ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, August 20, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

Taiwo Oyedele Recommends USSD, Digital Tax Payment For Efficient Collection

Oyedele disclosed this on Wednesday while sharing updates on the Committee’s activities.

by NewsOnline Nigeria
January 24, 2024
in Economy And Business, Headline
0
Taiwo Oyedele

Taiwo Oyedele

Taiwo Oyedele-led Presidential Tax Committee has recommended USSD and Digital Tax Payment for efficient collection.

 

NewsOnline Nigeria reports that the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, said his Committee has proposed the use of Unstructured Supplementary Service Data (USSD) and other digital channels for the payment of taxes and levies across the three tiers of government in Nigeria.

 

This Nigeria news platform understands that Oyedele disclosed this on Wednesday while sharing updates on the Committee’s activities. According to him, part of the proposals to the government is to cancel many of the current taxes that have become burdensome to the people, harmonize the few that are justifiable, and digitize the collection process with multiple channels including USSD to drive efficiency, reduce leakages and promote accountability.

 

ALSO: Tinubu ill-advised By ‘Lagos Boys’ Over CBN, FAAN Relocation – Senator Ndume

 

The USSD is a Global System for Mobile Communications (GSM) protocol that is used to send text messages. Currently being deployed by banks for financial services, USSD allows users to interact directly from their mobile phones by making selections from various menus.

States, local governments taxes

While noting that there are currently over 60 taxes, levies,and charges across the 3 levels of government, Oyedele said states and local governments are administering 46 of these, including road taxes, motor park levies, truck, canoe, wheelbarrow and cart fees ,etc.

He added that there are even more unauthorised taxes all disproportionately affecting small businesses including petty traders, hawkers, artisans, truckers, cart pushers, okada riders and other transporters.

  • “The associated costs are inevitably passed on to consumers, mostly low-income earners. The payers also have to contend with the unorthodox means of collection and harassment from untrained “revenue collectors” on highways, markets, streets, etc while there is very little to show for the revenues collected.
  • “We propose to repeal many of these burdensome taxes, harmonize the few that are justifiable, and digitize the collection process with multiple channels including USSD to drive efficiency, reduce leakages, and promote accountability,” Oyedele said.

Embracing civil approach

While noting that the reforms being proposed also have a social dimension, Oyedele said the Committee has two choice choices recommending that new personnel be recruited and trained to drive compliance or train the existing collectors to be civil in their approach.

  • “While the former may lead to potential backlash, the latter offers a more sustainable solution, avoiding social crises and providing relief to small businesses. Our reforms stand a better chance of success when we find a win-win outcome for all stakeholders than those which seek to alienate others,” he said.

The Chairman said the Committee welcomes criticisms and always cherishes the opportunity to engage. He said the Committee is open to and actively seeks feedback and ideas from the public.

Previous Post

New Conditions For Passport Acquisition Explained (MUST READ)

Next Post

Africa Cup of Nations Round 16 Fixtures, Time, Date (FULL LIST)

Next Post
Africa Cup of Nations Round 16 Fixtures

Africa Cup of Nations Round 16 Fixtures, Time, Date (FULL LIST)

Trending Stories

Taiwo Oyedele

Taiwo Oyedele Recommends USSD, Digital Tax Payment For Efficient Collection

Ann Mbene, founder and weight loss consultant at HueBeautyGlam

Ann Mbene On Breaking The Weight Loss Stigma in Nigeria

Canada

Canada Invites 1,000 Express Entry Candidates to Apply for Permanent Residence

Abel Enitan

BREAKING: Tinubu Appoints Abel Enitan as New Head of Civil Service of the Federation

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

FG ₦50m Loan to Build

How To Apply For FG ₦50m Loan to Build, Buy House at 6% Interest

NELFUND Student Loans

Tinubu Directs EFCC Recoveries, Unclaimed Dividends to Fund NELFUND Student Loans

Onaiyekan

Onaiyekan Defies Presidency, Says ‘I’m Not Afraid of Anybody’ Over Tinubu Meeting Remarks

Osasikemwen Ighile

Five Practical Holiday Saving Habits for Nigerian Households By Osasikemwen Ighile

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

Latest Stories

NELFUND Student Loans

Tinubu Directs EFCC Recoveries, Unclaimed Dividends to Fund NELFUND Student Loans

Onaiyekan

Onaiyekan Defies Presidency, Says ‘I’m Not Afraid of Anybody’ Over Tinubu Meeting Remarks

Canada

Canada Invites 1,000 Express Entry Candidates to Apply for Permanent Residence

South Africa

BREAKING: FG Orders South Africa to End Xenophobic Attacks Against Nigerians

Abel Enitan

BREAKING: Tinubu Appoints Abel Enitan as New Head of Civil Service of the Federation

Osasikemwen Ighile

Five Practical Holiday Saving Habits for Nigerian Households By Osasikemwen Ighile

Ann Mbene, founder and weight loss consultant at HueBeautyGlam

Ann Mbene On Breaking The Weight Loss Stigma in Nigeria

Zenith Bank

Zenith Bank Hosts 10th Non-Oil Export Seminar August 25, Unveils Global Speakers

US Judge

BREAKING: US Judge Sets August 21 Deadline in Tinubu Records FOIA Case

FCT Minister Wike

FCT Minister Wike Reveals Why Adeleke Won Osun Governorship Election

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria