New VAT Formula Boosts States' Share to 55% in 2026
Nigeria's new VAT sharing formula, effective January 2026, shifts N461.27bn to states. Federal allocation drops to 10%. Discover the state-by-state impact and fiscal future.
Category : Search result: illegal VAT charges Nigeria
2025 Tax Reforms: Nigeria's Path to Fiscal Stability
Nigeria's 2025 Tax Acts aim to rebuild the nation's fiscal architecture, protect low earners, and drive digital compliance. Discover the long-term strategy beyond the revenue debate.
CRIRS Suspends Tax Assessments for Reform Review
Cross River IRS suspends new tax assessments to align with the 2025 Tax Act, aiming to curb leakages and enforce digital payments. Rangers also train to combat illegal mining in the national park.
Police Bust Crime Syndicate, Recover Weapons in Delta
Delta State Police Command arrests key suspects, recovers cache of high-grade weapons in operations across Delta, Bayelsa, and Rivers states. Read the full details of the breakthrough.
Ogun Sanctions 7 Firms for Illegal Refuse Dumping
OGWAMA has sanctioned seven companies for illegal refuse dumping in Ogun State. The authority intercepted waste trucks and enforced penalties. Read more.
SEC Warns Against Illegal Online Investment Platform
Nigeria's SEC warns the public against Voya Investment Management, an unregistered online platform falsely claiming regulatory approval. Verify all investment firms before committing funds.
Lady Laments N23k VAT on N181k Restaurant Bill
A Nigerian lady's viral TikTok video exposes a N23,000 tax charge on a N181,000 restaurant bill, sparking debate on new tax policies and hidden costs in Lagos eateries. See the full breakdown and public reaction.
Lady cries out over N23k VAT on N181k restaurant bill
A Nigerian lady's viral TikTok video exposes a hefty N23,000 tax charge on a N181,000 restaurant bill, sparking debate on new tax policies and business practices in 2026.
Nigeria's Tax Reform: 10 Ways States Will Benefit
Nigeria's proposed tax reform bills aim to reshape fiscal federalism, granting states more autonomy and revenue. Discover the 10 key benefits set to transform governance and infrastructure.
Oyo Govt Suspends Monarch Over Illegal Mining
The Oyo State Government suspends the Sobaloju of Ofiki, Chief Jacob Adefabi Sobaloju, for alleged illegal mining and violating Executive Order 001/2023. Read the full details of the investigation and government action.
Nigerian Lady Alarms Over Huge VAT on ₦3m Goods
A Nigerian lady's viral TikTok video exposes alarming VAT charges at an Ikeja store, sparking a national conversation on Nigeria's new tax law implementation and consumer rights.
OPay's N9,999 Transfer Feature Aids Nigerians on Tax
Nigerians celebrate as OPay adds a N9,999 transfer option to help users avoid new electronic tax charges. See user reactions and expert analysis on the fintech's market move.
Woman Calls Out Vendors Over Illegal VAT Charges
A Nigerian woman raises alarm over vendors illegally charging 'VAT' on everyday purchases. She shares shocking examples and calls for government intervention. Read her full story.
Drivers Union Rejects 10% Tax on E-hailing Trips
The Amalgamated Union of App-based Transporters of Nigeria rejects a new 10% tax burden on inDrive trips, calling it discriminatory. Read their full demands.
Influencer charged N487,500 VAT on N6.5m purchase
Social media influencer Rita 'Raye' Ushie cries out after being charged a huge 7.5% VAT on a N6.5 million purchase for her tech startup. See public reactions and why NANS plans protests.
Man Cries Out Over N50 Tax on N10k Transfer in 2026
A Nigerian man raises alarm after N50 was deducted for a N10,000 transfer, signaling the start of new 2026 tax laws. Get the full story and public reactions here.
Five Arrested in Abuja for Illegal Mining, Impersonation
NSCDC's Mining Marshals arrest five men in Kuje, Abuja, for illegal mining and impersonating security officials. Suspects used a marked Hilux to bypass checkpoints. Read more.
41 Die in South Africa Circumcision Initiation
At least 41 young men have died in South Africa's traditional initiation schools. Authorities blame negligence and illegal facilities. Read the full report.
Firm Disputes FHA Claims Over Gwarinpa Land
Tulwu Integrated Ltd counters Federal Housing Authority's encroachment allegations, presents documents, and claims illegal demolition and assault occurred. The court case continues in January 2026.
Barber Adds VAT to Haircuts Ahead of 2026 Tax Law
A Nigerian man's viral post reveals his barber adding a 7.5% VAT charge from January 1, 2026, sparking debate on the new tax law's reach. Read more about the public reaction.
Bayelsa Bans Timber Transport, Stops Dredging
Bayelsa State Government bans movement of forest products and suspends all dredging activities from January 1, 2026. Commissioner Ebi Ben Ololo warns of arrests for violators. Protect the environment now!
New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
Army Arrests 19 Oil Thieves, Destroys 22 Illegal Refining Sites
Nigerian Army's 6 Division, in a sustained operation, has arrested 19 suspects and dismantled 22 illegal refining hubs in the Niger Delta, recovering over N150 million worth of stolen crude. Read the full report on the crackdown.
FG: New Tax Laws to Support Airlines, Not Harm Them
The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.
Substitute Teacher, Boyfriend Face Child Abuse Charges
A former Texas substitute teacher and her boyfriend are jailed on charges of aggravated assault of a child and possessing illegal material. Read the full story.
Army arrests 19 oil thieves, destroys 22 bunkering hubs
Nigerian Army's 6 Division, in a major crackdown, has arrested 19 suspects and destroyed 22 illegal refining sites in the Niger Delta, recovering stolen products worth over ₦150 million. Read the full report.
Police recover illegal firearm in Lagos stop-and-search
Lagos Police recover a locally made firearm in Ishashi during a routine patrol. The command reaffirms stop-and-search as a key crime prevention strategy. Read more on the latest security efforts.
Northern Governors' Bold Security Plan for Regional Recovery
Northern Governors and traditional rulers have launched a unified security plan, suspending mining for 6 months and creating a N1bn monthly fund. Can this bring lasting peace?
Lawal Seeks Security Collaboration, Chinese Firms Deny Illegality
Zamfara Governor Dauda Lawal urges stronger federal security collaboration to tackle insecurity. Meanwhile, Chinese mining companies deny involvement in illegal activities and fueling terrorism.
Why Insecurity Persists in Northcentral, Northwest — Experts
New research reveals how illegal mining, weak governance, and community exclusion drive violence in North-Central and North-West Nigeria. Experts warn blanket bans may worsen the crisis. Discover the evidence-based solutions.
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