Tax Harmonisation: 12 states onboard, 13 others begin legislative process

Minister of State for Finance-designate, Taiwo Oyedele, has announced that 12 states have already enacted the Federal Government’s new Tax Harmonisation Law, introduced as part of ongoing fiscal reforms.

Speaking in Abuja on Wednesday at the graduation of 5,900 entrepreneurs trained by the MTN Foundation, Oyedele explained that 13 other states have presented the law to their Houses of Assembly, while several more are at different stages of implementation.

The law, which took effect on January 1, 2026, aims to modernize Nigeria’s tax system, eliminate multiple and nuisance levies, protect citizens from harassment, simplify tax processes, and ensure fairness in tax administration. “The reforms are designed to help businesses thrive, safeguard vulnerable groups, and reset Nigeria’s fiscal framework for economic transformation,” Oyedele said.

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He commended the MTN Foundation for supporting entrepreneurship, noting that its initiatives have trained over 15,000 young innovators and provided tools to strengthen Nigeria’s economic base. He urged the new graduates to embrace discipline, transparency, and value-driven practices in building sustainable businesses.

MTN Foundation Chairman, Mosun Olusoga, represented by Director Surajudeen Yakubu, revealed that the foundation will provide ₦300 million in business grants to beneficiaries. He emphasized that empowering young entrepreneurs would create jobs, generate wealth, and add value to society.

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