₦airaland Forum

According to the Board, mechanisms have already been put in place to ensure seamless access to Tax IDs nationwide. It explained that Tax IDs will be automatically issued to all taxable individuals using their National Identification Number (NIN), while businesses will receive Tax IDs through their Corporate Affairs Commission (CAC) registration numbers...... https://thefintechinsights.com/fg-speaks-on-blocking-all-bank-accounts-without-tin-from-1st-january-2026/

This is a good move by the FG. It will help in tackling tax evasion and ensuring that everyone pays their fair share towards national development.

With all the tax, you're still borrowing. Who's fooling who?

So, we are making progress and some people are still complaining.

You're a wise man.
With all the money available, politicians couldn't get any thing done and now, they are out to milk the ordinary people more just so they can have more.
Donald Trump is legitimately a wealthy man before becoming the President of the USA. Can such be said of any Nigerian leader?

Rexymania:
With all the tax, you're still borrowing. Who's fooling who?

Good move by the government.

I have no problem with the tax whatsoever

My own b say make dem use the money wella

because me i nor trust all dis wicked politicians

Good.

Nigeria is gradually moving into a cashless society

Oju4190:
I have no problem with the tax whatsoever

My own b say make dem use the money wella

because me i nor trust all dis wicked politicians

But you know they won't use the money well.

Could have, should have, would have...

That's why I hardly follow news anymore. It's too much anticipation. You'll be caught thinking about your enemies next 500 move when they haven't even made 1.

If my uncle promises to take me abroad 10 years from now, I'm not going to start following visa news today because of a promise that may or may not be fulfilled 10 years from now. The visa office might have caught fire before then or a baby snake might have swallow the full headquarters, this being Nigeria.
This mindset has saved me lots of headaches and my precious Time.
Lol
I hardly follow nairaland headlines anymore.

Kudos to Dr Orion Taraban of Psychacks YouTube channel for this insight

PS: Check my signature. You might find other time-preserving truths

Good response to the dated NBS and FIRS report.

The paid government apologists above are an embarrassment. They aren't even putting in effort. They are just basically phoning it in. A policy that will kick off in less than 15 days and Nigerians don't fully know what to expect. The government isn't even sure what it is doing and neither does it know how extensive its tax law will go.

There will be disaster as a result.

Disgraced country with no atom of hope

Rexymania:
With all the tax, you're still borrowing. Who's fooling who?

The budget of Western countries is multiples times Nigerias budget ,yet they still borrow multiples times of what we borrow even though we are several times their population. Nigerian govt has to cater for more population than many of them. Compare Nigerian population to UK, France, Belgium, etc . Nigerias population is three times that of UK or France. So, let's be unbiased in our analysis.

VP needs to renovate house
3 billion naira
Senate president need to go for medical tourism in London
1 billion naira

You guys ain’t seen nothing yet
Resource rich countries shouldn’t heavily tax their citizens, especially when industries aren’t springing up regularly
Just thie. Vvves and waa r. Lords ruling that lack wealth creation ideas
The downfall of Nigerian banks loading
There’s a reason why many rich people are running to Dubai

Salewa97:
Good.

Nigeria is gradually moving into a cashless society

Dem need to debug the code of this bot.

Always talking off point. What consign cashless society and tax?7

Very bad

It's a lie...why are you spreading misinformation

How can you even block all bank accounts??

Many Nigerians have more than one bank account, we go open TIN for all

Make them do whatever pleases them abeg

Max24:
The budget of Western countries is multiples times Nigerias budget ,yet they still borrow multiples times of what we borrow even though we are several times their population. Nigerian govt has to cater for more population than many of them. Compare Nigerian population to UK, France, Belgium, etc . Nigerias population is three times that of UK or France. So, let's be unbiased in our analysis.

If you want to be unbiased, start by asking your government why they’re building a coastal highway of fraud when existing busy highways are dangerously damaged.

Max24:
The budget of Western countries is multiples times Nigerias budget ,yet they still borrow multiples times of what we borrow even though we are several times their population. Nigerian govt has to cater for more population than many of them. Compare Nigerian population to UK, France, Belgium, etc . Nigerias population is three times that of UK or France. So, let's be unbiased in our analysis.

All the monies recovered from Abacha since the past 10years, did you find what Apc did with the money ?

Stop comparing western countries with Nigeria, no politician here can boast of being untouchable after stealing billions from the people and still be going about as if nothing happened but in Nigeria, after stealing, switch party and your sins will be forgiven, and you talk accountability in Apc government…. I understand you’re a Tinubu supporter, everything has expiring date

Awesome! This is one of the ways the FG is promoting financial inclusion and transparency in our financial system.

FG is very unwise
U will see massive cash withdrawal from banks before the year end
People will prefer cash transportation
Tax collection are always done gradually not give a death line
Der will be panic
So if u have cash in banks keep them at home cause from January is going to be chaotic because of APC policy

FintechInsight:
According to the Board, mechanisms have already been put in place to ensure seamless access to Tax IDs nationwide. It explained that Tax IDs will be automatically issued to all taxable individuals using their National Identification Number (NIN), while businesses will receive Tax IDs through their Corporate Affairs Commission (CAC) registration numbers...... https://thefintechinsights.com/fg-speaks-on-blocking-all-bank-accounts-without-tin-from-1st-january-2026/

What of those without Bank Accounts?

How will the bank account blocking affect those who are not taxable?

Dogalmighty17:
The paid government apologists above are an embarrassment. They aren't even putting in effort. They are just basically phoning it in. A policy that will kick off in less than 15 days and Nigerians don't fully know what to expect. The government isn't even sure what it is doing and neither does it know how extensive its tax law will go.

There will be disaster as a result.

Who knows, will it be a disaster or not ?
As much as we can we should avoid any personal disaster affecting us directly


Email brainstormng@gmail.com

Once significant amount of people's money automatically disappear from their bank account (after they have planned to use it), everyone would go back to cash even if it is foreign currency.

Are they still going to be collecting tax from people without jobs (unemployed). There are still people who doesn't have bank accounts. How will they tax them

givedemwotowoto:
If you want to be unbiased, start by asking your government why they’re building a coastal highway of fraud when existing busy highways are dangerously damaged.

How many times have you queried your governor and LG Chairman what he does with money allocated to them? How many times have you called out Otti? Or is Otti a saint? Or don't you know that states and LG take 50% of Total revenue. You only focus on 50% of Tinubus revenue and ignore the 50% of your gov and LG Chairman. That's hypocrisy because your candidate lost.

Comments above shows that most people didn't read the news.