Taiwo Oyedele, minister of state for finance-designate, says at least 12 states have enacted the tax harmonisation law.
The tax harmonisation law is part of the broader tax reform agenda introduced by the administration of President Bola Tinubu.
On January 1, the president said harmonised tax laws will boost the federal government’s capacity to fund infrastructure projects.
According to NAN, Oyedele spoke on Wednesday in Abuja during the graduation ceremony of 5,900 young entrepreneurs trained by the MTN Foundation on entrepreneurship, business and innovation.
He said 13 other states have already presented the proposed law before their respective state houses of assembly for consideration, while others are at different stages of implementing the reforms.
The minister-designate added that the tax reforms initiated by President Bola Tinubu are designed to modernise Nigeria’s fiscal framework, support business growth, protect vulnerable groups and reset the country’s economic structure.
Oyedele said the states tax harmonisation law seeks to eliminate nuisance taxes and prevent harassment of citizens under any guise.
He added that the law will simplify the tax system, protect taxpayers’ rights and address unfair tax treatment.
“Transparency, fiscal discipline, responsibility and accountability remain critical pillars of an effective tax system,” he said.
On June 26, 2025, Tinubu signed the four tax reform bills into law.
The president said the reforms are not about raising taxes, but about creating a structural reset, driving harmonisation and strengthening the social contract. (TheCable)
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