Nigeria, Dec. 12 -- The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that Nigeria's new Tax Reform Act exempts religious institutions from taxation.

PREMIUM TIMES reported that the reforms consolidate four major legislations: the Nigerian Tax Act (NTA), the Nigerian Tax Administration Act (NTAA), the Nigerian Revenue Service (Establishment) Act (NRSEA), and the Joint Revenue Board (Establishment) Act (JRBEA).

Under the new framework, the NTA and NTAA are expected to take effect on 1 January 2026.

In a viral video on Friday from his interview on the "MIC ON podcast" with Seun Okinbaloye, Mr Oyedele explained that although churches and mosques remain tax-exempt as institutions, pas...