₦airaland Forum

Dvmb people everywhere. This price increase is not about VAT. Some small businesses before now pay only VAT and a few other charges but with the new Tax law they'll pay company income tax. Their meagre profit will be slashed.
Now imagine a small business with a yearly revenue of 50.5million and a profit of 15 percent on his sales, that's a profit of 7.5 million per year. But after expenses( hell generate his own light, pay staff salary, rent, pay levies, logistics expenses and other cost incurred for running the business, including some losses made) and the he's left with a profit of 800k.
It's this 800k government will come and tax 30% of it, how much is left to cater for his family? Th only way out is to pass on the tax expenses to the consumer just like VAT is done.
Failure to do that the business risk being shut down.

kingjayzeelan07:
With all this monumental looting, sometimes I wonder how Nigeria as a country is still standing/existing. Wicked souls in government. May God continue to expose them one by one and may they never know peace for the rest of their miserable lives. To this I say, AMEN! 🙏

indeed, when the wicked is on the throne, the people suffer/lament

Now check what other top thousands of politicians in the recent past ( that still remain hidden) must have looted and check what thousands of politicians in this current government, hidden in plain sight, are currently looting, then honestly you'll come to understand that the citizens don't need to be TAXED, we don't need to borrow, and should be enjoying some subsidy.

You don't tax your way out of poverty.

Russian supporters no longer have the moral right to accuse US of invading Venezuela
Do you now see how painful it is?

unite4real:
Thank you.
Aot of people are just misleading the public about this tax issues.
VAT that did not increase, someone is now posting it as if it was a new thing.

Wetin consign me. Thank God I am self employed, doing business.
We simply pass the VAT on to the public consumers. Una neva see anything, Una go pay tax tire.

VAT means Value Added Tax.
It is an indirect tax charged on the value added to goods and services at each stage of production and distribution, but it is ultimately borne by the final consumer.
Simple explanation
Whenever a business sells goods or services, it:
adds VAT to the selling price
collects VAT from the customer
remits the VAT to the government
How VAT works (easy example)
Manufacturer sells goods for ₦100 + VAT
Wholesaler sells for ₦150 + VAT
Retailer sells to final consumer for ₦200 + VAT
Each business pays VAT only on the value it added, not the full amount.
VAT in Nigeria
Current VAT rate: 7.5%
Administered by: Federal Inland Revenue Service (FIRS)
Applies to most:
Goods
Services
Some items are VAT-exempt or zero-rated (e.g. basic food items, medical services, educational services).
Key points to remember
VAT is not a profit tax
Businesses act as VAT collection agents
The final consumer bears the cost
VAT is different from Company Income Tax (CIT) and Personal Income Tax (PIT)

It's not only subsidy that's killing Nigeria, unnecessary and wasteful spending is also killing nigeria.
Of what use is the coastal road that runs into trillions of naira? This is not a necessity to the country right now, we have enough bad roads, add high quality to them and maintain them.
But no! They're looking for a way to embezzle public funds.
Even the ones they manage to repair, they deliberately make sure it's of very low quality so that they can embezzle a huge chunk of the inflated funds allocated to it, in a bid to keep allocating money to the road every year.
Just take a visit to our sister country, cotonu here and see the very high quality of their roads.
Is coastal road our pressing issue?

tiger28:
Tell your Governor to use the allocation money very well!

Tinubu has done well to distribute the money accordingly.

Governors have NEVER seen this much money in the History of Nigeria…….. FACT!

Is it not the same governors that he is courting to join APC and then after joining and standing on his mandate, all their sins are forgiven.
If the president really wanted to be honest why did he increase their allocation without establishing accountability and transparent systems before doling out such money to state governments who hitherto have proven to be corrupt in spending public funds

It's that way because of very bad leadership and very senseless followership

The government has paid some persons to suppress the truth about the implications of these taxes.
One of the implications is that it's going to hinder people's financial growth.
If you decide to work harder to earn more, you pay more money to government thereby slowing your savings and financial growth rate.
Also the tax rate is very high for a country with very low income per capital.
Secondly, you benefit next to nothing from whatever is removed from your money as tax.
Bad roads(more car expenses),
Low quality but expensive health care
High Insecurity(affects cost of food)
You generate most of the power u use
Lack of free/quality education
Lack of transparency and embezzling of public funds
And more

Lukgaf:
Recently, some people have been spreading misinformation that one can evade tax by simply using the narration “gift” on every transactions made.

