Those earning N250,000 won't pay tax – FG - Newstrends
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Those earning N250,000 won’t pay tax – FG

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Mr. Taiwo Oyedele as the new Minister of State for Finance
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele

Those earning N250,000 won’t pay tax – FG

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says under the new tax laws, Nigerian households earning N250,000 or less per month should be exempted from personal taxes.

He spoke on ‘Politics Today,’ a Channels Television programme, on Thursday, a few hours after President Bola Tinubu assented to four new tax bills.

According to him, the objectives of the new laws, which would take effect from January 2026, were not intended to increase taxes but to stimulate economic activity in the country and track tax evaders

Oyedele stated that the new laws would also protect businesses and ensure that the government doesn’t tax poverty, adding that the new laws are efficiency-driven, growth-focused, and people-centric.

“This tax law will not give you cash in your pocket, but at least it won’t take your cash away if you are poor,” he said.

Quizzed on what his committee described as a poor household, Oyedele said they “came up with a N120,000 or N130,000 per two people working in a household of five”.

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“If the earnings are about N250,000, they can take care of themselves. Of course, they are not going to have luxury, but at least they can take care of themselves. They are poor, and they shouldn’t pay taxes.”

The tax boss said the tax law will not put cash in their pocket, but at least it will not “take anything out if you’re poor”.

“We have eliminated the tax component for people at the bottom, we have reduced it for people at the middle, and we have increased slightly for people at the top,” he added.

He said while low-income earners will be fully exempt, middle-income households, earning around N1.8 million and N2 million a month, will see lower tax rates, and top earners, those making N2 million and above monthly, will contribute slightly more.

He said the people earning N2 million and above monthly are less than 5 percent of all workers.

He said to arrive at a decision, his committee debated the poverty line of an average Nigerian.

Oyedele said, “We debated this question; we said: ‘Who is a poor person in Nigeria?

“First, we started with data like the World Bank and the UN will tell you two dollars, fifteen cents a day per person means you are at the poverty line but there are people who do not earn two dollars a day but they are not poor because they produce the food that they eat and they do not pay for transportation. I lived and grew up in the village.

“So, we had to factor that in. We drew our own (poverty) line for Nigeria on the basis of an average of five people per family: two people working if they are lucky, taking care of the five.”

Those earning N250,000 won’t pay tax – FG

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Grand Chief Imam Visits DSS Director, Seeks Stronger Security Collaboration in Oyo

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Grand Chief Imam Visits DSS Director, Seeks Stronger Security Collaboration in Oyo

The Grand Chief Imam of Oyo Land, Sheikh Al-Imam Barrister Bilal Husayn Akinola Akeugberu, on Tuesday paid a courtesy visit to the Director of the Department of State Services (DSS) in Oyo State, Mr. Usman Biu, as part of efforts to deepen cooperation between religious leaders and security agencies.

The visit, which took place in Oyo State, focused on strengthening the existing relationship between the Muslim community and security institutions, with an emphasis on promoting peace, unity, and public safety.

Accompanying the Grand Imam was Mallam Ibrahim Agunbiade, a prominent member of the Oyo State Muslim community.

Speaking during the engagement, Sheikh Akeugberu stressed the need for sustained collaboration between religious authorities and security agencies in maintaining societal stability and addressing emerging security threats. He reaffirmed the commitment of the Muslim community in Oyo Land to support lawful authorities in ensuring peace and harmony across the state.

In his remarks, DSS Director Usman Biu expressed appreciation for the visit and lauded the leadership role of the Grand Chief Imam in fostering unity and peaceful coexistence. He assured the delegation of the DSS’s continued resolve to protect lives and property, while encouraging ongoing dialogue with community stakeholders.

The meeting is seen as a step toward enhancing synergy between religious institutions and security agencies in Oyo State, amid growing calls for community-based approaches to tackling security challenges.

Grand Chief Imam Visits DSS Director, Seeks Stronger Security Collaboration in Oyo

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FG Disburses ₦9.9bn Cash Transfer to Vulnerable Households in Ondo

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Minister of Humanitarian Affairs and Poverty Reduction, Mr Bernard Doro
Minister of Humanitarian Affairs and Poverty Reduction, Mr Bernard Doro

FG Disburses ₦9.9bn Cash Transfer to Vulnerable Households in Ondo

The Federal Government, under the leadership of President Bola Ahmed Tinubu, has disbursed about ₦9.9 billion in direct cash transfers to poor and vulnerable households in Ondo State as part of its expanded social protection and poverty reduction programme.

The Minister of Humanitarian Affairs and Poverty Reduction, Mr Bernard Doro, disclosed this during a working visit to Akure, where he met with Governor Lucky Aiyedatiwa as part of a nationwide assessment of the Renewed Hope social intervention initiatives.

