₦airaland Forum

MarketDispatch:
Nigeria does not deserve a tax man who's tax law is only to collect but no benefits to the citizenry. In saner climes, tax credits are given to children, tax credits are given to senior citizens, low income families etc .

MaKenz:
Only you make policy, only you understand the policy, even professional bodies misunderstand your policy. Na only you waka come?

Kukutente23:
Even you are spreading fake news
The threshold is 800k which translates to roughly less than 70k per month yet you claim those who earn 100k per month (1.2m per year) will be exempted from tax.
The govt would start by dealing with zombies

DatNiggaDaz:


This Olawale guy is a product of Oluwole certificate just like his employer. A stauch ally of a fake certificate holder crooked to the core, a strategist of Ojuelegba economics which has plunged the Nation into an economic disaster.

A fake certificate holder and his Lagos kitchen cabinet of questionable certificates holders must be disgraced out of their snatched mandate if the country is to experience any form of progress and development

DatNiggaDaz:


This Olawale guy is a product of Oluwole certificate just like his employer. A stauch ally of a fake certificate holder crooked to the core, a strategist of Ojuelegba economics which has plunged the Nation into an economic disaster.

A fake certificate holder and his Lagos kitchen cabinet of questionable certificates holders must be disgraced out of their snatched mandate if the country is to experience any form of progress and development

Chidibe212:
Dem don dey open their nyash. Imagine KPMG calling your ojoro tax out

DelilahMakinde:
I can summarize it tho

FG. and Oyedele want to debit 141 million Nigerians into poverty

aribisala0:
Federal Government does not tax individuals
All personal income tax goes to the State where you live

DelilahMakinde:
Noted

But debit is inevitable.

DeLaRue:
What a brilliant riposte.

KPMG were very unprofessional in their analysis, and are probably just bitter that the leader of PricewaterhouseCoopers Nigeria, Mr Taiwo Oyedele, was appointed to chair the Presidential Tax Committee.

For those not aware, there are 4 international auditing companies known globally as 'the big 4', i.e, the 4 largest audit companies in the world.

They are Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG.

As an alumni of one these firms abroad myself, there was always mild rivalry. At times, 2 or more of the big 4 would chase the same client, and after several months of hard work, inevitably only one of the firms won the client's work. When my firm won, we celebrated (mildly) particularly if it was a big client. When we lose, the mood in the team was slightly down for a day or so, but we took any loss on the chin. Overall, it was a decent professional rivalry amongst the big 4. Nothing insidious.

All the big 4 firms have large offices in Nigeria. But trust Nigerians, what is mild professional competition abroad is being turned into an unprofessional, gutter, insidious open fight by KPMG.

There is no way in the world that KPMG Netherlands would openly write to criticise work done by another big 4 firm in the manner that KPMG Nigeria did, particularly as the write up is shoddy, unsubstantiated, and only targeted at discrediting Mr Oyedele, and indirectly, PricewaterhouseCoopers.

Very unprofessional of KPMG.

Konquest:
Don't put words in my mouth.

I stated CLEARLY that those who earn less than N100,000 monthly over there in Nigeria would be exempt from PAYE. That's NOT fake news but directly from the mouth of Taiwo Oyedele himself in his brilliant podcasts and media interviews I have gleaned online! This is a very important reform for those with open minds in Nigeria and in the Nigerian Diaspora who know the importance of paying taxes and the new Tax Reforms which have CLEARLY removed the burden of multiple taxations on the citizens. Period.

aribisala0:
What does that mean

DeLaRue:
What a brilliant riposte.

KPMG were very unprofessional in their analysis, and are probably just bitter that the leader of PricewaterhouseCoopers Nigeria, Mr Taiwo Oyedele, was appointed to chair the Presidential Tax Committee.

For those not aware, there are 4 international accounting/auditing companies known globally as 'the big 4', i.e, the 4 largest auditing companies in the world.

They are Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG. KPMG is the smallest of the 4.

As an alumni of one these firms abroad myself, there was always mild rivalry. At times, 2 or more of the big 4 would chase the same client, and after several months of hard work, inevitably only one of the firms won the client's work. When my firm won, we celebrated (mildly) particularly if it was a big client. When we lose, the mood in the team was slightly down for a day or so, but we took any loss on the chin. Overall, it was a decent professional rivalry amongst the big 4. Nothing insidious.

All the big 4 firms have large offices in Nigeria. But trust Nigerians, what is mild professional competition abroad is being turned into an unprofessional, gutter, malicious, and insidious open fight by KPMG.

There is no way in the world that KPMG Netherlands would openly write to criticise work done by another big 4 firm on a highly political topic, in the manner that KPMG Nigeria did, particularly as the write up was shoddy, misleading, and only targeted at discrediting Mr Oyedele, and indirectly, PricewaterhouseCoopers.

Very unprofessional of KPMG.

DelilahMakinde:
It means that where the money is going or wherever we think it's going is secondary.

The primary thing is that you will still be taxed under a policy where even professional finance consultants are just as confused as the general public.

aribisala0:
You made a claim
It is false
That matters
You lied
That matters
Are you not supposed to be taxed

DeLaRue:
What a brilliant riposte.

KPMG were very unprofessional in their analysis, and are probably just bitter that the leader of PricewaterhouseCoopers Nigeria, Mr Taiwo Oyedele, was appointed to chair the Presidential Tax Committee.

