News
FG Clarifies Personal Income Tax Exemption for Low-Income Earners Under New 2026 Tax Framework
FG Clarifies Personal Income Tax Exemption for Low-Income Earners Under New 2026 Tax Framework
The Federal Government (FG) has clarified that low-income earners remain exempt from personal income tax (PIT) under the new tax framework that took effect on January 1, 2026, following widespread criticism and misinformation.
In a statement issued on Thursday, Tanimu Yakubu, Director-General of the Budget Office of the Federation, explained that the N800,000 annual tax-free threshold is the cornerstone of the revised tax structure. Under the new system, the first N800,000 of annual income attracts a zero per cent tax rate, a provision deliberately overlooked by critics who claimed the reforms would tax the poor.
Using a hypothetical example, Yakubu noted that a worker earning N75,000 per month would have an annual income of N900,000, meaning only N100,000 is taxable. After accounting for pension contributions and deductible health insurance, the taxable amount could fall below the threshold, resulting in zero tax liability.
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“Temporary deductions are not taxes; they directly benefit workers and reduce taxable income, demonstrating protection rather than exploitation,” Yakubu stated, urging the public to distinguish deductions from levies.
The DG also criticised the misuse of global poverty benchmarks, such as the World Bank’s $4.20-per-day poverty line, warning that converting it to naira without considering purchasing power parity distorts its intent.
Yakubu further emphasised that widening the tax base does not automatically mean taxing low-income earners. Instead, it can involve improving compliance among high earners, capturing participants in the informal economy, and closing loopholes.
Responding to claims that the reforms were politically motivated, Yakubu dismissed the argument as misrepresentation and selective accounting, noting that pension and health insurance contributions are not taxes but deferred earnings and insurance payments.
He concluded that the new personal income tax structure explicitly protects low-income earners, and claims to the contrary were driven more by narrative framing than actual law. The government reaffirmed that the reforms aim to strengthen revenue collection, reduce dependency on borrowing, and maintain fairness in the taxation system.
FG Clarifies Personal Income Tax Exemption for Low-Income Earners Under New 2026 Tax Framework
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News
We Must Build Beyond the Next Elections’ — Shettima
We Must Build Beyond the Next Elections’ — Shettima
Vice-President Kashim Shettima has called on political leaders to look beyond election cycles and leave behind institutions that can continue to benefit Nigerians.
His remarks came at the Abuja presentation of Brigadier Musa Usman (1940–1991): Service and Impact, a book documenting the life and public service of the late military governor of the former North-Eastern State.
Represented by Aliyu Modibbo Umar, Shettima said leadership should be measured by the value that remains after an administration has left office.
“We must recover the spirit of selflessness in public service,” he said, urging leaders to “build beyond the next elections and think beyond political boundaries.”
He listed reconstruction, agriculture, education, transport, energy, industrialisation, jobs, environmental restoration, peace and security among areas where leaders must take a long-term approach.
The Vice-President pointed to Musa Usman’s administration as an example of how development can outlive a political tenure. Usman governed the former North-Eastern State from 1967 to 1975, and the region he once administered now covers six states in the North-East.
Shettima said Usman played a major role in developing Maiduguri and establishing infrastructure and institutions that later administrations were able to build upon.
Governor Babagana Zulum, who spoke at the event, described Usman as a leader who combined effective governance with integrity, discipline and humility.
Zulum said the late governor’s contributions included investments in education, healthcare and infrastructure, as well as efforts to strengthen the region’s economy.
The book, written by journalists Mahmud Jega and Theophilus Abbah, also traces Usman’s military career and his rise to leadership at a young age. It was published to preserve his record and the history of the former North-Eastern State.
Shettima said preserving such history could help younger Nigerians understand that lasting public service is about strengthening institutions and improving lives, rather than simply holding office.
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News
I Wanted to Disgrace Tinubu — Omokri Reveals What He Discovered at Chicago Varsity
I Wanted to Disgrace Tinubu — Omokri Reveals What He Discovered at Chicago Varsity
Nigeria’s ambassador-designate to Mexico, Reno Omokri, has recounted what he described as an unexpected twist during his visit to Chicago State University (CSU) in the United States, saying he initially travelled there with the intention of scrutinising President Bola Ahmed Tinubu’s academic history.
