Taiwo Oyedele chaired the committee. Recommendations form the basis of the 2024 tax reform bills (Nigeria Tax Bill, Nigeria Tax Administration Bill, Joint Revenue Board Bill, NRS Bill) transmitted to NASS October 2024.
Tinubu2024· Fate: Bills before NASS· Chapter II · Law
Presidential Committee on Fiscal Policy and Tax Reforms
Chair: Taiwo Oyedele. Basis of the 2024 tax reform bills overhauling VAT distribution, PIT bands and corporate taxation.
Sources
- · Presidential Committee on Fiscal Policy and Tax Reforms Final Report (2024)
What it cost — political & economic reality
The political and economic reality
Nigeria in 2024: who was in charge, the cabinet of the day, the GDP, and the crises that defined the period.
President · Fourth Republic
Sen. Bola Ahmed Tinubu
2023–present· APC
National reality
Fuel subsidy removed at inauguration (29 May 2023); naira floated June 2023. Inflation at multi-decade highs (>30% YoY in 2024). Student loan scheme (NELFUND) launched 2024. WAEC torchlight exam controversy (2025).
Crises of the period
- Cost-of-living crisis 2023–25
- WAEC torchlight examinations (2025)
- JAMB CBT technical failures (2025)
- Naira free-fall 2023–24
GDP (World Bank)
≈ $363 bn (2023, post-float)
Cabinet (selected portfolios)
- Finance
Wale Edun (Coordinating Minister of the Economy)
- Justice (AGF)
Lateef Fagbemi (SAN)
- Education
Tahir Mamman (2023–24); Tunji Alausa (2024– )
Source: Federal Gazette 2023– ; CBN; NBS
Methodology
Tier 1 · primary
Courts. Gazettes. National archives.
Tier 2 · corroborating
OCCRP. HRW. BudgIT. TheCable.
Redline
Wikipedia is never a source.