President Bola Tinubu has applauded the contributions of Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms that has seen Nigeria’s tax-to-GDP ratio, rising from 10% to over 13.5%”.
President Tinubu stated this in his congratulatory message to Oyedele on his 50th birthday, June 18, 2025.
The President, who joined members of the Oyedele family, friends, and well-wishers in celebrating the accomplished tax expert, accountant, and economist, said Oyedele “exemplifies excellence, resilience, and innovation in public and private service.”
President Tinubu highlighted Oyedele’s inspiring journey from his humble beginnings in Ikare Akoko, Ondo State, to academic and professional distinction at top global institutions such as the London School of Economics, Yale University, and Harvard Kennedy School.
The President noted that from his early years in Ikare Akoko to his decades of leadership at PwC and his studies abroad, Oyedele has shown that merit, discipline, and integrity are the foundations of actual achievement.
“When I inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms on August 8, 2023, I tasked the committee under his chairmanship with a bold mission to reform Nigeria’s tax and fiscal landscape, raise our Tax-to-GDP ratio to 18% within three years, and make the business environment more attractive.
“Although I am awaiting the harmonised four tax bills to append my signature, indications are that the reforms will enable us to reach our targeted tax-to-GDP ratio, which has already risen from 10% to over 13.5%,”.
The President commended Oyedele, who is a former Africa Tax Leader at PwC, for his pivotal role in championing Nigeria’s fairer, simpler, and more growth-oriented tax system.
He also applauded Oyedele’s efforts to streamline taxation, provide relief for low-income households, and ensure that Nigeria’s fiscal policies promote inclusive economic growth.
As Oyedele marks this golden jubilee milestone, President Tinubu said he looks forward to his increased contributions to academia and mentoring the next generation of leaders through youth empowerment initiatives such as the Impact Africa Foundation.
The President also prayed that God would grant him “continued strength, wisdom, and fulfilment as he continues his dedicated service to Nigeria and humanity.”
