President Bola Tinubu, yesterday, received the Minister of State for Finance-designate, Taiwo Oyedele, at the State House, Abuja, in a move seen as reinforcing the administration’s drive to deepen fiscal and tax reforms to strengthen the economy.
Oyedele’s visit marked his first official audience with the President since his designation as minister, coming at a time when the Federal Government is intensifying efforts to expand revenue generation and improve the efficiency of public finance management.
Sources familiar with the discussions said the meeting provided an opportunity for both men to review the government’s ongoing fiscal reform agenda and exchange views on strategies to strengthen Nigeria’s revenue framework.
The talks were also understood to have centred on improving tax administration, widening the country’s tax base, and ensuring more efficient mobilisation of government revenues in support of economic stability and development.
Before his appointment, Oyedele had been actively involved in policy engagements with the President and senior government officials on tax reforms, fiscal policy and broader economic initiatives.
He served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, a body set up by President Tinubu’s administration to overhaul Nigeria’s tax system and harmonise the country’s tax laws.
The committee produced a set of consolidated tax reform proposals aimed at simplifying the tax regime, eliminating multiple taxation and boosting revenue collection across federal, state and local government levels.
As Minister of State for Finance, Oyedele is expected to work closely with the leadership of the Federal Ministry of Finance to drive the implementation of the reforms and support policies designed to enhance fiscal discipline, increase non-oil revenues and improve transparency in public finance management.
His appointment comes as President Tinubu’s administration continues to pursue wide-ranging economic reforms intended to stabilise the economy, strengthen government finances and build a more sustainable fiscal structure capable of supporting long-term national development.
