By Desire Emmanuel
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, on Monday, January 26, claimed that workers in the country are beginning to see higher take-home pay following a reduction in Pay As You Earn (PAYE) deductions under the newly-implemented tax laws.
Oyedele stated this in a post on his X handle, saying that feedback from employees who have received their January 2026 salaries indicated this.
“We are pleased to note the feedback from workers who have received their salaries for January 2026 and confirmed a reduction in their PAYE tax resulting in higher take home pay under the new tax laws,” he said.
According to him, early indications suggest that the new tax framework is already easing the tax burden on workers, particularly salary earners, whose taxes are deducted at source.
The development comes as the Federal Government begins implementing sweeping tax reforms aimed at improving disposable income, supporting economic growth, and simplifying tax administration across the country.
Oyedele said the drop in PAYE deductions reflects the early impact of recently enacted tax reforms designed to reduce the tax burden on workers.
He added that the reforms are particularly beneficial for employees whose income taxes are deducted directly by their employers.
