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  • #NigeriaFarmers: WE MUST NOT STOP BLAMING THE NIGERIA FARMERS, But we must also know that every cheap imported food into Nigeria is because the governments of India, Thailand, Vietnam etc have spent Hundreds of billions of Dollars Supporting their farmers over the past 100years. Just like
    @realDonaldTrump
    is spending $10billion supporting US Farmers due to Government Tariff Policy.

    Nigerians are used to blaming the small man who is barely surviving and supporting the killing politicians and demonic elites. Na our way, so I can never be surprised by what is happening, but let me ask the following questions....

    1. who is responsible for the rising cost of fertilizer and farm inputs making it almost impossible to Farm in Nigeria today? The Nigeria Farmers I guess!

    2. Who is responsible for the escalating cost of transportation and logistics? I believe it is the Nigeria Farmers too abi?

    3. Who is responsible for the high cost of Energy and insane cost of machinery for production, processing and manufacturing? The Nigeria farmers Again Abi?

    4. Who is responsible for the high cost and challenging process of borrowing, making it impossible for Nigeria farmers to borrow money for agriculture? I believe it is the Nigeria Farmers too Right?

    5. Who is responsible for Government Policies affected all Nigeria Businesses and making it hard to survive as a Nigeria Business person and particularly in Farming? The Nigeria Farmer Again Na!

    6. Who is responsible for the Rural Insecurity making it impossible for the Nigerian to farmer Peacefully and Progressively? The Nigeria Farmer Surely!

    7. Who is responsible for the lack of Rural infrastructure affecting the Rural Farmer? I am talking about roads and basic farm infrastructure to make it easier to farm? I am certain it is the Nigeria Farmer.

    Nigeria Farmers are the only Farmers in the world responsible for everything and provided with literally no support but ultimately blamed for high food prices. When Policies are mostly domiciled in Abuja and State capitals without touching the real rural farmers, the Nigeria Farmer is to Blame.

    The Farmer who is barely surviving is blame for Hoarding, Smuggling, Price hikes and Greed when that farmer most times don't have the capacity to move those goods to the market for sale and has to depend on Middle men to help him or her get goods to the market.

    The Nigeria farmer is always under prices, under appreciated, under valued and mostly ridiculed by the same people he is feeding cheap and with pains.

    Ultimately, Nigerians will know that Until Nigeria Farms, Nigeria is not Working!

    NOTE: No Nigeria Farmer is Hungry and the Images Below are of Habanero Pepper, We are Currently Planting 50,000 including Tomatoes and Bell Pepper. 1,000 Ugwu Plants, 5 Hectares of Soyabeans, 5 Hectares of Cassava and Counting, More than 5 Hectares of Sweet Potatoes. More than 2,500 Producing Palm Trees; 1,000 Mangoes; 2,000 Cashew Trees; 100 Avocadoes; developing 30hectares of Grapevine, More than 100 pawpaw Trees etc....

