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50 Tax Exemptions and Reliefs for Nigerians Under New Reform Laws

Starting January 1, 2026, Nigerians — including minimum wage earners and small business owners — are set to enjoy tax reliefs and exemptions under the country’s new tax reform laws. Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, announced in a post on X on Monday that the reforms include 50 different tax exemptions and relief measures aimed at easing the financial burden on citizens and boosting economic growth. He said that with the implementation of the law from 1 January 2026: 1. individuals earning the N70,000 national minimum wage or less will be exempted from personal income tax (PAYE). 2. Individuals whose annual gross income is N1,200,000 (translating to about N800,000 taxable income) is exempt. 3. There will be reduced PAYE tax for those earning annual gross income up to N20 million. 4. Gifts received will also not be taxed. 𝐀𝐥𝐥𝐨𝐰𝐚𝐛𝐥𝐞 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬 & 𝐑𝐞𝐥𝐢𝐞𝐟𝐬 𝐟𝐨𝐫 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬 - for N...

CSU certificate: Prove alleged forgery beyond reasonable doubt, S’Court tells Atiku.

The Chairman of the Supreme Court panel hearing the appeals against the election of President Bola Tinubu, Justice John Okoro, told the Peoples Democratic Party standard bearer in the February presidential election on Monday, that Atiku Abubakar, must prove the allegation of certificate forgery levelled against the ex-Lagos State governor beyond reasonable doubt. Okoro handed down the admonition during the hearing of the election petition appeals filed by Atiku and Peter Obi of the Labour Party.  

The World Health Organization (WHO) hails DEXAMETHASONE

The World Health Organization (WHO) hails DEXAMETHASONE The World Health Organization (WHO) hailed as "great news" initial clinical trial results that showed a cheap and widely used steroid called dexamethasone can help save the lives of critically ill Covid-19 patients. WHO on Wednesday welcomee initial positive results by a team from Oxfor University on how Dexamethasone drug contributed to lesser death cases among coronavirus patients, who needed ventilators WHO Director General Dr. Tedros Adhanom Ghebreyesus, at an online news conference in Genvea, hailed the accomplishment but said the drug nevertheless showed effectiveness in treating less critical cases. Dex has been in use since 1969 and is used to treat inflammation and some types of cancer. WHO has been calling on countries to conduct tests, isolate infectees and trace those who came into close contact with them.

Residence Doctors begin Nationwide strike

The National Association of Resident Doctors of Nigeria on Monday commenced a nationwide strike after the expiration of a 14-day ultimatum. The National President of NARD, Dr Aliyu Sokomba, had in a circular last week said the association found it necessary to take “the painful decision” following the inability of the Federal Government to meet its demands