The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says income earned by commercial sex workers will be subject to taxation under Nigeria’s new tax laws. He explained that the laws focus on whether money was earned from goods or services, regardless of whether the source is seen as legitimate.
In a video posted on X, Oyedele gave examples to clarify the new provisions, stressing that the tax system does not ask about the legality of work but only whether income was generated. He said upkeep money or gifts sent to relatives, friends, or strangers are exempt, as they are considered non-exchange transactions.
Also Read: NAPTIP Summons Speed Darlington Over Child Sex Confession
Oyedele added that while those giving gifts are expected to have already paid tax on their income, the recipients are not liable for additional taxes. He noted that the reforms aim to widen Nigeria’s tax net in line with international practice.
President Bola Tinubu signed four tax reform bills into law on June 26. The Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service Act, and the Joint Revenue Board Act are set to take effect from 1 January 2026.


Leave feedback about this
You must be logged in to post a comment.