Even the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele has clarified that tax authorities do not randomly deduct money from people’s accounts and that the system is not as careless as some are making it sound.

More importantly, Islam does not permit deception. Deliberately misrepresenting income, lying about transactions, or disguising earnings to avoid responsibility is harām. This falls under falsehood and dishonesty, which Allah strictly forbids.

Allah says:
“And do not mix the truth with falsehood or conceal the truth while you know.”
(Qur’an 2:42)

Trying to escape tax by lying is not wisdom rather it is disobedience. A believer should never seek provision through deception, even when the system appears unfair.

The Prophet ﷺ said:
“Truthfulness leads to righteousness, and righteousness leads to Paradise.”
(Bukhārī & Muslim)

If something is unjust, it should be addressed lawfully and responsibly, not through lies that stain one’s integrity and faith.

Let us fear Allah in our dealings, speak the truth, and earn only what is halal. Wealth gained through dishonesty carries no blessing.

May Allah grant us honesty, wisdom, and protection from wrongdoing.

Lily livered citizen
How many times have you quoted this quoran directly to your politicians embezzling public funds meant for the suffering masses

DoTheNeedful:
Minimum wage is not meant to be enough for normal people is most places in the world. I live abroad, and in my first few years as a student, I was earning around a minimum wage. You know what? I paid taxes.

I don't see any country that make minimum wage earners comfortable as a serious one.

Oga why not also tell you govt to also copy these tax benefits below as is done in such countries

And what is the fundamental duty of government to their citizens in every society?
Pls don't be a dvmb citizen.

Why are they so desperate on this tax issue, but they've blatantly ignored the duty they owe the Nigerian s, many of which have been paying tax.
Here is a breakdown of the primary benefits UK citizens receive from their tax contributions (Income Tax, National Insurance, and VAT).
1. Healthcare (The NHS)
The most direct benefit is the National Health Service. Unlike many other countries, your taxes ensure that:
Emergency Care: A&E visits and ambulance services are free at the point of use.
Hospital Treatment: Surgeries, cancer treatments, and overnight stays are covered.
GP Services: Consultations with your local doctor don't cost a penny.
2. Social Security and Pensions
A huge portion of tax revenue (specifically National Insurance) goes toward the Department for Work and Pensions (DWP) to provide a safety net:
State Pension: Regular payments once you reach retirement age.
Unemployment Support: Benefits like Universal Credit if you lose your job.
Disability Support: Payments like Personal Independence Payment (PIP) for those with long-term health conditions.
3. Education and Childcare
Taxes fund the development of the next generation:
State Schools: Free primary and secondary education for all children.
Higher Education: While students pay tuition, the government provides the massive up-front loans required to attend university.
Childcare: Schemes like "30 hours free childcare" for working parents of toddlers.
4. Public Safety and Infrastructure
Your taxes pay for the "unseen" systems that keep the country running:
Emergency Services: Funding for the Police, Fire Brigade, and Coastguard.
Infrastructure: Building and maintaining motorways, A-roads, and bridges.
The Environment: Funding for the Environment Agency (flood defenses) and waste management.
Defense: Funding the British Army, Royal Navy, and RAF to ensure national security.
5. Local Community Services
If you pay Council Tax specifically, that money stays local to fund:
Bin Collections: Weekly or fortnightly waste and recycling services.
Street Lighting & Maintenance: Keeping pavements safe and fixing potholes.
Libraries and Parks: Public spaces that are free for everyone to use.
Where does £1 of your tax go?
To give you a sense of scale, for every £1 spent by the government (based on recent Treasury data):
~25p goes to Social Protection (pensions and benefits).
~20p goes to Health (the NHS).
~10p goes to Education.
~10p goes to Interest on National Debt.
The rest is split between defense, transport, and general public services.

Majority of the Nigerian workforce are employed in the private and informal actors of the economy, and most of them are still ignorant of the negative implications of the new tax law until January to march 2027 when the actual tax deductions will be made, that's when it will hit hard, not now!

