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Oyedele unveils Tax Ombud website, digital portal to strengthen taxpayer protection

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The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Monday unveiled the official website, toll-free call centre and digital case management portal of the Office of the Tax Ombud, describing the platforms as part of efforts to build a fairer, more transparent and taxpayer-friendly tax system in Nigeria.

Speaking during the unveiling ceremony in Abuja, Mr Oyedele said the initiative reflects the government’s broader fiscal reform agenda focused on improving taxpayer confidence, simplifying tax administration and strengthening accountability within the revenue system.

The minister said that disputes are inevitable in any tax system, but what matters is the availability of credible and accessible mechanisms to resolve them.

“The modern tax system must be built not only on efficient revenue collection, but also on fairness, accountability, transparency, and trust,” Mr Oyedele said.

He added that, “Taxpayers must have confidence that when disputes arise, because they always arise, they will be heard fairly, treated respectfully, and provided with accessible and affordable timely resolution mechanisms.”

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According to him, the establishment of the Office of the Tax Ombud aligns with ongoing tax reforms aimed at reducing arbitrariness, protecting taxpayer rights, encouraging voluntary compliance and creating a globally competitive fiscal system.

He said the digital platforms being unveiled represent “a new era in tax administration,” in which taxpayers are treated as partners in national development rather than adversaries.

“With these few words of mine, but with great excitement for the journey ahead of us, I hereby unveil the official website of the Office of the Tax Ombud, along with the toll-free centre and case management portal,” he said.

In his remarks, the Chief Executive Officer of the Tax Ombud, John Nwabueze, described the launch as a major institutional reform aimed at strengthening fairness, transparency, and public trust in Nigeria’s tax administration.

Mr Nwabueze said the office was established under the Joint Revenue Board of Nigeria Establishment Act 2025 to serve as an independent and impartial institution for resolving taxpayer complaints and disputes.

“The Office of the Tax Ombud was therefore created as an independent and impartial institution to provide taxpayers with accessible, timely and cost-effective mechanisms for addressing complaints, resolving disputes and promoting voluntary tax compliance,” he said.

According to him, the office will serve as a bridge between taxpayers and revenue authorities through conciliation, stakeholder engagement, and alternative dispute-resolution mechanisms to reduce prolonged litigation.

He added that the newly launched digital systems would allow taxpayers to submit complaints online, track cases in real time, access tax guidance, and communicate directly with trained support personnel through the call centre.

“Today is more than a technology launch. It is the acquisition of a renewed public service architecture designed around accessibility, responsiveness and citizens’ confidence,” he stated.

Mr Nwabueze also praised President Bola Tinubu’s administration for pushing institutional tax reforms and acknowledged Mr Oyedele’s role in driving the initiative.

“The Office of the Tax Ombud is the Honourable Minister’s baby,” he said.

Also speaking at the event, the Minister of Information and National Orientation, Mohammed Idris, said there was a need for stronger public awareness of the role of the Tax Ombud and the broader objectives of the government’s economic reforms.

Mr Idris said many Nigerians still do not fully understand the purpose of the ongoing reforms being implemented under President Tinubu’s administration.

“At the time that President Bola Tinubu has embarked on enormous reforms to reposition this country on the path to sustainable progress and development, it is important for all of us to know what these reforms entail and which direction we are going,” he said.

READ ALSO: Oyedele pledges to transform economic reforms into tangible benefits for Nigerians

The minister argued that recent economic indicators suggest the reforms are beginning to yield results, citing improvements in government revenue, inflation trends and rising investor interest in Nigeria.

He also pledged that the Ministry of Information and National Orientation would continue supporting public awareness efforts around the reforms and the work of the Tax Ombud.


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Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million

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BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than 1.5 million shares in the insurance company in a deal valued at over ₦6.3 million.

The disclosure, signed by Jide Ibitayo, Company Secretary, filed with the Nigerian Exchange (NGX) and the investing public, showed that Ogunbiyi, a Non-Executive Director of the company, disposed of 1,507,309 ordinary shares of Mutual Benefits Assurance Plc between June 3 and June 9, 2026.

According to the notification, the shares were sold at prices ranging from ₦4.20 to ₦4.33 per share, placing the total value of the transaction at between ₦6.33 million and ₦6.53 million.

The transaction was reported as an initial notification of insider dealing in line with regulatory requirements that mandate directors and other insiders of listed companies to disclose transactions involving the securities of their companies.

Mutual Benefits Assurance identified the financial instrument involved in the transaction as its ordinary shares, traded on the Nigerian Exchange under the ticker symbol “MBENEFIT.”
Insider dealing notifications are a key component of market transparency and corporate governance, providing investors with information on share transactions undertaken by directors, executives, and other individuals with access to potentially price-sensitive information.

While insider transactions often attract investor attention, market analysts note that such dealings do not necessarily indicate changes in a company’s outlook, as they may be influenced by personal investment decisions, portfolio rebalancing, or other financial considerations.

The disclosed transaction took place in Lagos, Nigeria, and was executed over a seven-day period between June 3 and June 9, 2026.

Mutual Benefits Assurance Plc remains one of the companies listed on the Nigerian Exchange that regularly complies with insider dealing disclosure requirements, reinforcing transparency in the capital market.

The post Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million appeared first on Business Today NG.

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FG debunks claims of plans to introduce telecoms, fuel taxes

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The Federal Government has dismissed reports suggesting it plans to introduce new taxes on telecommunications services and petroleum products, saying the claims are false and misleading.

The Federal Ministry of Finance disclosed this on Wednesday in a statement signed by Maryann Duke, senior special assistant on communications and press secretary to the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele.

It said the reports, which linked the proposed taxes to the International Monetary Fund (IMF) Article IV Consultation on Nigeria, do not reflect its position.

According to the government, the recommendations contained in the IMF report are advisory and do not constitute policy decisions or binding actions for Nigeria.

“The Federal Government is not considering the introduction of any new taxes on telecommunications services or petroleum products,” the statement said.

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Fuel tax rules remain unchanged.

The government also clarified that existing tax arrangements on petroleum products remain in place.

It said the Value Added Tax (VAT) waiver on fuel has not been removed and is still active.

It also explained that any fuel surcharge can only take effect through a ministerial order published in the Official Gazette, adding that no such action is being considered.

According to the statement, the current arrangements have helped cushion the impact of global fuel price changes on Nigerian households and businesses.

READ ALSO: NRS launches Rev360 to ease tax compliance

Telecoms excise duty

On telecommunications, the government said the excise duty introduced before 2023 has already been repealed under the new tax laws.

It added that the tax is, therefore, no longer in force.

The ministry urged Nigerians, media organisations and businesses to disregard claims about new telecoms and fuel taxes.

It said Nigeria’s tax policy remains focused on improving revenue collection, supporting economic growth, and attracting investment, rather than increasing the tax burden on citizens.

The ministry added that any future tax changes would be communicated through official channels and implemented strictly in line with due process.

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