    SORRY, NIGERIA FARMERS ARE NOT HUNGRY!
    #NigeriaFarmers: WE MUST NOT STOP BLAMING THE NIGERIA FARMERS, But we must also know that every cheap imported food into Nigeria is because the governments of India, Thailand, Vietnam etc have spent Hundreds of billions of Dollars Supporting their farmers over the past 100years. Just like @realDonaldTrump is spending $10billion supporting US Farmers due to Government Tariff Policy. Nigerians are used to blaming the small man who is barely surviving and supporting the killing politicians and demonic elites. Na our way, so I can never be surprised by what is happening, but let me ask the following questions.... 1. who is responsible for the rising cost of fertilizer and farm inputs making it almost impossible to Farm in Nigeria today? The Nigeria Farmers I guess! 2. Who is responsible for the escalating cost of transportation and logistics? I believe it is the Nigeria Farmers too abi? 3. Who is responsible for the high cost of Energy and insane cost of machinery for production, processing and manufacturing? The Nigeria farmers Again Abi? 4. Who is responsible for the high cost and challenging process of borrowing, making it impossible for Nigeria farmers to borrow money for agriculture? I believe it is the Nigeria Farmers too Right? 5. Who is responsible for Government Policies affected all Nigeria Businesses and making it hard to survive as a Nigeria Business person and particularly in Farming? The Nigeria Farmer Again Na! 6. Who is responsible for the Rural Insecurity making it impossible for the Nigerian to farmer Peacefully and Progressively? The Nigeria Farmer Surely! 7. Who is responsible for the lack of Rural infrastructure affecting the Rural Farmer? I am talking about roads and basic farm infrastructure to make it easier to farm? I am certain it is the Nigeria Farmer. Nigeria Farmers are the only Farmers in the world responsible for everything and provided with literally no support but ultimately blamed for high food prices. When Policies are mostly domiciled in Abuja and State capitals without touching the real rural farmers, the Nigeria Farmer is to Blame. The Farmer who is barely surviving is blame for Hoarding, Smuggling, Price hikes and Greed when that farmer most times don't have the capacity to move those goods to the market for sale and has to depend on Middle men to help him or her get goods to the market. The Nigeria farmer is always under prices, under appreciated, under valued and mostly ridiculed by the same people he is feeding cheap and with pains. Ultimately, Nigerians will know that Until Nigeria Farms, Nigeria is not Working! NOTE: No Nigeria Farmer is Hungry and the Images Below are of Habanero Pepper, We are Currently Planting 50,000 including Tomatoes and Bell Pepper. 1,000 Ugwu Plants, 5 Hectares of Soyabeans, 5 Hectares of Cassava and Counting, More than 5 Hectares of Sweet Potatoes. More than 2,500 Producing Palm Trees; 1,000 Mangoes; 2,000 Cashew Trees; 100 Avocadoes; developing 30hectares of Grapevine, More than 100 pawpaw Trees etc.... SORRY, NIGERIA FARMERS ARE NOT HUNGRY!
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  • Muhammadu Sanusi Lamido II attended the 2025 National Economic Summit.. at Abuja Nigeria
    Muhammadu Sanusi Lamido II attended the 2025 National Economic Summit.. at Abuja Nigeria
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  • Labaran Safiyar Litinin, 13/10/1447AH - 06/10/2025CE.
    Ga takaitattun labaran

    Adadin mai da Najeriya ke hakowa ya ƙaru da kashi 762.5 cikin ɗari, bisa rahoton masana'antar mai ta ƙasa.

    Jam’iyyar ADC ta zargi Shugaba Tinubu da rashin mai da hankali kan yadda matsalar tsaro ke ƙara taɓarɓarewa a ƙasar nan.

    Ministan sufuri, Adegboyega Oyetola, ya ce Najeriya za ta ci gaba da nasarar shirin Deep Blue, tare da ƙoƙarin mayar da ƙasar kujerarta a hukumar IMO ta duniya.

    Rundunar sojin Najeriya ta tsare jami’anta guda 16 bisa zargin saba ƙa’idar aiki.

    Gwamnatin Tarayya ta bayyana farin ciki kan asibitin tiyatar hanta mai zaman kansa da aka gina a Najeriya da kuɗi Naira biliyan takwas (N8b).

    Dakarun sojin Najeriya sun lalata matatun hakar ma’adinai na haram a wasu sassan ƙasar.

    Rikicin cikin gida na jam’iyyar PDP a Jihar Edo ya ƙara kamari, bayan bangaren Wike ya zabi sabbin shugabanni.

    Al’ummar ƙaramar hukumar Kebbe a Jihar Sokoto sun roƙi gwamnati ta ba su damar mallakar makamai domin kare kansu daga harin ƴan bindiga.

    Hukumar FRSC ta tabbatar da mutuwar mutane huɗu a hatsarin mota da ya auku a tititin Kaduna-Abuja.

    Kotun tarayya a Abuja ta ƙi amincewa da buƙatar Ministan kimiyya, Uche Nnaji, wanda yake neman hana Jami’ar Nsukka (UNN) fitar da bayanan karatunsa.

