Workers Now Earn More Under New Tax Laws – Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has disclosed that Nigerian workers now earn more due to the Pay As You Earn (PAYE) deductions under the newly implemented tax laws.

Speaking via his 𝕏 account on Monday, Oyedele stated that this is the feedback he has gotten from workers who have received their January 2026 salaries.

He noted that early indications suggested that the new tax framework is already easing the tax burden on workers, particularly salary earners whose taxes are deducted at source.

According to him, the drop in PAYE deductions reflects the early impact of recently enacted tax reforms designed to reduce the tax burden on workers.

“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 stated

He added that the reforms are particularly beneficial for employees whose income taxes are deducted directly by their employers.

Despite reports of reduced PAYE deductions by workers who have received their January salaries, Oyedele said further engagement is needed to ensure correct implementation.

He disclosed that the Committee is partnering with the Joint Revenue Board to host a dedicated engagement session for key stakeholders involved in payroll and tax administration.

The online session, scheduled for this week, will focus on applying the new Personal Income Tax provisions correctly.

It is targeted at HR Directors, Payroll Managers, Chief Financial Officers, Tax Managers, and other senior executives.

The session is expected to address implementation gaps and clarify compliance requirements for employers.

Oyedele said the engagement would help ensure employees fully benefit from the reforms while employers remain compliant with the updated legal framework.