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Nigerians curse me, my family over tax reform Bills Oyedele laments
The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that some Nigerians rain curses on him and his family over the tax reform bills.
Oyedele spoke during an event for the presentation of the report of a technical committee set up by the League of Northern Democrats (LND) to review the controversial tax reform bills on Thursday in Abuja.
He however said he was not deterred by the vitriol as his assignment was a public service to bring economic change to the country.
Daily Trust reports that the tax reform bills have generated heated debates across the country, with the majority of the push backs coming from the North.
Many governors and some leaders from the region contested that the tax reform bills, which also led to open confrontations in both chambers of the National Assembly, were meant to favour Lagos State and other narrow interests, as well as to shortchange the North.
Oyedele stated that the recommendations made by his committee on tax reform were not influenced by anyone as it came through robust discussions and engagements to revolutionise the tax system in the country.
“Even on social media, you need to see the number of people cursing me and my family. I don’t take it personally. I just go through and say is there any useful comment that we can work on? We pick it and we work on it. It’s public service. You’re not meant to be appreciated and praised every time. It doesn’t happen anywhere in the world.
“Public service is public service. You are accountable to the people and you must take that very seriously. So our approach to this is that some Nigerians were asked to do this for our country and I had the privilege of leading that team and we did our best but we’re not in any way suggesting that our best is the best for Nigeria.
“You cannot have more than 200 million people and you then assume that about 100 people are the smartest. You know that that would be arrogance at a different level. So this engagement helped us to even improve the quality of what we have done.
“I’ve said this in a number of fora and I’ll say it again. There’s not a single person in the world, not World Bank, not IMF, not United Nations, not Mr President, not any governor, not any minister, past or present, not president, past or present, no one dictated anything to us. Every single thing you see in all those bills were the outcome of debates by the committee that is representative nationally.
“We have people from all the geo-political zones. We have more than 20 government institutions. We have all manner of engagement, including with people with disability. But we know that engagements will never end. In fact, if the bills are passed, it doesn’t mean that we should stop engaging. We should continue.”
While reiterating that there are no perfect laws even when they have been enacted, he said engagements would give feedback on how it’s been implemented and the areas needed to further improve on.
“So, I’m eagerly looking forward to the outcome of this event today and I can give you one assurance. Every single point you send to us will be carefully considered and we’ll get back to you with our own explanations. So once we have superior reasoning and superior arguments, we bow to it very quickly because we have no agenda other than the agenda for Nigeria,” he added.
The Inspector-General of Police, Kayode Egbetokun, the Nigeria Police Force has directed his men to resume the issuance of tinted glass permits across the country.
This development was announced in a statement released on Wednesday by the Force Public Relations Officer, Olumuyiwa Adejobi.
According to the Force spokesperson, the move comes in response to rising concerns and complaints from the public over the harassment of vehicle owners by law enforcement agents for using factory-fitted tinted windows.
“The Nigeria Police Force, under the directive of the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has reactivated the issuance of Tinted Glass Permits (TGP) nationwide through a secure and user-friendly digital platform.
“This initiative comes in response to widespread public complaints about the harassment of motorists over the use of tinted windows and reflects the need for a clear, transparent, and accountable process for regularising factory-fitted tinted glass on vehicles”, the statement partly read.
Highlighting the prevalence of modern vehicles designed with tinted windows for comfort and aesthetics, the police emphasised the importance of having a formal system to regulate usage.
“With modern automobiles increasingly manufactured with tinted windows, it has become essential to provide a standardised system that accommodates legitimate use while ensuring public safety.
“Tinted vehicles have often been exploited for criminal purposes, including kidnapping, armed robbery, ‘one-chance’ scams, and other forms of banditry”, Adejobi explained.
According to the statement, the abuse of tinted windows by criminals creates operational challenges for law enforcement and compromises national security.
In addition, he explained that law enforcement will begin active implementation after the grace period, and the police warn that officers who misuse the enforcement process will be sanctioned.
“Enforcement will commence at the end of this period. Officers found engaging in unprofessional conduct, such as extortion or harassment, in the course of enforcement will be decisively dealt with in accordance with extant disciplinary procedures”, he said.
By Gloria Ikibah
The Central Bank of Nigeria (CBN) has announced a revised documentation requirement for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria.
This was disclosed in a statement issued by the apex bank’s acting Director, Corporate Communications, Mrs. Hakama Sidi Ali
The CBN said the new initiative is part of its ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency for Nigerians engaging in cross-border payments within Africa.
Launched by Afreximbank in partnership with the African Union and the African Continental Free Trade Area (AfCFTA) secretariat in January 2022, PAPSS serves as a centralized payment and settlement platform that enables instant, secure, and efficient cross-border transactions throughout Africa.
By facilitating payments in local currencies, PAPSS minimizes reliance on third-party currencies, reduces transaction costs, and supports the rapid expansion of trade under the AfCFTA.
In a recent circular referenced TED/FEM/PUB/FPC/001/006 issued on April 28, 2025, CBN outlined the key changes to the documentation requirements associated with PAPSS transactions.
The key changes it added take effect immediately and include simplified documentation for low-value transactions, which allows customers to now use basic KYC and AML documents provided to their authorized dealer banks for low-value transactions of up to $2,000 and $5,000 equivalent in naira for individuals and corporate bodies, respectively.
“For transactions above the thresholds, all documentation as stipulated in the CBN foreign exchange manual and related circulars remains mandatory,” the bank said.
Also, the CBN added that applicants are responsible for ensuring all regulatory documents are available to facilitate the clearance of goods, as required by relevant government agencies.
“Authorized dealer banks may now source foreign exchange for PAPSS settlements through the Nigerian foreign exchange market, without recourse to the CBN.
“All export proceeds repatriated via PAPSS shall be certified by the relevant processing banks.
“The Central Bank of Nigeria urges all banks to adopt PAPSS and commence originating transactions in line with this new policy.
“In addition, CBN encourages exporters, importers, and individuals to familiarize themselves with the new requirements and leverage PAPSS for cross-border transactions within Africa,” the statement said.
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