    Gwamna Uba Sani na Kaduna ya amince da biyan Naira biliyan 2.3 ga tsofaffin ma’aikata da iyalan waɗanda suka rasu.

    A Jihar Ondo, ƴan sanda sun kama wani mutum bisa zargin yi wa yarinya ’yar shekara shida duka a garin Ore.

    Rundunar ƴan sanda a Jihar Lagos ta kai samame a wani otel da masu laifi ke amfani da shi, inda ta kama mutane biyu.

    Kotun jihar Oyo ta soke dakatar da ƙungiyar NURTW da Gwamna Seyi Makinde ya yi.

    Ƴan fashin daji sun kashe ɗaya daga cikin kwamandojin maharba a yankin Gangara, ƙaramar hukumar Giwa, Jihar Kaduna.

    A ƙasashen waje, hukumomin China sun ce ma’aikatan ceto a Tibet na ƙoƙarin kaiwa mutane kusan 1,000 da suka makale a tsaunin Everest, mafi tsawo a duniya.

    Babban hafsan sojin Isra’ila ya ce idan tattaunawa da ƙungiyar Hamas ta gaza, za su koma yaƙi a Zirin Gaza.

    Firaministan Georgia na neman soke manyan jam’iyyun adawa a ƙasarsa.

    A Nepal, mutane 47 sun mutu sakamakon zabtarewar ƙasa da ambaliyar ruwa.

    A Faransa, Firaminista Lecornu ya kafa sabuwar majalisar ministoci.

    A Jamhuriyar Dimokuraɗiyyar Congo, ƴan tawayen CODECO sun kashe mutane 14 a lardin Ituri da ke arewacin ƙasar.

    A gasar Premier League, Manchester City ta doke Brentford da ci 1-0.

    A La Liga, Celta Vigo da Atletico Madrid sun tashi 1-1.

