Tinubu can’t unilaterally suspend tax law, Oyedele insists as lawyers push back
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says President Bola Tinubu and the executive arm have no constitutional power to suspend implementation of the new tax reform laws despite the controversy over alleged alterations. He argued that once a bill has been duly passed by the National Assembly, signed by the president and gazetted, it becomes an Act that can only be amended or repealed by parliament, not frozen by executive order. Oyedele also clarified that the reforms comprise four separate tax laws, two of which came into effect immediately upon assent, while the remaining two are scheduled to commence on January 1, 2026. He maintained that the disputed “multiple tax” regulations circulating online are fake and urged Nigerians to allow lawmakers conclude their investigation into alleged errors in the gazetted texts. However, several senior […]