Chai! Big news don land for Naija ground as Federal Inland Revenue Service (FIRS) don talk say your National Identification Number (NIN) go automatically serve as your Tax Identification Number (Tax ID). E be like magic, true true! This one go start from January 2026, just as Naija dey prepare for the new tax law wey dey enter wahala.

So, wetin be the gist? FIRS don finally clear the air for all those wey dey panic say dem go need another number to fit use their bank account or do any business transaction. Na so e be! for this new arrangement, the NIN wey plenty people don collect already go stand as your Tax ID. How many people wey don collect this NIN? Over 123.9 million Nigerians don chop this number since last year.

In case you dey run business, your Corporate Affairs Commission (CAC) registration number go also serve as your tax ID. That means no need for separate registration or stress. Just make you dey sabi say this Tax ID wey FIRS don set up go unify all the other tax numbers wey dem don dey issue before into one fine number. No wahala!

This new law wey dem dey call Nigeria Tax Administration Act (NTAA) go enter full force by January 2026. E dey important as e go ensure say all people wey dey earn taxable income go contribute their own share for tax wey fit help build the country. If you dey hustle and you no dey earn anything, say you be student or dependent, no need to fear – no Tax ID for you. FIRS don clear the air, my people!

Omo, Taiwo Oyedele, wey dey lead the Presidential Fiscal Policy and Tax Reforms Committee don also calm our minds by telling us say no be everybody go need Tax ID before January 2026. Only people wey get taxable income go need am. If you dey sell pure water or sugar cane, you need am; but if you dey chop school or you no dey earn anything, make you relax.

FIRS don dey shout make we ignore any fake news wey dey fly around. No say your bank account go freeze or dem go start to dey collect money from your pocket! E be misinformation, and we no sabi follow anything wey dey confuse us. Taiwo talk say for your account to dey collect any money, e go need proper legal action. So, make no fear, your account dey safe!

The new tax framework dey sweet and e go make tax matters easier for everybody. So, if you dey hustle and you fit collect NIN, you don gree enter the tax net. E no mean say you dey pay money anyhow, but it go help the government see who dey earn what. If you get wahala, just visit the Joint Tax Board portal or any FIRS office, and you fit register freely.