FG Clarifies: No Tax Monitoring via Bank Transaction Narrations
Federal Government dismisses claims of monitoring personal bank accounts for tax. Small businesses under ₦12m turnover are exempt. Experts advise clear transaction descriptions.
Category : Search result: tax debt recovery
Get Your Tax ID Online Using NIN or CAC - JTB Guide
The Joint Tax Board has launched a unified portal for Nigerians to retrieve their Tax Identification Number digitally using NIN or CAC details. Follow our step-by-step guide to access your 13-digit Tax ID from January 1, 2026.
Court Dismisses Suit Against New Tax Act, Implementation Begins
An Abuja High Court has dismissed a suit to halt Nigeria's new tax regime, allowing implementation from Jan 1, 2026. Northern groups and Femi Falana allege discrepancies in the laws.
Viral Tax Warning: 'First Deduction Go Hit Like Sledgehammer'
A Nigerian man's viral tweet sparks reactions as he warns that the first tax deduction under new rules will hit citizens hard. See the public's mixed responses.
Controversial Tax Reforms Begin Jan 1, 2026
President Tinubu's sweeping tax reforms begin today despite opposition from Atiku and Northern groups. FG insists changes are vital for economic growth. Read the full story.
Tinubu: No Going Back on Jan 2026 Tax Reforms
President Bola Tinubu insists Nigeria's new tax laws will commence January 1, 2026. He calls it a 'once-in-a-generation' fiscal reset, not a tax hike. Read the full details.
UK-based Nigerian Lady Paid N66.9m Tax, Questions FG
A Nigerian lady in the UK reveals she paid N66.9 million in tax, sparking debate on transparency as Nigeria's new 2026 tax law takes effect. Read her full story and public reaction.
Get Your Tax ID with NIN: Simple Steps to Avoid Issues
Nigerians can now retrieve their 13-digit Tax Identification Number (Tax ID) using their NIN via the new Tax ID Portal. Learn the steps for individuals and businesses to comply with the new tax law effective January 1, 2026.
Man Celebrates 2026 Tax Cut, Shares Evidence
A Nigerian worker shares proof of his reduced tax rate under the new 2026 law. See the mail from his company and public reactions to the positive news.
Avoid Tax Overpayments with Accurate Bank Transfer Narrations
As Nigeria's new tax regime begins in January 2026, experts advise using clear bank transfer descriptions like 'Gift' or 'Loan' to prevent overpayment and tax audits. Learn the simple, legal narrations.
Barber Adds VAT to Haircuts Ahead of 2026 Tax Law
A Nigerian man's viral post reveals his barber adding a 7.5% VAT charge from January 1, 2026, sparking debate on the new tax law's reach. Read more about the public reaction.
Nigeria Ripe for Recovery After Sweeping Reforms - Senate
Senate Leader Opeyemi Bamidele declares Nigeria poised for full economic recovery following major 2025 reforms in tax, constitution, and security. Read the details and what to expect in 2026.
10 States Plan N4.28tn Borrowing for 2026 Budgets
Ten Nigerian states plan to raise N4.287 trillion from loans and grants for their 2026 budgets, totaling N14.174tn. Experts warn of fiscal risks and weak revenue management.
Tinubu: Tax Reforms to Proceed as Planned from 2026
President Bola Tinubu confirms Nigeria's reformed tax laws will take effect on January 1, 2026, calling it a 'once-in-a-generation' fiscal reset. Read the full details.
NECA Supports Jan 1 Tax Reform Kickoff
NECA supports Nigeria's new tax laws starting January 1, 2025, urging amendments for genuine concerns. DG Adewale-Smatt Oyerinde calls for macroeconomic gains to reach micro level. Read more.
New Tax Laws to Take Effect Jan 1 as Scheduled
The Federal Government confirms Nigeria's new tax regime will begin on January 1, 2026. The reforms aim for a fairer, more efficient system to boost economic growth. Read the full details.
Tinubu: New Tax Laws to Commence January 1, 2026
President Bola Tinubu insists Nigeria's new tax laws will take effect on January 1, 2026, despite controversy over alleged alterations and a National Assembly probe. Read the full details.
NNPCL Cancels N4.01 Trillion Subsidy Debt
The Nigerian National Petroleum Company Limited has cleared N4.01 trillion in subsidy arrears owed by the FG after FAAC reconciliation. Discover the details and implications for Nigeria's economy.
FG Launches New Tax ID Portal Linked to NIN
Nigeria's new tax ID portal goes live January 1, 2026. Your NIN becomes your tax number. Learn how to retrieve your ID and what it means for you.
New Tax ID Portal Launches Jan 1, 2026 - How to Retrieve
Nigerians can now retrieve their Tax ID online using NIN or CAC details from Jan 1, 2026. Learn the simple steps to access your 13-digit number digitally.
NLC Vows to Resist Unjust Tax System
The Nigeria Labour Congress vows to reject the Federal Government's new tax reforms set for January 1, 2026, calling them distorted and unjust. President Joe Ajaero demands inclusive, transparent laws.
Tax Ombudsman Office Begins Operations January 1
Nigeria's new Tax Ombudsman office launches Jan 1, 2026, to protect taxpayer rights and resolve disputes fairly. Learn about its mandate and impact.
FG: New Tax Laws to Support Airlines, Not Harm Them
The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.
FG Cancels N5.57 Trillion, $1.42 Billion NNPC Debt
President Tinubu approves massive debt write-off for NNPC after reconciliation, aiming for a clean financial slate. Discover the details and ongoing revenue challenges.
New Tax Laws Will Help Airlines - Oyedele
Taiwo Oyedele clarifies that Nigeria's new tax reforms from Jan 1, 2026, will reduce airline costs, not increase them. Key burdens like withholding tax on leases are removed.
Court Hears Suit to Stop New Tax Law Implementation
An Abuja High Court has begun hearing a suit seeking to halt Nigeria's new tax regime set for January 1, 2026. The case challenges the validity of key tax reforms. Read the latest details.
Debt Servicing Cripples Africa's Development - Moghalu
Ex-CBN deputy governor Kingsley Moghalu reveals African nations spend more on debt than health & education combined. Nigeria allocates 70% of revenue to repayments. Discover the data blocking development.
Nigeria's 2026 Tax Reform: Truth vs. Viral Lies
As Nigeria's new tax law takes effect Jan 1, 2026, we separate fact from fiction on income tax, bank alerts, and gifts. Most Nigerians will pay less or nothing.
State Debt Rises by N94.79bn in Three Months
Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.
Tax Reforms on Track for January 1 Implementation
The Federal Government confirms Nigeria's major tax reform laws will take effect as scheduled on January 1, 2026. The changes promise relief for 98% of workers and 97% of small businesses. Get the full details.
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