Omokri, a former aide to ex-President Goodluck Jonathan and now a diplomatic appointee of the Tinubu administration, reportedly made the disclosure while recounting his earlier position on the controversy surrounding the President’s academic credentials.
According to the account circulating online, Omokri said his original objective was to find information that could be used to discredit Tinubu, particularly amid years of controversy over the President’s educational background.
However, he said what he encountered at the university changed his understanding of the matter.
Omokri was quoted as saying that he went to Chicago State University with a predetermined objective—to investigate Tinubu and, if possible, expose inconsistencies that could damage the President politically.
But, according to his account, the findings did not produce the outcome he expected.
Instead, he said he became convinced that Tinubu had genuinely been admitted to and attended Chicago State University.
The development is significant because Tinubu’s educational history has remained one of the most contentious issues surrounding his political career, particularly since the 2023 presidential election.
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The controversy intensified in 2023 when former Vice-President Atiku Abubakar obtained a United States court order compelling Chicago State University to release documents relating to Tinubu’s academic records.
The records were subsequently released following the order of a US federal judge. Reports at the time said the university’s records confirmed that Tinubu attended the institution and graduated in 1979.
CSU Registrar Caleb Westberg also testified under oath that Tinubu had attended and graduated from the university.
However, the controversy did not completely disappear because questions were raised about the specific diploma submitted by Tinubu to Nigeria’s electoral authorities.
Reports of the US proceedings indicated that the university had Tinubu’s academic record but could not authenticate a particular diploma presented to Nigerian authorities because that exact document was not in the university’s possession.
Against that background, Omokri’s reported admission represents a striking change in tone, considering his earlier opposition to Tinubu.
His account suggests that his visit to Chicago State University was initially motivated by political scepticism but ultimately left him convinced that there was indeed a genuine academic connection between Tinubu and the institution.
The development has generated reactions on social media, with supporters of the President viewing Omokri’s account as further vindication of Tinubu’s claim that he attended the Chicago university.
Critics, however, are likely to maintain that the issue was never simply whether Tinubu attended Chicago State University, but also concerned questions surrounding documents, identity details and the certificate submitted to the Independent National Electoral Commission (INEC).
The available reporting from the 2023 legal proceedings provides an important distinction. There is substantial documentary evidence that Tinubu attended Chicago State University and graduated in 1979. CSU’s registrar testified to his attendance and graduation, while the university released academic records pursuant to a US court order.
At the same time, the controversy over the particular diploma submitted to INEC was not identical to the question of whether Tinubu attended the university.
That distinction has continued to fuel political arguments between supporters and opponents of the President.
Tinubu’s education has remained a recurring political issue since the 2023 election, with opponents repeatedly questioning aspects of his academic credentials, while his supporters argue that the available university records establish his attendance and graduation.
The latest account attributed to Omokri therefore adds another dramatic chapter to a controversy that has survived the election, court battles and the release of university records.
For Omokri, the story appears to have taken an unexpected turn: he said he went looking for ammunition against Tinubu but returned convinced that the President was, in fact, admitted to Chicago State University.
I Wanted to Disgrace Tinubu — Omokri Reveals What He Discovered at Chicago Varsity
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Interview
“Not as Corrupt as the World Thinks”: Reno Omokri Defends Nigeria’s Image and Safety
Citing economic growth and safe public festivals, Reno Omokri urges the nation to tell its own story rather than rely on external perception indexes.
Nigeria is not nearly as corrupt or unsafe as foreign reports claim, according to Reno Omokri, Nigeria’s Ambassador-designate to Mexico. In a television interview on Channels Television, Omokri explained that international assessment groups often misunderstand Nigerian customs because they apply global benchmarks that ignore local traditions.
A central issue, Omokri noted, is how different cultures view appreciation. In Nigerian society, offering a gift to say thank you to an official who provides excellent service is a familiar sign of respect, much like tipping in other parts of the world.
However, international observers often label this practice as corruption. Omokri stated that the country needs to share its own experiences directly with the world rather than allowing outside groups to set a negative narrative.
Omokri also defended the country’s safety record by pointing to Lagos, where the economy has expanded steadily and major cultural events draw massive crowds.
He highlighted the annual holiday season in Lagos, which brings more than one million visitors together peacefully each year. For Omokri, these vibrant events show that everyday life in Nigeria is full of energy, community warmth, and safety.
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