The federal government has maintained that Nigerians in the diaspora will not face double taxation under the country's new tax reform framework, as income generated abroad and then remitted home will not be taxed twice. The clarification came from Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, in response to growing concerns from Nigerians abroad about the effects of recent tax changes.
Oyedele explained that income earned overseas and remitted to Nigeria by non-resident individuals is now explicitly exempt from taxation, whether or not it was taxed in the country where it was earned.
He further highlighted that Nigeria’s Double Taxation Agreements (DTAs) with several countries—along with new relief measures for those without such treaties—are intended to ensure that the same income is not taxed twice, either abroad or in Nigeria.
“Many Nigerians in the diaspora have expressed concerns about the new tax reforms and their possible impact,” Oyedele noted, adding that the clarification aims to address common questions and dispel misconceptions.
On the issue of foreign remittances, he emphasized that personal transfers and family support payments remain fully tax-exempt.
