Oyedele counters claims of investor frustration over Nigeriaโs new capital gains tax
โ๏ธ Ayodeji Adegboyega, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright๐ October 28, 2025 06:19 AMโฑ๏ธ 3 min read๐ Scraped: October 28, 2025
Summary: โExempting the poor while taxing the wealthy fairly is not socialism; it is progressive taxation, a principle embedded in virtually every advanced economy,โ Mr Oyedele said.
The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has countered reports that foreign investors are frustrated and disappointed by Nigeriaโs new capital gains tax (CGT), describing the claims as misleading and inaccurate.
Mr Oyedele stated this on his X handle on Monday, alleging that the media misrepresented both the reform and his recent engagement with investors.
โPublic debate is vital for reform. But debate must be anchored on facts, not misrepresentation,โ he wrote.
The clarification follows
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