{"id":96405,"date":"2023-09-29T11:19:31","date_gmt":"2023-09-29T10:19:31","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs"},"modified":"2023-09-29T13:57:38","modified_gmt":"2023-09-29T12:57:38","slug":"presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs","title":{"rendered":"Presidential Tax Reforms Committee Chairman Oyedele speaks on N5bn funds from FIRS"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has clarified the payment of N5 billion to the Joint Tax Board from the Federal Inland Revenue Service.<\/p>\n

Oyedele, in a statement through his official X handle, ensured that funds were intact and would be spent transparently for the country\u2019s good.<\/p>\n

His clarification comes following a report that N11 billion was allegedly paid into the account of JTB and contractors upon the exit of former FIRS Chairman Muhammad Nami.<\/p>\n

But, Oyedele explained that the payment of over N4 billion to the JTB account by FIRS was to finance the Committee\u2019s budget, which includes provisions for a national \u201cData for Tax\u201d project, which the JTB has been championing for over two years.<\/p>\n

He also noted that the funds would take care of the expenses of the Committee, including setting up offices for the Committee in Lagos and Abuja, payment of salaries, and logistics for over 70 members, 30 personnel, and over 40 students nationwide.<\/p>\n

According to him, the funds are yet to be spent, and the Committee would be responsible and accountable for every Naira spent.<\/p>\n

\u201cAll the expenses of the Committee are properly documented and available for audit. We collect receipts for fuel, stationeries, and virtually every Naira we spend to the extent possible.<\/p>\n

\u201cOver N4 billion of the funds transferred by the FIRS to the JTB for the Committee\u2019s work is yet to be spent and very much intact in the JTB account. We will be responsible, prudent and accountable with every Naira of public funds entrusted with,\u201d he said.<\/p>\n

Earlier, Nami clarified why FIRS transferred N5 billion to JTB.<\/p>\n

On August 8th, President Bola Ahmed Tinubu inaugurated the Presidential Fiscal Policy and Tax Reforms Committee to drive revenue generation in Nigeria.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has clarified the payment of N5 billion to the Joint Tax Board from the Federal Inland Revenue Service. Oyedele, in a statement through his official X handle, ensured that funds were intact and would be spent transparently for the country\u2019s […]<\/p>\n","protected":false},"author":84,"featured_media":96404,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,1243,254,1540],"class_list":["post-96405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-firs","tag-nigeria","tag-oyedele"],"yoast_head":"\nPresidential Tax Reforms Committee Chairman Oyedele speaks on N5bn funds from FIRS - Nigeria<\/title>\n<meta name=\"description\" content=\"Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has clarified the payment of N5 bil ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Presidential Tax Reforms Committee Chairman Oyedele speaks on N5bn funds from FIRS\" \/>\n<meta property=\"og:description\" content=\"Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has clarified the payment of N5 bil ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-29T10:19:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-29T12:57:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/09\/sm_1695975456.443008.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"431\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Presidential Tax Reforms Committee Chairman Oyedele speaks on N5bn funds from FIRS\",\"datePublished\":\"2023-09-29T10:19:31+00:00\",\"dateModified\":\"2023-09-29T12:57:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs\"},\"wordCount\":320,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/09\/sm_1695975456.443008.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"FIRS\",\"Nigeria\",\"Oyedele\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/presidential-tax-reforms-committee-chairman-oyedele-speaks-on-n5bn-funds-from-firs\",\"name\":\"Presidential Tax Reforms Committee Chairman Oyedele speaks on N5bn funds from FIRS - 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