Omo, gist don land for tax matter wey dey worry many people. Boss man, Taiwo Oyedele wey dey run the Presidential Fiscal Policy and Tax Reforms Committee, don come out to clear the air. E don dey hear say plenty people dey panic about wetin go happen to their bank accounts come January 2026.
According to Oyedele, all those allegations wey talk say government fit go take money from your account, na big fat lie! E talk am clear, say nobody get power to debit anybody’s account without proper law wahala. Na wetin he talk during one media session, and him carry mouth come yarn say make we no allow misinformation scatter our minds.
“Your bank account dey safe; no need for panic,” he talk. These rumors dey effect people wey no know di reality about di new tax law wey dey come. Many dey fear say dem go collect their money by force, but na lie dem dey sell.
Oyedele don also relate as e dey feel say many people don misinterpret di whole tax law wahala. Dem don dey talk say individual wey dey earn above ₦1 million monthly go dey pay more tax, but he don clear am say person wey earn ₦2 million and below go dey pay no tax or even less tax. How e take be? Na wetin dem call taxable income no be wetin dem call gross income o!
Omo, e dey stress say we fit calculate wetin we go pay based on current and new tax laws. E don even build calculator wey people fit use to compare their tax wahala. E talk say even the vulcaniser wey dey earn ₦10,000 daily no go dey pay tax if e follow di new rules, plus plenty small business too go benefit from di reforms.
For di new law, plenty small businesses wey dey earn less than ₦100 million annually no go pay corporate tax, VAT, or withholding tax. Na serious step towards empowerment for low-income earners. E mean say we dey try to lighten di tax load for di people wey dey hustle hard!
Oyedele sabi yan say we need to draw line for disagreement. If any claim say tax law don change and e no follow the real law wey pass, dem go treat am as no be part of di law. Na only the lawmakers fit say wetin dem pass really go fit stand. He come dey vex for di people wey dey try to misconstrue di whole thing to make others fear.
This tax reform na big move for our economy; him dey give hope say things go balance out for ground. Everybody need to relax; no need to dey dey fear things wey no go happen; na confusion dem wan cause!
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