    A Serie A, Napoli ta doke Genoa da ci 2-1, yayin da Juventus da AC Milan suka tashi 0-0.
    Labaran Safiyar Litinin, 13/10/1447AH - 06/10/2025CE. Ga takaitattun labaran Adadin mai da Najeriya ke hakowa ya ƙaru da kashi 762.5 cikin ɗari, bisa rahoton masana'antar mai ta ƙasa. Jam’iyyar ADC ta zargi Shugaba Tinubu da rashin mai da hankali kan yadda matsalar tsaro ke ƙara taɓarɓarewa a ƙasar nan. Ministan sufuri, Adegboyega Oyetola, ya ce Najeriya za ta ci gaba da nasarar shirin Deep Blue, tare da ƙoƙarin mayar da ƙasar kujerarta a hukumar IMO ta duniya. Rundunar sojin Najeriya ta tsare jami’anta guda 16 bisa zargin saba ƙa’idar aiki. Gwamnatin Tarayya ta bayyana farin ciki kan asibitin tiyatar hanta mai zaman kansa da aka gina a Najeriya da kuɗi Naira biliyan takwas (N8b). Dakarun sojin Najeriya sun lalata matatun hakar ma’adinai na haram a wasu sassan ƙasar. Rikicin cikin gida na jam’iyyar PDP a Jihar Edo ya ƙara kamari, bayan bangaren Wike ya zabi sabbin shugabanni. Al’ummar ƙaramar hukumar Kebbe a Jihar Sokoto sun roƙi gwamnati ta ba su damar mallakar makamai domin kare kansu daga harin ƴan bindiga. Hukumar FRSC ta tabbatar da mutuwar mutane huɗu a hatsarin mota da ya auku a tititin Kaduna-Abuja. Kotun tarayya a Abuja ta ƙi amincewa da buƙatar Ministan kimiyya, Uche Nnaji, wanda yake neman hana Jami’ar Nsukka (UNN) fitar da bayanan karatunsa. Gwamna Uba Sani na Kaduna ya amince da biyan Naira biliyan 2.3 ga tsofaffin ma’aikata da iyalan waɗanda suka rasu. A Jihar Ondo, ƴan sanda sun kama wani mutum bisa zargin yi wa yarinya ’yar shekara shida duka a garin Ore. Rundunar ƴan sanda a Jihar Lagos ta kai samame a wani otel da masu laifi ke amfani da shi, inda ta kama mutane biyu. Kotun jihar Oyo ta soke dakatar da ƙungiyar NURTW da Gwamna Seyi Makinde ya yi. Ƴan fashin daji sun kashe ɗaya daga cikin kwamandojin maharba a yankin Gangara, ƙaramar hukumar Giwa, Jihar Kaduna. A ƙasashen waje, hukumomin China sun ce ma’aikatan ceto a Tibet na ƙoƙarin kaiwa mutane kusan 1,000 da suka makale a tsaunin Everest, mafi tsawo a duniya. Babban hafsan sojin Isra’ila ya ce idan tattaunawa da ƙungiyar Hamas ta gaza, za su koma yaƙi a Zirin Gaza. Firaministan Georgia na neman soke manyan jam’iyyun adawa a ƙasarsa. A Nepal, mutane 47 sun mutu sakamakon zabtarewar ƙasa da ambaliyar ruwa. A Faransa, Firaminista Lecornu ya kafa sabuwar majalisar ministoci. A Jamhuriyar Dimokuraɗiyyar Congo, ƴan tawayen CODECO sun kashe mutane 14 a lardin Ituri da ke arewacin ƙasar. A gasar Premier League, Manchester City ta doke Brentford da ci 1-0. A La Liga, Celta Vigo da Atletico Madrid sun tashi 1-1. A Serie A, Napoli ta doke Genoa da ci 2-1, yayin da Juventus da AC Milan suka tashi 0-0.
    Like
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    ·806 Visualizações
  • Yanzu yanzu young Sheikh Zaria Da Sauran Malamai Sun Ziyarci Sheikh Ibraheem Zakzaky A Gidan sa Dake Abuja ya Raba Musu Kyautar Qur'ani mai girma.
    Yanzu yanzu young Sheikh Zaria Da Sauran Malamai Sun Ziyarci Sheikh Ibraheem Zakzaky A Gidan sa Dake Abuja ya Raba Musu Kyautar Qur'ani mai girma.
    ·393 Visualizações
  • The Corporate Affairs Commission (CAC) and Medium Enterprises Development Agency of Nigerian (SMEDAN)

    Hukumar Kula da Harkokin Kasuwanci da Hukumar Ci gaban kanana da matasan kamfanoni ta najeriya sun kaddamar da wani shiri na kasa baki daya don bayar da rajistar kasuwanci kyauta ga kamfanoni 250,000 masu karamin girma,

    Wannan damace gare ku don bunkasa kasuwanci tare da samun tallafawa daga federal government

    wadanda suka hada da na nano , micro, da kananan kasuwanci .

    An bayyana wannan shiri a Abuja yayin sanya hannu kan Yarjejeniyar Fahimtar Juna tsakanin hukumomin biyu.(CAC AND SMEDAN)

    Wani sanarwa da hukumomin biyu suka fitar a ranar Jumma'a ta nuna cewa wannan kamfen yana daga cikin ayyukan da ke nuna cikar shekara ta biyu a office din shugaban hukumar hula da Harkokin Kasuwanci, (CAC) Hussaini Magaji, da kuma shugaban Hukumar (SMEDAN) , Charles Odii, wadanda aka nada a watan Oktoba na shekarar 2023.

    Tsarin rajistar kamfanoni ya dade yana zama babbar matsala ga yawancin kananan kasuwanci, inda farashi, takardu, da rashin sanin yadda ake yi ke ci gaba da tsare miliyoyin 'yan kasuwa a fannin kasuwancin ba bisa ka'ida ba. dakuma samun daman tallafin daga gwamnatin,

    Idan kana da hali kayi
    kokari ka mallaki smedan certificate, sabi da tanan be za ayi kyauta, batare da kashe kudin ba,

    Thank you for read and understand my news updates,

    Join my WhatsApp chanal for more update https://whatsapp.com/channel/0029VaF3O0iC1Fu9G6DSKz42

