Taiwo Oyedele

Taiwo Oyedele
MinisterNigerian Minister of State for Finance
Preceded byDoris Nkiruka Uzoka-Anite
Personal details
EducationOxford Brookes University
Yaba College of Technology (HND, accountancy and finance)
Alma materLondon School of Economics
Yale University
Harvard Kennedy School
Occupationeconomist, accountant
Websitetaiwooyedele.com

Taiwo Oyedelelisten (born 18 June 1975)[1] is a Nigerian economist, accountant and public policy expert. He serves as the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria appointed by President Bola Tinubu.[2][3][4] In March 2026, he was nominated by President Bola Tinubu and confirmed by senate on the 12th of March 2026 to serve as Minister of State for Finance to replace Doris Uzoka-Anite.[5] On March 16, 2026, he was sworn in and assumed office as the Nigerian Minister of State for Finance by President Bola Tinubu.[6]

Early life and education

Oyedele was born in Ondo State and raised in Ikaram, Akoko.[7] He obtained a Higher National Diploma (HND) in accountancy and finance from Yaba College of Technology (YABATECH) and BSc in applied accounting at the Oxford Brookes University. He completed executive education programs at the London School of Economics, Yale University, Gordon Institute of Business Science and Harvard Kennedy School.[8]

Career

Oyedele's career spans several key roles in both the private and public sectors. He spent 22 years at PwC, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader.[9] During this period, he also served as the Vice Chairman of the National Tax Policy Committee for the Federal Ministry of Finance,[10] contributing to national tax reforms. His work on regional policy includes serving as the Chairman of the West Africa Union of Tax Institutes (WAUTI) High-Level Think-Tank on the ECOWAS Integration Project.[11][12] He is also the Thematic Lead for the Fiscal Policy and Planning Commission and Chairman of the West Africa Debt Management Roundtable under the Nigerian Economic Summit Group (NESG).[13] He also provided expert insight to the World Bank,[14] he is the Chairman of the Taxation and Fiscal Policy Faculty Board of the Institute of Chartered Accountants of Nigeria (ICAN).[15][3] He was the Dean of the Faculty of Direct Taxation at the Chartered Institute of Taxation of Nigeria (CITN).[16] In July 2023,he departed PwC and was appointed Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms by President Bola Tinubu.[17][18]

Under his leadership, the committee proposed the creation of a unified Nigerian Revenue Service to replace several existing tax agencies, with the aim of increasing Nigeria's tax-to-GDP ratio from approximately 10% to at least 18% within three years.[19][20] In May 2025, the Senate passed four tax reform bills based on the committee's proposals, including legislation to establish the Nigeria Revenue Service and modify frameworks for VAT and petroleum royalties.[21][22]

Oyedele is a professor at Babcock University, adjunct faculty at the University of Lagos and a visiting scholar at the Lagos Business School.[23][2] He is the founder of Impact Africa Foundation; a non-profit organization focused on social impact and youth empowerment. He is a Fellow of Institute of Chartered Accountants of Nigeria, Chartered Institute of Taxation of Nigeria, Association of Chartered Certified Accountants, Nigeria Leadership Initiative and a member of the Global Governing Council of the Association of Chartered Certified Accountants (ACCA), a member of the Global Tax Forum and Harvard Business Review Advisory Council.[24][25][26]

