12 states have enacted tax reforms law – Taiwo Oyedele

Minister of State for Finance designate, Taiwo Oyedele, has said astatine slightest 12 sates person enacted the Tax Harmonisation Law, a cardinal constituent of the Federal Government’s taxation betterment initiatives,

Oyedele made this known connected Wednesday during a graduation ceremonial for the MTN Foundation’s Young Innovators and Entrepreneurs Training Initiative held astatine the Continental Hotel successful Abuja.

He noted that an further 13 states person already tabled the instrumentality earlier their State Houses of Assembly for consideration, portion others are astatine assorted stages of implementation.

He highlighted the overarching goals of President Tinubu’s taxation reforms: modernizing Nigeria’s fiscal model to alteration businesses to thrive, support susceptible populations, and thrust economical transformation.

DAILY POST reports that Nigeria’s 2026 taxation reforms, signed successful June 2025, present a broad overhaul, featuring a ₦800,000 yearly tax-free threshold for individuals, a 20% rent deduction, and 0% VAT connected essentials

12 states person enacted taxation reforms instrumentality – Taiwo Oyedele