As the Federal Executive Council approves the full reconstruction of a colonial-era crossing and greenlights a 68-kilometre rail spine through Lekki, the city faces its most disruptive — and potentially most transformative — infrastructure moment in a generation. By Nkanu Egbe For more than a century, the Carter Bridge has borne the weight of Lagos Read More…
Tag: Taiwo Oyedele
Tinubu’s fiscal jigsaw: Edun out, Oyedele in—Hoping new piece fits the tax-ing puzzle!
By Nkanu Egbe In a surprise move just days after the IMF’s Spring Meetings delivered stark warnings on Nigeria’s fiscal woes, President Bola Tinubu on April 21, 2026, executed a targeted cabinet reshuffle, sacking Wale Edun as Minister of Finance and Coordinating Minister of the Economy. Stepping into the hot seat is Taiwo Oyedele, the Read More…
RMAFC position on VAT sharing formula sparks debate
The debate surrounding Nigeria’s Value Added Tax (VAT) sharing formula has deepened following the recent clarification by Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. In a press statement, Oyedele responded to the Revenue Mobilisation Allocation and Fiscal Commission’s (RMAFC) position on the proposed VAT distribution formula, emphasizing the need for Read More…