In a post on X on Monday, Oyedele said he received feedback from workers who received their January 2026 salaries, indicating that the new tax framework is already easing the tax burden for many employees—especially those whose income taxes are deducted directly by their employers.
“We are pleased to note the feedback from workers who have received their salaries for January 2026 and confirmed a reduction in their PAYE tax, resulting in higher take-home pay under the new tax laws,” Oyedele said.
He emphasized that the reforms are particularly beneficial to employees who pay income tax through employer deductions.
What the New Tax Framework Means
The federal government recently began implementing a tax reform framework anchored on the Nigerian Tax Act and the Nigerian Tax Administration Act. The reforms aim to simplify the tax system, reduce multiple taxation, and promote fairness across different income groups.
Oyedele had previously stated that about 98% of Nigerian workers will either pay no PAYE tax or lower taxes under the new system. He also highlighted that around 97% of small businesses will be exempt from corporate income tax, value-added tax (VAT), and withholding tax, while large companies will also see reduced tax liabilities.
Reassuring the Public Amid Concerns
Despite public concerns and criticism surrounding the reforms, Oyedele has maintained that the changes are designed to ensure Nigerians pay less tax overall, while improving compliance and efficiency in the tax system.
The early reports of higher take-home pay are seen as a promising sign that the reforms may be delivering on their intended goals.