    Sing and create by abu sadikh online registration updates (CEO)

    #viral#challenge#update
    The Corporate Affairs Commission (CAC) and Medium Enterprises Development Agency of Nigerian (SMEDAN) Hukumar Kula da Harkokin Kasuwanci da Hukumar Ci gaban kanana da matasan kamfanoni ta najeriya🇳🇬 sun kaddamar da wani shiri na kasa baki daya don bayar da rajistar kasuwanci kyauta ga kamfanoni 250,000 masu karamin girma, Wannan damace gare ku don bunkasa kasuwanci tare da samun tallafawa daga federal government👉 wadanda suka hada da na nano , micro, da kananan kasuwanci . An bayyana wannan shiri a Abuja yayin sanya hannu kan Yarjejeniyar Fahimtar Juna tsakanin hukumomin biyu.(CAC AND SMEDAN) Wani sanarwa da hukumomin biyu suka fitar a ranar Jumma'a ta nuna cewa wannan kamfen yana daga cikin ayyukan da ke nuna cikar shekara ta biyu a office din shugaban hukumar hula da Harkokin Kasuwanci, (CAC) Hussaini Magaji, da kuma shugaban Hukumar (SMEDAN) , Charles Odii, wadanda aka nada a watan Oktoba na shekarar 2023. Tsarin rajistar kamfanoni ya dade yana zama babbar matsala ga yawancin kananan kasuwanci, inda farashi, takardu, da rashin sanin yadda ake yi ke ci gaba da tsare miliyoyin 'yan kasuwa a fannin kasuwancin ba bisa ka'ida ba. dakuma samun daman tallafin daga gwamnatin, Idan kana da hali kayi kokari ka mallaki smedan certificate, sabi da tanan be za ayi kyauta, batare da kashe kudin ba, Thank you for read and understand my news updates, Join my WhatsApp chanal for more update https://whatsapp.com/channel/0029VaF3O0iC1Fu9G6DSKz42 Sing and create by abu sadikh online registration updates (CEO) #viral#challenge#update
    Like
    1
    ·546 Visualizações
  • Always stay in frame — automatically!
    No be you go dey chase camera, na camera go dey follow you!
    The P02 Auto Face Tracker is your personal cameraman — it moves as you move, keeping you locked in frame for perfect videos, livestreams, and Reels.
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    Website: www.recoasters.com

    #Recoastars #P02FaceTracker #SmartGadget #ContentCreatorTool #AutoFollowCamera #NoBeYouGoChaseCamera #Abuja #Lagos #MoscowUnderground #LekkiCountyHomes #RossyMall #Ikota #Recoasters
    Always stay in frame — automatically! No be you go dey chase camera, na camera go dey follow you! The P02 Auto Face Tracker is your personal cameraman — it moves as you move, keeping you locked in frame for perfect videos, livestreams, and Reels. Get it now for just ₦31,000 and level up your content creation! 📍Walk into any of our stores: Abuja: 35 Ademola Adetokunbo Crescent, Wuse 2 (Moscow Underground) – 📞 09031126247 Lagos: Shop 28 Rossy Mall, Lekki County Homes, Ikota (3rd building after Redeem Church) – 📞 09024722227 🌐 Website: www.recoasters.com #Recoastars #P02FaceTracker #SmartGadget #ContentCreatorTool #AutoFollowCamera #NoBeYouGoChaseCamera #Abuja #Lagos #MoscowUnderground #LekkiCountyHomes #RossyMall #Ikota #Recoasters
    ·977 Visualizações
  • THE NATION’S EYES NEWSPAPER
    September 7, 2025

    New Law: Nigerians Must Obtain Tax ID to Operate Bank Accounts, Businesses by 2026
    BY NOEL CHIAGOROM

    Beginning January 1, 2026, Nigerians will no longer be able to open or operate bank accounts, run businesses, or access financial services without a Taxpayer Identification Number (Tax ID or TIN).

    This landmark reform, contained in the newly signed Nigeria Tax Administration Act, 2025, is being described as the most significant change in Nigeria’s financial and tax system in decades.

