spot_img
spot_imgspot_img
April 19, 2026 - 2:57 PM

Sex Workers Must Pay Tax Under New Laws –Fiscal Policy Chairman

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that sex workers are required to pay tax under the new reform laws signed by President Bola Ahmed Tinubu.

Speaking during a tax education lecture at a Redeemed Christian Church of God (RCCG) in Lagos, Oyedele explained that tax applies whenever money is earned in exchange for services.

He gave an example that if a sex worker offers services and gets paid, that income is taxable.

In a Video obtained by The News Chronicle on Tuesday, he stressed that Nigerian tax law does not distinguish between legal and illegal businesses.

“One thing about the tax law is that it does not ask whether what you are doing is legitimate or not; it only asks whether you have an income,” he said.

President Tinubu signed four new tax bills into law on June 26, 2025: the Nigeria Tax Act, Nigeria Tax Administration Act, Nigeria Revenue Service Establishment Act, and the Joint Revenue Board Establishment Act.

Together, these laws, called the “Tax Acts Quartet,” are designed to widen the tax base and improve compliance across federal, state, and local governments.

Earlier, Tinubu appointed Taiwo Oyedele, Fiscal Policy Partner and Africa Tax Leader at PricewaterhouseCoopers, as chairman of the reform committee, which includes experts from both the private and public sectors.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share post:

Subscribe

Latest News

More like this
Related

Fierce Military Operation Frees 13 Abducted Benue Travelers

Troops of the Nigerian Army operating under Operation Whirl...

Forget Atiku, Tinubu Will Win Adamawa in 2027 – Fintiri

Governor Ahmadu Fintiri of Adamawa State has declared his...

Katsina Fixes April 27 for School Reopening

The Katsina State Ministry of Basic and Secondary Education...

Mother Arrested in Lagos for Allegedly Selling Baby to Repay N600,000 Loan

A 33-year-old woman, Olaide Adekunle, has been arrested by...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x