The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed confidence that Nigeria’s ongoing tax reforms will succeed through sustained engagement with industry stakeholders, including the National Association of Nigeria Travel Agencies (NANTA).
Oyedele made the remark in Lagos on Monday while receiving a NANTA delegation led by its President, Yinka Folami.
He stressed that continuous education, dialogue, and strategic collaboration with structured trade associations are critical to deepening understanding and ensuring the effective implementation of tax reforms.
“Our committee has met with several multi-layered organisations, including airlines. To be honest, we were not fully aware of the depth and strategic role of your association as a critical solution driver in the tax reform process.
From what we have done here today—opening another frontier of understanding and bridging information gaps, I am optimistic that our tax reforms will be successful,” he said.
Oyedele urged NANTA members to ensure proper documentation of account turnover and banking records to avoid tax liabilities arising from discrepancies.
He assured the association of continued engagement to clarify grey areas within the downstream aviation tax ecosystem.
He also confirmed that he would, schedule permitting, attend NANTA’s 50th Anniversary and Annual General Meeting slated for April in Ibadan, describing the event as another opportunity to engage key players within the tax reform ecosystem.
In his remarks, Folami raised concerns over multiple taxation in the travel trade sector and called for clearer interpretation of levies embedded in airline tickets, which are often wrongly attributed to travel agencies and sometimes subjected to double taxation.
He reaffirmed NANTA’s support for government tax policies but stressed the need for clarity on tax obligations.
Folami called for sustained engagement with the Presidential Committee and relevant agencies, particularly the Nigerian Revenue Service (NRS, formerly FIRS), to address challenges confronting travel agencies.
“We are in support of government tax policies and have consistently championed Nigeria-centric initiatives to drive reforms in the downstream aviation sector.
Our presence here today underscores our commitment to building a knowledge-based and sustainable relationship with government,” he said.
The NANTA delegation included Board of Trustees Chairman Alhaji Aminu Agoha, Lagos Zone BOT member Daisi Olotu, Bankole Bernard, Chima Ihe, Mike Otubu, Financial Secretary Yinka Ladipo, PRO Lola Adewole, Vice President (Lagos) Yinka Olapade, Kunle Oluwole, Chinwe Eluchie, Mayowa Phillips, among others.
Folami also formally invited Oyedele to serve as Speaker at the association’s fifth anniversary in Ibadan, where he is expected to enlighten members—particularly operators in religious tourism such as Hajj and Umrah—on the benefits and implementation of the new tax laws.
Meanwhile, NANTA’s Electoral Committee announced the results of the Lagos Zonal elections, with most immediate past executives returned unopposed.
Re-elected officers include Yinka Olapade as Vice President, Chinwe Eluche as Zonal Secretary, Enai Biboere Glory as Treasurer, and Fatai Moshood Abiola as Financial Secretary.
Toyin Ojo was returned as Zonal Internal Auditor, while Yewande Philip Ogunbiyi retained the position of Publicity Secretary.
The elections were supervised by members of the Lagos Zone Board of Trustees, with a representative of the National Executive Council present as observer. Results from other zones are expected to be announced in due course.
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