    WHAT THE LAW SAYS

    Signed into law by President Bola Ahmed Tinubu in August, the Act makes it compulsory for:

    Individuals: No bank account can be opened or operated without a Tax ID.

    Businesses: From roadside traders to multinationals, all must register for a Tax ID.

    Government Agencies (MDAs): Required to obtain Tax IDs before entering contracts.

    Foreign Suppliers: Must register with the new Nigeria Revenue Service (NRS) before doing business in Nigeria.

    Under Section 8(2) of the Act, banks, insurers, and stockbrokers will be barred from providing services to anyone without a valid Tax ID.

    WHY THE REFORM MATTERS

    Nigeria has long struggled with weak tax compliance:

    Nigeria – 10% tax-to-GDP ratio

    Ghana – 13%

    Kenya – 16%

    South Africa – 27%+

    Global Average – 34%

    Out of 200 million+ citizens, only 10 million are registered taxpayers, while more than 60 million Nigerians hold bank accounts.

    This gap explains why revenue remains poor despite Nigeria’s economic size. Past reforms like the Bank Verification Number (BVN) and the National Identification Number (NIN) improved identity management. Now, the Tax ID mandate is seen as the next bold step to widen the tax net and cut reliance on oil.

    The Act also abolishes the Federal Inland Revenue Service (FIRS), replacing it with the Nigeria Revenue Service (NRS) — a major institutional shake-up.

    IMPLICATIONS FOR CITIZENS & BUSINESSES

    Bank Customers: No deposits, withdrawals, or transfers without a Tax ID.

    Small Businesses: Informal traders must register, creating new compliance obligations.

    Corporate Nigeria: Stricter oversight will reduce tax loopholes.

    Foreign Firms: Non-resident suppliers must comply before doing business in Nigeria.

    PUBLIC REACTIONS

    A civil servant in Abuja expressed concern:

    > “It’s good for accountability, but I fear delays and corruption in the process.”

    A Lagos-based tax consultant welcomed it:

    > “This is long overdue. Without linking tax IDs to financial services, compliance will never improve.”

    RISKS AND CONCERNS

    Exclusion of the Poor: With 38 million adults unbanked, the reform could sideline vulnerable groups.

    Bureaucratic Delays & Corruption: Risk of officials exploiting the registration process.

    Awareness Gap: Millions may miss the deadline, creating chaos at tax offices.

    5 THINGS NIGERIANS MUST KNOW ABOUT THE TAX ID LAW

    1️⃣ Effective Date: January 1, 2026 — no Tax ID, no financial services.
    2️⃣ Who Must Register: Individuals, businesses, MDAs, foreign suppliers.
    3️⃣ Where It Applies: Banks, insurance, stock market, contracts, and business registration.
    4️⃣ Why It Matters: Expands tax net; boosts revenue for development.
    5️⃣ Risks: Exclusion, corruption, delays, low awareness.

    Q & A for Nigerians

    Q1: What is a Tax ID?
    A unique number issued by the NRS for tax purposes, likely linked to BVN and NIN.

    Q2: Who needs it?
    Everyone — individuals, businesses, MDAs, and foreign suppliers.

    Q3: When does it take effect?
    From January 1, 2026.

    Q4: How to register?
    The NRS will publish guidelines. Expected steps include:

    Visit NRS office/center

    Fill application form

    Provide NIN, BVN, valid ID, address, and business documents (if applicable)

    Receive Tax ID

    Q5: What happens if I don’t register?
    You will be unable to operate bank accounts, access insurance/stockbroking, sign government contracts, or run a registered business.

    From January 2026, tax compliance will become a ticket to financial access in Nigeria. This reform is a test of whether government can implement change without worsening hardship. For citizens, it is both a challenge and a call to prepare before the deadline.

