Peter Obi calls for a pause on new tax laws. He highlights serious flaws in the system. Nigerians face economic challenges amid these changes. Obi shared his views on social media. He urged the Federal Government to act quickly. This move aims to protect citizens from undue burdens. Obi’s Key Concerns Obi points out a…
The Federal Inland Revenue Service (FIRS) today addresses public concerns regarding the new tax regime. Chairman Dr. Zacch Adedeji confirms that personal savings in bank accounts will not incur taxes. Instead, only profits and interest earnings will be subject to taxation. What the NRS Boss Announced The NRS boss stated that savings in bank accounts…
The Nigeria Revenue Service (NRS) announced that the new tax laws are designed to help the poorest people in Nigeria the most. These changes aim to make life easier for everyday Nigerians by focusing taxes on big profits and success, not on basic needs or low-income families. Key Exemptions for the Poor The reforms provide…
Nigeria will introduces new tax laws on January 1, 2026. President Bola Tinubu signs the Nigeria Tax Act and Tax Administration Act. These laws simplify rules and cut duplicate taxes. Moreover they widen the tax base fairly. Officials aim to block leaks and boost revenue without harming growth. NACCIMA Applauds the Initiative NACCIMA praises the…
