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Tinubu hails tax czar Taiwo Oyedele on 50th birthday

Tinubu hails tax czar Taiwo Oyedele on 50th birthday

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By Muhyideen Jimoh

President Bola Tinubu on Wednesday congratulated Mr Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms on his 50th birthday.

In a statement signed by his spokesperson, Mr Bayo Onanuga, the President described the tax expert as a trailblazer.

He also described the accomplished accountant and economist as someone who exemplifies excellence, resilience, and innovation in both public and private service.

Tinubu highlighted Oyedele’s inspiring journey from humble beginnings in Ikare-Akoko, Ondo State, to academic and professional distinction at top global institutions such as the London School of Economics, Yale University, and Harvard Kennedy School.

He noted that Oyedele had demonstrated merit, discipline, and integrity which were the foundations of genuine achievement.

“When I inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms on August 8, 2023, I tasked the committee under his chairmanship with a bold mission to reform Nigeria’s tax and fiscal landscape.

“I urged him to raise our tax-to-GDP ratio to 18 per cent within three years, and make the business environment more attractive.

“Although, I am awaiting the harmonised four tax bills for assent, indications are that the reforms will enable us to reach our targeted tax-to-GDP ratio, which has already risen from 10 per cent to more than 13.5 per cent” he said.

The president commended the former Africa Tax Leader at PwC for his pivotal role in championing a fairer, simpler, and more growth-oriented tax system for Nigeria.

He also appreciated Oyedele’s efforts to streamline taxation, provide relief for low-income households, and ensure that Nigeria’s fiscal policies promote inclusive economic growth.

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As Oyedele marks his golden jubilee, Tinubu said he looks forward to his continued contributions to academia and to mentoring the next generation of leaders through youth empowerment initiatives.

The president prayed that God grants Oyedele continued strength, wisdom, and fulfillment as he continues his dedicated service to Nigeria and humanity.

The News Agency of Nigeria (NAN) reports that Oyedele was born on June 18, 1975, in Ikare-Akoko, Ondo State.

He was appointed Chairman Tinubu’s Committee on Fiscal Policy and Tax Reforms on Aug. 8, 2023 and had been in the forefront of efforts to revamp Nigeria’s tax system. (NAN)

Edited by Ese E. Eniola Williams

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