According to the minister, the cash transfer programme is implemented under the President’s Renewed Hope Agenda, designed to provide direct financial support to the poorest households and strengthen social welfare systems across Nigeria.

He explained that beneficiaries under the Household Prosperity and Cash Transfer Programme receive ₦75,000 in three tranches, with more than nine million households benefiting nationwide since the rollout began.

Doro stated that Ondo State alone has received “about ₦9.9 billion across successive payment cycles,” covering initial, second, and ongoing phases of the national disbursement programme.

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He added that the initiative reflects the government’s commitment to poverty alleviation in Nigeria, social inclusion, and targeted welfare delivery aimed at reducing economic hardship among vulnerable citizens.

However, the minister raised concerns about low awareness among some beneficiaries, stressing the need for improved grassroots sensitisation to ensure eligible citizens fully understand and access the programme.

He noted that the federal government is currently conducting verification exercises across states, including Ondo, to confirm beneficiaries, validate data, and strengthen transparency in the distribution process.

Doro further explained that the ongoing engagement also serves as a data validation exercise, aimed at improving accountability, enhancing targeting, and reducing inclusion errors in future welfare programmes.

In his remarks, Governor Aiyedatiwa disclosed that Ondo State has recorded about 396,671 beneficiary households across the different payment cycles, describing the programme as one of the largest social intervention efforts in the state.

The governor commended the Tinubu administration for prioritising direct cash support to vulnerable citizens, noting that the initiative has helped cushion the effects of economic challenges at the grassroots level.

He also urged relevant agencies to address challenges linked to National Identification Number (NIN) registration, which he said has affected seamless access to some federal support schemes.

Earlier, at a stakeholders’ meeting in Ibule, Ifedore Local Government Area, the minister said the Federal Government is working on a redesigned national social protection framework to improve efficiency and impact.

He emphasised that stronger community engagement is essential for future interventions to reflect real needs, adding that stakeholder participation remains key to improving delivery of federal cash transfer programmes in Nigeria.

FG Disburses ₦9.9bn Cash Transfer to Vulnerable Households in Ondo

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Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port

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Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port

Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port

The Federal High Court in Port Harcourt has granted an interim forfeiture order on 17 containers of illicit opioids worth ₦33.6 billion, seized by the National Drug Law Enforcement Agency, NDLEA, in one of the largest pharmaceutical drug interceptions in Nigeria’s recent anti-narcotics operations.

The containers were intercepted at the Port Harcourt Ports Complex in Onne, Rivers State, between April and September 2025, during multiple coordinated inspections targeting suspicious cargo linked to drug trafficking in Nigeria.

Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne PortAccording to court filings and NDLEA statements, the shipments contained a massive haul of controlled substances, including 19.6 million pills of Tramadol, Tafrodol, Tapentadol, and Carisoprodol, as well as 2,496,400 bottles of Codeine syrup, with a combined estimated street value of ₦33,691,200,000.

The forfeiture order was issued by Justice Adamu Turaki Mohammed of the Federal High Court, Port Harcourt, following a motion ex parte filed by the NDLEA on February 10, 2026, in suit number FHC/PH/MISC/25/2026.

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In his ruling, the judge ordered that the 17 shipping containers, along with their contents weighing about 365,657 kilograms of psychotropic substances, be temporarily forfeited to the Federal Government of Nigeria pending final determination of the case.

He further directed that custody and possession of the seized containers be handed over to the applicant agency until the conclusion of legal proceedings.

Reacting to the ruling, NDLEA Chairman/Chief Executive, Brig. Gen. Mohamed Buba Marwa (Rtd), described the development as a significant blow to drug cartels operating in Nigeria, stating that the forfeiture effectively dismantles the financial structure behind the illicit trade.

He said the seizure was not only a disruption of supply but a direct hit on the economic backbone of criminal syndicates that profit from the distribution of dangerous opioids, particularly among young people.

Marwa commended the Nigerian judiciary for what he described as swift and firm intervention, noting that judicial cooperation remains critical in the fight against illicit drug trafficking and substance abuse in Nigeria.

He also praised NDLEA operatives attached to the Onne Port Command for their vigilance and professionalism, which led to the detection of the concealed shipments. He acknowledged the support of sister agencies, including the Nigeria Customs Service and other port stakeholders, whose collaboration ensured the success of the operation.

The NDLEA boss further highlighted the role of international intelligence partners in strengthening Nigeria’s anti-narcotics efforts, adding that global cooperation continues to play a key role in intercepting transnational drug shipments.

Authorities say the latest forfeiture reinforces Nigeria’s ongoing crackdown on opioid trafficking networks, which have been identified as a major contributor to drug abuse and public health concerns across the country.

Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port

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