    By Noel Chiagorom
    For THE NATION’S EYES NEWSPAPER.
    THE NATION’S EYES NEWSPAPER September 7, 2025 New Law: Nigerians Must Obtain Tax ID to Operate Bank Accounts, Businesses by 2026 BY NOEL CHIAGOROM Beginning January 1, 2026, Nigerians will no longer be able to open or operate bank accounts, run businesses, or access financial services without a Taxpayer Identification Number (Tax ID or TIN). This landmark reform, contained in the newly signed Nigeria Tax Administration Act, 2025, is being described as the most significant change in Nigeria’s financial and tax system in decades. WHAT THE LAW SAYS Signed into law by President Bola Ahmed Tinubu in August, the Act makes it compulsory for: Individuals: No bank account can be opened or operated without a Tax ID. Businesses: From roadside traders to multinationals, all must register for a Tax ID. Government Agencies (MDAs): Required to obtain Tax IDs before entering contracts. Foreign Suppliers: Must register with the new Nigeria Revenue Service (NRS) before doing business in Nigeria. 👉 Under Section 8(2) of the Act, banks, insurers, and stockbrokers will be barred from providing services to anyone without a valid Tax ID. WHY THE REFORM MATTERS Nigeria has long struggled with weak tax compliance: Nigeria – 10% tax-to-GDP ratio Ghana – 13% Kenya – 16% South Africa – 27%+ Global Average – 34% Out of 200 million+ citizens, only 10 million are registered taxpayers, while more than 60 million Nigerians hold bank accounts. This gap explains why revenue remains poor despite Nigeria’s economic size. Past reforms like the Bank Verification Number (BVN) and the National Identification Number (NIN) improved identity management. Now, the Tax ID mandate is seen as the next bold step to widen the tax net and cut reliance on oil. The Act also abolishes the Federal Inland Revenue Service (FIRS), replacing it with the Nigeria Revenue Service (NRS) — a major institutional shake-up. IMPLICATIONS FOR CITIZENS & BUSINESSES Bank Customers: No deposits, withdrawals, or transfers without a Tax ID. Small Businesses: Informal traders must register, creating new compliance obligations. Corporate Nigeria: Stricter oversight will reduce tax loopholes. Foreign Firms: Non-resident suppliers must comply before doing business in Nigeria. PUBLIC REACTIONS A civil servant in Abuja expressed concern: > “It’s good for accountability, but I fear delays and corruption in the process.” A Lagos-based tax consultant welcomed it: > “This is long overdue. Without linking tax IDs to financial services, compliance will never improve.” RISKS AND CONCERNS Exclusion of the Poor: With 38 million adults unbanked, the reform could sideline vulnerable groups. Bureaucratic Delays & Corruption: Risk of officials exploiting the registration process. Awareness Gap: Millions may miss the deadline, creating chaos at tax offices. 📌 5 THINGS NIGERIANS MUST KNOW ABOUT THE TAX ID LAW 1️⃣ Effective Date: January 1, 2026 — no Tax ID, no financial services. 2️⃣ Who Must Register: Individuals, businesses, MDAs, foreign suppliers. 3️⃣ Where It Applies: Banks, insurance, stock market, contracts, and business registration. 4️⃣ Why It Matters: Expands tax net; boosts revenue for development. 5️⃣ Risks: Exclusion, corruption, delays, low awareness. ❓ Q & A for Nigerians Q1: What is a Tax ID? A unique number issued by the NRS for tax purposes, likely linked to BVN and NIN. Q2: Who needs it? Everyone — individuals, businesses, MDAs, and foreign suppliers. Q3: When does it take effect? From January 1, 2026. Q4: How to register? The NRS will publish guidelines. Expected steps include: Visit NRS office/center Fill application form Provide NIN, BVN, valid ID, address, and business documents (if applicable) Receive Tax ID Q5: What happens if I don’t register? You will be unable to operate bank accounts, access insurance/stockbroking, sign government contracts, or run a registered business. From January 2026, tax compliance will become a ticket to financial access in Nigeria. This reform is a test of whether government can implement change without worsening hardship. For citizens, it is both a challenge and a call to prepare before the deadline. ✍️ By Noel Chiagorom For THE NATION’S EYES NEWSPAPER.
    ·1K Visualizações