By all standards a family man with multiple kids earning 400k per month(4.8million per year) is still very poor because that money is not enough for his expenses. But he'll still be taxed heavily
Not to talk of those earning lesser.

And the end of the day you still get no benefit for paying tax.

helinues:
Bro, it's so annoying that they argue confidently on something they have little information above. Imagine how some of them have been sounding on this thread

Oh I see, I didn't even look at your name before I started wasting my time responding to you. I am not surprised you're supporting this, its you helinues

DoTheNeedful:
You are just being overly critical. A minimum wage earner earns 840,000 in a year. Based on the new tax law, the 40,000 on top of the 800,000 is taxed at 15%, which means that a minimum wage earner pay 6,000 naira per year (500 per month) in tax. A minimum wage earner pays more than this in the old tax regime.


Our tax collection rate in Nigeria is one of the poorest even in Africa. The understanding of tax by Nigerians terrible. Many of you need to get it into your heads that tax payment is vital for any society to thrive.

Is that money, 70k even enough for a normal human being per month to live a life of even management, not to talk of taxing it.
A lot of you here supporting this tax shitt have no conscience left

helinues:
Per annum or over gagatum, are you going to be taxed for the first N800k?

Wondering why some of you just like to rant instead of discussing

Where did you even get all what you wrote above from? This thread was created to enlighten people like you who are being deliberately mischievous

I see what you're trying to do. It's either your are misinformed or you are an APC stooge.
Oga stop deceiving people, it is 800k per year which is 67k per month approximately.
Anything above that government will slash your money

We must stop manual elections and enforce full online electronic/automated voting system

Majority of the Nigerian workforce are employed in the private and informal actors of the economy, and most of them are still ignorant of the negative implications of the new tax law until January to march 2027 when the actual tax deductions will be made, that's when it will hit hard, not now!

By all standards a family man with multiple kids earning 400k per month is still very poor because that money is not enough for his expenses. But he'll still be taxed heavily
Not to talk of those earning lesser.

And the end of the day you still get no benefit for paying tax.

See how all of them are killing themselves.

26 years of democracy and the country keeps drowning and getting worse because of the same set of politicians yet, Nigerians will never learn, and that's why life in this country will continue to be hard for the majority because they're all dvmb.

You all pose a serious risk to a very few sane minds like me left in this hell hole.

Y'all can keep living in bondage, very annoying citizens behaving like they're under a speLL !!

Upon all the Tax they've been collecting, all the crude oil money and money saved from subsidy removal and naira floating

The kind of inflation wen go hit Una this between now and 2027 and beyond still dey do press up.
And mark my words just like subsidy removal worsened life for Nigeria's low and middle class instead of improving it as they promised, this one go worse pass

1000 ways to die.
Welcome to Nigeria!

He wanted to identify with his roots. The so called roots come show am shege.
Make him thank him God say him get dual citizenship,if not!!
Frustrating country with the symptoms of corruption written all over it

This is what we're saying.
Corruption of the highest order!!
No accountability whatsoever.
That money was EMBEZZLED.
Same way the so called TAX will be EMBEZZLED.
Nigerians should know that how that tax will be stolen without accountability has already been mapped out
So get ready to start SLAVING for the government without any benefits as is done in other countries

I don't know why some people like supporting rvbish. The kind of inflation that will hit people next year is still doing press up
You can imagine a local manufacturer like dangote paying tax of over 40% on cement and passing it on to the consumers. The Inflation is inevitable, hence d high cost of dangote cement compared to other countries where it's exported to.

Now imagine how this will affect the prices of goods and services going forward from 2026 with the enforcement of the new tax law.
Thats some serious inflation brewing up there.
And we are just docile about it instead of being proactive.
Tax should not be more than 10% of PBT, in a country like Nigeria with enormous natural resources than most countries in the world.

motymop:
Too many uneducated people in Nigeria.

He is right.

The new tax law does not tax poverty but the rich.

If you are poor, you will pay no tax

If you are rich you pay a fair tax.