For those not aware, there are 4 international accounting/auditing companies known globally as 'the big 4', i.e, the 4 largest auditing companies in the world.

They are Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG. KPMG is the smallest of the 4.

As an alumni of one these firms abroad myself, there was always mild rivalry. At times, 2 or more of the big 4 would chase the same client, and after several months of hard work, inevitably only one of the firms won the client's work. When my firm won, we celebrated (mildly) particularly if it was a big client. When we lose, the mood in the team was slightly down for a day or so, but we took any loss on the chin. Overall, it was a decent professional rivalry amongst the big 4. Nothing insidious.

All the big 4 firms have large offices in Nigeria. But trust Nigerians, what is mild professional competition abroad is being turned into an unprofessional, gutter, malicious, and insidious open fight by KPMG.

There is no way in the world that KPMG Netherlands would openly write to criticise work done by another big 4 firm on a highly political matter as the tax law is, in the manner that KPMG Nigeria did, particularly as the write up was shoddy, misleading, and probably targeted at discrediting Mr Oyedele, and indirectly, PricewaterhouseCoopers.

Very unprofessional of KPMG. Probably explains why they remain the smallest of the big 4.

DelilahMakinde:
If you want to force tax down our throats under your confusing terms and conditions, then go ahead Mr Oyedele.

Kukutente23:
This Oyedele is the Wike of tax
Fighting everybody

aribisala0:
That is childish and emotional
You are immature

I corrected a false claim
Tax goes to the State Government not the federal government as you falsely claimed

Kukutente23:
But he never disagreed with their observation. He claimed instead that the errors were either as a result of differing opinion on policy outcomes and/or clerical errors which he claimed were already detected and being corrected internally.
Let me ask you if you were aware of the concerns raised by KPMG before they raised. I'm sure the answer is No.
Let me ask why the tax laws is being implemented with the acknowledged errors and all. I'm sure you're dumbstruck now

Putindbutt:
Mr Oyedele, Nigeria does not deserve you.

The likes of KPMG and other armchair economists predicted increase in inflation, declined GDP growth, weaker naira value, etc in 2025 but at the end of 2025, they were all disappointed.

I can't understand why wailers and Bitter Obidients who are majorly economic illiterates with little understanding of the tax laws. Most of them fall into the category of poor Nigerians which the tax reforms is aimed at protecting. Yet these average wailers are the ones crying the most on the behalf of the rich and wealthy who will be paying more.

They go about spreading misinformation about the tax law that some traders are starting to increase their prices even when no VAT are paid on food items or utilities. How can you deliberately be wicked to yourselves because of hate.

If you asked them to point out ONE new tax or increase in tax the new tax law has introduced, these wailers and Bitter Obidients would not be able to point out ANY. Yet they're crying over what will benefit the poor.

All this campaign and tears of yours will never win you elections. As you failed in 2023, you will fail again in 2027.

helinues:
Mr Tax man, all the new tax law are not perfect, take note from the flops people are pointing out

Putindbutt:
Mr Oyedele, Nigeria does not deserve you.

The likes of KPMG and other armchair economists predicted increase in inflation, declined GDP growth, weaker naira value, etc in 2025 but at the end of 2025, they were all disappointed.

I can't understand why wailers and Bitter Obidients who are majorly economic illiterates with little understanding of the tax laws. Most of them fall into the category of poor Nigerians which the tax reforms is aimed at protecting. Yet these average wailers are the ones crying the most on the behalf of the rich and wealthy who will be paying more.

They go about spreading misinformation about the tax law that some traders are starting to increase their prices even when no VAT are paid on food items or utilities. How can you deliberately be wicked to yourselves because of hate.

If you asked them to point out ONE new tax or increase in tax the new tax law has introduced, these wailers and Bitter Obidients would not be able to point out ANY. Yet they're crying over what will benefit the poor.

All this campaign and tears of yours will never win you elections. As you failed in 2023, you will fail again in 2027.

DeLaRue:
'Let me ask why the tax laws is being implemented with the acknowledged errors and all'.

But Mr Oyedele's riposte clarified that what KPMG called errors are not errors, buy intentional elements aimed at driving specific policies. And even if there are minor errors here and there in a set of tax laws covering several hundred pages, does it make sense to not implement such a gigantic set of laws because of minor errors which the National assembly can go back and correct within a few months if they deem it necessary? Also, how come the National Assembly which passed the laws have not asked for the tax laws to be suspended. Is it that you know more than them?

And what do you mean by 'and all'? What are the so-called 'and all' that are so many you couldn't mention them. Of course, the reason you couldn't mention any 'and all' is because there aren't any so-called 'and all'.

You have clearly being misled by social media, and opposition politicians who are intent on turning this into a political football for their own selfish gains. Have you asked any of the opposition parties if they will abolish the new tax law, and bring back the old tax law? Of course they will not because they know the new tax law is the right thing to do and it will benefit the whole country in the long run.

Even in the US, UK, and European countries, you can find minor typographical errors in published laws, even though it is quite rare. But those countries did not suspend the enforcement of those laws because of minor typos.

DelilahMakinde:
And I will reiterate, the destination of the funds is important but secondary.

Why is your tax policy leaving everyone scratching their heads. How many versions are out there ?
And which versions do you want implemented ?

I'm asking as a concerned citizen.