President and Chairman of Council, Dr. Ike Neliaku, stressed the importance of strategic communication in policy formulation. He said that professional communicators play a vital role in explaining complex government policies to the public and ensuring their successful implementation.

“Every policy must have a communication plan—answering the what, when, how, and where. It’s the job of trained experts, not quacks, to translate government intentions into messages that resonate with the people,” Neliaku said.

He noted that poor communication had led to misunderstanding around the tax reform bill and allowed “mischief-makers” to misinform the public. As a result, NIPR and its partners are working with the government to develop a national tax communication strategy, alongside similar initiatives in climate action and science communication.

while commenting, Dr. Nkechi Ali-Balogun, a Fellow of the institute, called for a gender-sensitive approach to taxation. She advocated for tax exemptions for women, particularly single mothers and female breadwinners, to better support their families.

Ali-Balogun commended the summit for creating awareness and deepening understanding of critical national issues.

by PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Taiwo Oyedele
Previous articleArmy Expresses Concern as Only 200 Youth Register for Recruitment in South-East 
Next article“Starve Terrorists of Publicity” — FG Urges Media  
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

China Backs Nigeria’s Anti-Cybercrime War, Cautions Citizens Against Internet Fraud

Official_JAMB_logo

JAMB, Stakeholders Approve 150 as Minimum Score for Varsity Entry, 100 for Polytechnics, Colleges

Military Troops in Action

Banditry: Troops rescue 6 victims, recover rustled cattle in Kebbi

Bar Everestus Ugwuowo Suspended from Legal Practice for Five Years Over N29m Property Scam

Troops helping the rescued civilians to the military truck

In Niger, 40 Women, Children Rescued from Boko Haram After Months in Captivity

ASUU

“No Pay, No Work”: ASUU Orders Members to Commence Nationwide Strike

Police Officer

Police Bust Kidnapping, Cult Gangs, Arrest 8 Suspects, Recover Weapons

NDLEA Logo

NDLEA Destroys Cannabis Farms, Seizes 345kg of Drugs, Arrests 37 Suspects in Edo

PRNigeria logo fearured image

Group Condemns Amaechi’s Comment as Inciteful, Dangerous

NAF Airstrikes, NAF Air, NAF jets

Scores of Terrorists Eliminated as NAF Bombs Boko Haram Camps in Mandara Mountains

Troops of Operation FANSAN YANMA

Troops Foil Coordinated Bandits Attacks, Rescue Kidnap Victims in Katsina

The suspected notorious Militia member

Troops Nab Notorious Militia, Recover Weapons in Plateau State

Recent Posts

  • NAF Inaugurates Civilian Harm Mitigation Board to Boost Public Trust
  • China Backs Nigeria’s Anti-Cybercrime War, Cautions Citizens Against Internet Fraud
  • JAMB, Stakeholders Approve 150 as Minimum Score for Varsity Entry, 100 for Polytechnics, Colleges
  • Banditry: Troops rescue 6 victims, recover rustled cattle in Kebbi
  • Police Nab Dreaded Cult Leader Linked to Murders, Abductions in Anambra
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NAF Inaugurates Civilian Harm Mitigation Board to Boost Public TrustChina Backs Nigeria’s Anti-Cybercrime War, Cautions Citizens Against Internet FraudJAMB, Stakeholders Approve 150 as Minimum Score for Varsity Entry, 100 for Polytechnics, CollegesBanditry: Troops rescue 6 victims, recover rustled cattle in KebbiPolice Nab Dreaded Cult Leader Linked to Murders, Abductions in AnambraBar Everestus Ugwuowo Suspended from Legal Practice for Five Years Over N29m Property ScamIn Niger, 40 Women, Children Rescued from Boko Haram After Months in Captivity"No Pay, No Work": ASUU Orders Members to Commence Nationwide StrikeFrom Lake Chad to the Atlantic: The Nigerian Navy’s Rise as a Force for National and Continental Stability By Musa IlallahNPF Champions Regional Security Collaboration as IGP Attends 13th AFRIPOL Meeting in AlgeriaNigeria Customs Takes Anti-Money Laundering Fight to the SkiesWhat Life Really Looks Like for Nigerians Battling Sickle Cell, By Hafsat IbrahimPolice Bust Kidnapping, Cult Gangs, Arrest 8 Suspects, Recover WeaponsNDLEA Destroys Cannabis Farms, Seizes 345kg of Drugs, Arrests 37 Suspects in EdoGroup Condemns Amaechi’s Comment as Inciteful, Dangerous
X whatsapp