Too many sheeps just listening to propagandists

Oga you're the uneducated one here instead.
Use your brain.
The tax rate is even too high for a country who has majority of its citizens living below the poverty line.
They say poor people (anybody earning 800k annually or 67k monthly), won't pay tax, meaning that a family man with 4 kids earning 68k to 300k monthly which is not even enough to cater for the family will have his salary slashed because they feel by their definition he's not poor.
Nigerians are just too docile.
Bunch of weak followers

If we don't oppose it, the government will divide your savings by four and take one part of it from whatever you save next year as tax

awesomeJ:
I also shattered my 2% margin ceiling.

Net margin for the session was 3.67%

What stock gave you this ROI

government should reduce the tax on the health sector and avoid insisting that businesses providing health services should pay same tax as others sectors else we risk inflation in the already fragile and expensive health sector!!
This is common sense, but the greedy and corrupt government don't care

Tayorshd87:
Tax are only meant for people that earn up to 800k and above so if you earn less then why are u disturbing yourself

Oga pls do your research properly before coming online.
It's 800k annually, which is approximately 67k monthly.
If you earn 68k or more they will take a share from your money

Xavicosim:
We don't afraid of tax but we are afraid of implementation of taxe. Because we don't trust our leaders and they know themselves they're not loyal to Nigerians.

The tax rate is even too high for a country who has majority of its citizens living below the poverty line.
They say poor people (anybody earning 800k annually or 67k monthly), won't pay tax, meaning that a family man with 4 kids earning 68k to 200k monthly which is not even enough to cater for the family will have his salary slashed because they feel by their definition he's not poor.
Nigerians are just too docile.
Bunch of weak followers

cocolacec:
Taxation is a civic duty of eVery citizen in every nation.


https://www.youtube.com/watch?v=3ib7GAMufvk

And what is the fundamental duty of government to their citizens in every society?
Pls don't be a dvmb citizen.

Why are they so desperate on this tax issue, but they've blatantly ignored the duty they owe the Nigerian s, many of which have been paying tax.
Here is a breakdown of the primary benefits UK citizens receive from their tax contributions (Income Tax, National Insurance, and VAT).
1. Healthcare (The NHS)
The most direct benefit is the National Health Service. Unlike many other countries, your taxes ensure that:
Emergency Care: A&E visits and ambulance services are free at the point of use.
Hospital Treatment: Surgeries, cancer treatments, and overnight stays are covered.
GP Services: Consultations with your local doctor don't cost a penny.
2. Social Security and Pensions
A huge portion of tax revenue (specifically National Insurance) goes toward the Department for Work and Pensions (DWP) to provide a safety net:
State Pension: Regular payments once you reach retirement age.
Unemployment Support: Benefits like Universal Credit if you lose your job.
Disability Support: Payments like Personal Independence Payment (PIP) for those with long-term health conditions.
3. Education and Childcare
Taxes fund the development of the next generation:
State Schools: Free primary and secondary education for all children.
Higher Education: While students pay tuition, the government provides the massive up-front loans required to attend university.
Childcare: Schemes like "30 hours free childcare" for working parents of toddlers.
4. Public Safety and Infrastructure
Your taxes pay for the "unseen" systems that keep the country running:
Emergency Services: Funding for the Police, Fire Brigade, and Coastguard.
Infrastructure: Building and maintaining motorways, A-roads, and bridges.
The Environment: Funding for the Environment Agency (flood defenses) and waste management.
Defense: Funding the British Army, Royal Navy, and RAF to ensure national security.
5. Local Community Services
If you pay Council Tax specifically, that money stays local to fund:
Bin Collections: Weekly or fortnightly waste and recycling services.
Street Lighting & Maintenance: Keeping pavements safe and fixing potholes.
Libraries and Parks: Public spaces that are free for everyone to use.
Where does £1 of your tax go?
To give you a sense of scale, for every £1 spent by the government (based on recent Treasury data):
~25p goes to Social Protection (pensions and benefits).
~20p goes to Health (the NHS).
~10p goes to Education.
~10p goes to Interest on National Debt.
The rest is split between defense, transport, and general public services.
Would you like me to find out how much of your specific salary goes toward these different services using a tax calculator?

This is what we should be protesting about.