He attributed the revenue growth to fiscal reforms, among others.
Mr Oyedele added that those earning N100,000 or below would receive further support through VAT relief on essential items.
“Any taxable entity without a tax ID may have difficulty running their bank account in the near future,” Mr Oyedele stated.
“If you’re a low-income earner, your tax will be lower, and if you’re a high-income earner, your tax will go up,” Mr Oyedele said.
Oyedele will headline the event as the keynote speaker as part of stakeholder engagement before the implementation of the new tax laws from January 2026.
“That’s what they do for a living. The vast majority of them, 90 per cent of them, are selling tax evasion for a living,” Mr Oyedele said.
Mr Adedeji said, “Our collective posture should be one of readiness to listen, adapt and deliver.’’
The government further said the five per cent tax on fuel is a global best practice obtainable in other developed countries.
He stressed that fiscal policies must go beyond revenue mobilisation to influence healthy behaviours.
The new tax laws will take effect from January 2026.