References

  1. ^ Release, Press (18 June 2025). "President Tinubu felicitates Taiwo Oyedele at 50". Premium Times. Retrieved 4 July 2025.
  2. ^ a b "Taiwo Oyedele". MTN Nigeria. Retrieved 10 August 2025.
  3. ^ a b Ailemen, Anthony (7 July 2023). "Tinubu names Taiwo Oyedele as chairman, tax reforms". Businessday NG. Retrieved 10 August 2025.
  4. ^ "Tinubu hails tax czar Taiwo Oyedele on 50th birthday". Peoples Gazette Nigeria. 18 June 2025. Retrieved 10 August 2025.
  5. ^ "Tinubu nominates Taiwo Oyedele as minister of state for finance". Channels Television. 3 March 2026. Retrieved 4 March 2026.
  6. ^ Okere, Alexander (16 March 2026). "[UPDATED] Tinubu Swears Taiwo Oyedele In As Minister Of State For Finance". Channels Television. Retrieved 16 March 2026.
  7. ^ "President Tinubu celebrates Taiwo Oyedele at 50, commends his role in Nigeria's Fiscal Reforms". Trending News. 18 June 2025. Retrieved 10 August 2025.
  8. ^ Okwumbu-Imafidon, Ruth (8 July 2023). "Taiwo Oyedele: Meet the new chairman of the Presidential Committee on Fiscal Policy and Tax Reforms". Nairametrics. Retrieved 4 July 2025.
  9. ^ Ejechi, Victor (19 July 2023). "'Conflict of interest' -- Taiwo Oyedele resigns from PwC after taking FG assignment". TheCable. Retrieved 10 August 2025.
  10. ^ starconnect (4 February 2018). "PUBLIC FINANCE: ADEOSUN CALLS FOR REVIEW OF WEAK FINANCE CONTROL ACT - Starconnect Media". Retrieved 11 August 2025.
  11. ^ "Mobilise domestic revenue, reshape values for Africa, says WAUTI". The Guardian Nigeria News - Nigeria and World News. 26 February 2021. Retrieved 11 August 2025.
  12. ^ "Nigeria: Growth Through Regional Integration, Tax". allAfrica.com. Archived from the original on 28 January 2015. Retrieved 11 August 2025.
  13. ^ "The Nigerian Economic Summit Group (NESG)". NESG. Retrieved 10 August 2025.
  14. ^ "Nli Fellows". www.nli-global.org. Retrieved 11 August 2025.
  15. ^ https://icanig.org/ican/assets/docs/Tax-Faculty-Newsletter-15-12-2020.pdf Tax-Faculty-Newsletter-15-12-2020.pdf
  16. ^ Okwumbu-Imafidon, Ruth (8 July 2023). "Taiwo Oyedele: Meet the new chairman of the Presidential Committee on Fiscal Policy and Tax Reforms". Nairametrics. Retrieved 10 August 2025.
  17. ^ "President Tinubu Sets up Committee on Tax Reforms – The Statehouse, Abuja". Retrieved 10 August 2025.
  18. ^ Akintaro, Samson (19 July 2023). "Taiwo Oyedele resigns from PwC". Nairametrics. Retrieved 10 August 2025.
  19. ^ Ajia, Jide (27 June 2025). "FG targets 18% tax-to-GDP ratio in three years - Oyedele". Punch Newspapers. Retrieved 11 August 2025.
  20. ^ Aro, Busola (8 November 2024). "Taiwo Oyedele: Nigeria's tax reforms will double revenue in three years". TheCable. Retrieved 11 August 2025.
  21. ^ "President Tinubu: New Tax Laws, the way Forward for Nigeria's Prosperity – The Statehouse, Abuja". Retrieved 11 August 2025.
  22. ^ "Federal revenue agencies face shake-up as Tinubu signs tax bills". Punch Newspapers. 27 June 2025. Retrieved 11 August 2025.
  23. ^ Edokwe, Bridget (9 July 2024). "NBA-SPIDEL CONFERENCE: MEET THE KEYNOTE SPEAKER, MR. TAIWO OYEDELE". NBA BLOG. Retrieved 11 August 2025.
  24. ^ Ailemen, Anthony (7 July 2023). "Tinubu names Taiwo Oyedele as chairman, tax reforms". Businessday NG. Retrieved 11 August 2025.
  25. ^ "Members of the Global Forum for Taxation | ACCA Global". www.accaglobal.com. Retrieved 11 August 2025.
  26. ^ "Alumni Gain Insights on Nigeria's New Government; Taipei Alumni Host Faculty Guest". Harvard Business School Alumni. 25 January 2024. Retrieved 11 August 2025.