Oyedele: Fiscal Reforms to End Multiple Taxation, Illegal Roadblocks in Transport Sector

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured operators and stakeholders in Nigeria’s haulage and logistics sector that the ongoing fiscal reform would eliminate the burden of multiple taxation and illegal roadblocks that have burdened the transport industry for decades.

Speaking at the Eleventh edition of the Haulage & Logistics Magazine yearly conference in Lagos, Oyedele described the reforms as the most significant and consequential since independence, aimed at addressing systemic inefficiencies that have inflated transportation costs and worsened food inflation across the country.

Responding to public concern over a proposed five per cent fuel levy, Oyedele clarified that the surcharge will not take effect in January 2026, but only when certain economic conditions are met, such as naira appreciation or a five per cent drop in crude oil prices.