Category Archives: TAXES

In a significant move to ease the economic burden on struggling Nigerians, the administration of President Bola Ahmed Tinubu has approved a bold fiscal reform—exempting individuals earning less than ₦250,000 monthly from paying income tax.This landmark policy shift was announced by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, duringContinueContinue reading “BREAKING: Tinubu Govt Exempts Low-Income Nigerians Earning Below ₦250,000 Monthly From Paying Income Tax”

In a historic move, the Nigerian Ports Authority (NPA) has announced a 15% increase in port charges—the first tariff adjustment in over three decades. The decision, aimed at boosting competitiveness and addressing critical infrastructure deficits, was disclosed by NPA’s Managing Director, Dr. Abubakar Dantsoho, during a maritime stakeholders’ meeting in Lagos on Thursday.Dantsoho emphasized thatContinueContinue reading “Nigerian Ports Authority Announces First Tariff Hike in 32 Years, Increases Charges by 15% to Fund Critical Upgrades”