TAX

“Tax ID Now Mandatory for Nigerians”- FG Declares

September 12, 2025 Gistlover Stella 0

The Federal Government has announced that the use of a Tax Identification Number (TIN) is now mandatory for Nigerians, as part of efforts to expand the country’s tax base and improve compliance. A TIN is

FG Suspends Implementation of 5% Petroleum Products Tax Amid Public Outcry

September 9, 2025 Gistlover Stella 0

The Federal Government has clarified that it has no immediate plans to enforce the 5% Petroleum Products Tax contained in the new tax legislation. Finance Minister and Coordinating Minister of the Economy, Wale Edun, disclosed

FG justifies 5% fuel surcharge, insists it won’t burden Nigerians, Says its Dates Back to 2007

September 9, 2025 Gistlover Stella 0

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that the controversial 5% fuel surcharge was not introduced by President Bola Tinubu’s administration but has been in existence

U.S. Court Orders Release of Confidential Records on Tinubu’s Alleged Drug Case

“Only those earning above ₦250,000 will pay tax”- FG

June 27, 2025 Gistlover Stella 0

Nigerians earning ₦250,000 or less monthly will no longer pay personal income tax, according to Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. He made this known on Channels TV

Multiple taxations widening housing gap-House owners Complains

October 2, 2023 Rhoda Gistlover 0

The housing sector’s numerous taxes have drawn criticism from developers, who blame them for the growing housing deficit in the nation. The developers claim that people’s reluctance to regularize their landed property is partially due