ESV.SON OF MALLAMS 🦇

Son|Man|Husband|Father| Muslim| Politics and Football ⚽|Agriprenuer 🐔& Aquaculture 🐬| my retweet is endorsement

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

Dread it,Run from it, Destiny still Arrives!

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@Fact I prefer country side, there's too much noise in the city. I love my peace!

[JP Attueyi @jpattueyi]

Let me explain one thing the new tax law quietly changes and why it matters more than tax rates.

Most conversations around the new tax law focus on:
• who pays more
• who pays less
• exemptions
• minimum wage
• VAT, CGT, WHT
But one of the most important changes is procedural, not numerical.

The law significantly strengthens presumptive and estimated assessments, and most people don’t understand what that means.

Under the new framework, tax is no longer determined only by what you declare.
It can now be determined by what the tax authority believes is reasonable, based on available data.

This includes:
• bank inflows
• third-party information
• lifestyle indicators
• transaction volumes
• industry benchmarks
If your records are incomplete, inconsistent, or unclear, the law allows the tax authority to estimate your income.

And here is the dangerous part:

Once an estimated assessment is raised, the burden shifts to YOU to prove it is wrong.

Not the taxman.
You. You are guilty until proven innocent.

Saying “I didn’t earn that much” is not evidence.
Saying “check my bank statement” is not enough.
Saying “it was a gift” without documentation carries no weight.

In tax law, explanations are not proof.
Only records are.
This is why the new tax regime feels unsettling to many people, even where headline tax rates appear lower. The system has moved from:
“Tell us what you earned.”
to
“Show us why our assumption is wrong.”

That is a fundamental shift.
It also explains why:
• mixed personal and business accounts are now dangerous
• undocumented cash movements attract attention
• FX conversions without traceable trails raise questions
• relying on memory is no longer safe
Another misconception is that estimated assessments only apply to “big companies.”

They don’t.

They apply most aggressively to:
• professionals
• freelancers
• consultants
• traders
• agents
• SMEs
• anyone with visible inflows but weak structure

In fact, large companies with strong documentation are the least affected.

The people most exposed are those who earn legitimately but cannot clearly explain money movement over time.

This is also why the new law puts so much emphasis on:
• record keeping
• reporting obligations
• third-party disclosures
• cooperation with information requests

The system assumes you are crook then tells you to prove you are not.

Under the new tax law, you can be honest, compliant in spirit, and still lose if your documentation is weak.

Tax survival in this era is not about cleverness or avoidance.
It is about structure.

The people who will navigate this system successfully are not those who argue best, but those who prepared quietly before questions were asked.

That is the real lesson of Nigeria’s new tax posture.

And it is the part that very few people are preparing for.

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@FTBLsection If you can't keep up again, you will be forgotten like you never existed. Jara e!

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

Arsenal is arguably the most popular team in England.

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@eurofootcom @guardian All these agenda against arsenal will not fly, why not propose the same rule during the time of stoke City!

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@SirLeoBDasilva Why are u wishing him quick recovery? you're an enemy of progress btw😂

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@muslimsconnect0 MSSN is bida'h. Every other form of society in the name of Islam is bida'h,any person that support MSSN is 'dool-Mudil' do not listen to them. The only name Allah and his messenger (SAW) recognize is Ahlu-Sunnah wal-jammah(Salaf)pls be guided!

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@NOA_Nigeria @FMINONigeria @LanreIssaOnilu It's obvious that this land belongs to our father

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@muslimsconnect0 @officialABAT Ataoheed first...... without it nothing works!

[Nigerian Bar Association @NigBarAssoc]

The Nigerian Bar Association has formally notified the Nigeria Police Force of the pendency of Suit No. FHC/ABJ/CS/1821/2025 challenging the legality of the tinted permit policy. The NBA has demanded an immediate abatement of all acts in disregard of the court and has further resolved, through NBA-SPIDEL, to proceed with contempt and disciplinary proceedings against any erring officers.

The rule of law must prevail!

[OPEOLUWA 😎😎 @OpeBee]

This is a pretty solid argument.

Head or tail, the increase of passport fee by over 100% is ill timed and ill advised.

Sometimes the governments act as if it’s disconnected from the people.

How much more revenue will passport sale generate that we cannot forgo and look elsewhere for revenue ?

It doesn’t make sense.

[卄ㄩ爪ᗪ工刀ム乇尺🥷 @envymandias]

@mikecokere Damn.

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@enisullyman Barr.Kunle Sulyman @Babatheyouth as we fondly call him😁 handsome, knowledgeable,full of wisdom and an OG. I Love Love the man. May Allah Continue to bless him. The resemblance is very striking gon nio!

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@NigeriaStories Take your #10k and handshake

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@WelBeast Winning the both of them

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@GazetteNGR Bittered and miserable family.

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@channelstv These people are so foolish, the school does not belong to any of you. The owner of the school renamed his school and you're whining! You better go sly

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@SundayOOliseh Malaria Vaccine should be available in Nigeria already! Baba!

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@alexlobaloba Happy Days 😁😁😁

[ESV.SON OF MALLAMS 🦇 @OLOLUBASH]

@BowTiedVitamins @grok fact check this statement and list the potential risk of taking too much vitamin C