₦airaland Forum

keemsleek:
Nw we know our weak point, penalty. We need to work on it. Congratulations to morroco and to our boys we proud of u guys better luck next time.
God bless nigeria
God bless us All for standing with the SE thru out the tournament. We move

Ofemannnu:
Mr Wailing ton,you like cho cho cho too much sir.

omolola12345:
I have witnessed this in one of the cherubim and seraphim Church in Ibadan live. I was surprised.

UzorIyke:
Wow...
So is offence to use car to go around a state in Nigeria, helicopter will take him him everywhere he's going bah

Ponmoalata:
What has the middle class Nigerians benefited from the country to compel them to pay taxes.

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that Nigeria has fewer than 10 million active individual taxpayers, underscoring the country’s narrow tax base and the urgent need for data-driven reforms at subnational levels.

Oyedele made the assertion on Tuesday while delivering a keynote address at the Tax Reform Summit 2026 in Lagos, themed “From Reforms to Results: The Lagos Implementation Roadmap, Creating a Tax Environment that Works for All.”

The summit was convened by the Office of the Special Adviser on Taxation and Revenue in collaboration with the Lagos State Treasury Office.

According to Oyedele, improving the quality of data for fiscal and economic planning is critical to expanding the tax net, particularly in Lagos State.

He said reliable databases covering property registers, individual taxpayers and fiscal operations were essential for effective revenue mobilisation.

“In Nigeria today, the number of active individual taxpayers is under 10 million for the whole country. I think that is the number we should have for Lagos State alone, and we need to make that possible,” he said, adding that meaningful tax reform cannot be achieved without credible and comprehensive data.

Oyedele also highlighted the significant revenue potential of property taxation, describing it as one of the most stable but underutilised sources of income for states and local governments. He said Lagos could generate up to ₦1 trillion annually from property tax if the sector’s potential is fully harnessed.

He explained that if just two million properties in Lagos were taxable, with an average value of ₦100 million and a modest tax rate of 0.5 per cent, the state could raise ₦1 trillion yearly.

According to him, such revenue could be reinvested in infrastructure and public services, creating a cycle of growth and increased property values.

The tax reform committee chairman stressed that success in property taxation depends on proper property enumeration, accurate valuation, transparent administration and predictable enforcement.

He also called on Lagos State to lead by example in adopting harmonised tax laws and strengthening legal frameworks for collaboration among revenue-collecting agencies.

Oyedele disclosed that a model tax harmonisation law drafted by the committee and the Joint Revenue Board had already been adopted by states such as Ekiti, Zamfara, Anambra and Kano, urging Lagos to follow suit.

adenigga:
Source: https://dailypost.ng/2025/12/23/obasanjo-yaradua-jonathan-tinubu-wouldve-prosecuted-atiku-if-he-was-corrupt-dele-momodu

casualobserver:
Rufai truly should stick to animal
Science.

There is no mention of 20% in the gazetted version.

The disputed section is section 41. You can see below


You can also download the gazetted version here do a word search and verify for yourselves

https://gazettes.africa/akn/ng/officialGazette/government-gazette/2025-06-26/117/eng@2025-06-26

https://fiscalreforms.ng/index.php/2025/09/06/the-official-gazette-2025-nigeria-tax-reform-acts/

tosyne2much:
If you see landlords that bully tenants for no good reason, you won't care if this law will discourage people from renting their house out

Even if you pay your rent duely and even handle repairs for landlord, some landlords will still bully you for no good reason

In some houses, do you know that you can't even buy that you need because that would be your greatest undoing?

Imagine buying something in the day time and you have to wait till night to bring it home because you don't want your landlord to see it

This are some of the things some innocent tenants face from landlords

reddingtonblack:
no

You think Dangote dont know All these things you posted abi, you think Dangote is not in better to position to weigh Farouk legit attainable income

If a Dangote is telling you a Farouk does not belong to the class that can spend $5m on school you think reminding us he works in Apple is a vindication ... lol how naive

Anyone that can pay $5m for school fee alone should be on forbes

Salewa97:
Good.

The anti corruption campaign of this current government should be commended.

Those who are guilty would be punished while the innocent ones would be vindicated

HgAkpobomeEr:
Farouk should be arrested and investigated immediately.