Stephen Njoku

Finance Executive | CISA | Data Protection Consultant | Audit & Compliance Strategist | Helping organi strengthen controls, improve performance & stay compliant

[Trending Explained @TrendingEx]

JUST IN: Femi Gbajabiamila reportedly forged a law, used it to collect ₦54bilion from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), claiming it was an order from Pres. Tinubu. Bayo Onanuga backs him.

He allegedly demanded 4% of NUPRC’s revenue, to be split into two. 2.5% and 1.5%, the latter will be for “upgrading of crude oil and gas metering and transparency systems” — this doesn’t exist in this context. It was his way of illegally collecting the money to himself.

Gbaja assumed office as Chief of Staff in June 2023. The incident occurred in July 2023, just weeks after Bola Ahmed Tinubu was sworn in.

Bayo Onanuga insists the money was not illegal and that it was released under a lawful order from the President. Which is concerning, because the President does not have the legal authority to issue such orders.

Apparently, the Presidential Chief of Staff also reached out to FIRS, NIMASA and Nigerian Customs with similar tactics.

People’s Gazette exclusively reports. https://t.co/f7xgICk95a

Follow @TrendingEx for dailies..

[Stephen Njoku @StephenUNjoku]

@timidakolo He will not give context.

[Stephen Njoku @StephenUNjoku]

@vanguardngrnews Lagos they built

[Stephen Njoku @StephenUNjoku]

@AishaYesufu Does anyone know the location of primary elections across Abuja?

[Stephen Njoku @StephenUNjoku]

@lindaikeji The date on the EFCC is Dec 2025.

[Auditor SUN @AuditorSUN]

𝐈𝐬 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐚𝐝𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝟐𝟎𝟐𝟔 𝐓𝐚𝐱 𝐑𝐞𝐟𝐨𝐫𝐦?

The Federal Government has announced a new tax framework that fundamentally changes how small and medium businesses in Nigeria report, pay, and plan their taxes. This is not just a policy for large corporations; it is a reality arriving in 2026 that will impact your business directly.

At @sunatrium, we want to ensure you are prepared to stay compliant and profitable, rather than facing heavy fines or legal trouble.

𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐏𝐫𝐨𝐨𝐟: Why Expense Tracking is Vital
In the 2026 system, the single most powerful thing you can do is prove every naira that leaves your business. If you cannot show where the money was spent, authorities will treat those funds as taxable income.

𝐓𝐡𝐞 𝐑𝐢𝐬𝐤𝐬 𝐨𝐟 𝐏𝐨𝐨𝐫 𝐑𝐞𝐜𝐨𝐫𝐝-𝐊𝐞𝐞𝐩𝐢𝐧𝐠:
1. 𝐈𝐧𝐜𝐨𝐦𝐞 𝐀𝐬𝐬𝐮𝐦𝐩𝐭𝐢𝐨𝐧: Without proof of costs, your revenue looks like pure profit, leading to higher tax bills.

2. 𝐀𝐮𝐝𝐢𝐭 𝐄𝐱𝐩𝐨𝐬𝐮𝐫𝐞: Missing receipts and informal payments are exactly the gaps the new system will expose.

3. 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐢𝐬𝐤: Proper records are what protect your profit margins and keep your business operational.

𝐊𝐞𝐲 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐟𝐨𝐫 𝟐𝟎𝟐𝟔 𝐑𝐞𝐚𝐝𝐢𝐧𝐞𝐬𝐬
To navigate these changes, your business should adopt these "Quick Wins" immediately:

a. 𝐆𝐨 𝐃𝐢𝐠𝐢𝐭𝐚𝐥: Move away from paper receipts and verbal approvals in favour of digital records for every expense.

b. 𝐓𝐫𝐚𝐜𝐞𝐚𝐛𝐥𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬: Ensure all payments are made via bank, POS, or app so records match your bank statements.

c. 𝐒𝐞𝐩𝐚𝐫𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞𝐬: Never mix business money with personal funds.

d. Clean History: Maintaining a clean expense history makes taxes easier and makes your business more professional to banks and regulators.

Let's leave the major benefits of the 2026 Reform and jump to how Sunatrium Solutions @sunatrium can support you.

How Sunatrium Solutions Can Help
Sunatrium Solutions provides the tools you need to make your expense story audit-ready. We help you:

1. Automate Tracking: Categorise all business expenses automatically so no cost is missed.

2. Centralise Documentation: Keep every payment, approval, and receipt in one clean dashboard for easy reporting.

3. Manage Payroll: Execute bulk payments to employees with a clear digital trail.

4. Protect Margins: See where your money goes in real-time to avoid unnecessary penalties and stay tax-ready all year.

5. Innovate Compliance: Support your business compliance with NDPA 2023, Pension Automation, Data Privacy Compliance, and Financial System Automation.

Don't wait for the deadline. Start tracking today to protect your business's future.

Contact Us: Email: [email protected]

[Sunatrium Solutions @sunatrium]

Nigeria Tax Law 2025:

Dear Business Owner,
Your accounting records should now be digital, automated, and accessible.
If your response is: “Hope for the best” 😬

Compliance is cheaper than correction.

You need professional guidance urgently.
[email protected]

[Stephen Njoku @StephenUNjoku]

Are you ready for the #AbujaNightofGlory

[Stephen Njoku @StephenUNjoku]

The Lord shall increase my greatness and comfort me on every side.

[TheSpiritualSync @SpiritualS71502]

https://t.co/ZLKoSGTav9

[Stephen Njoku @StephenUNjoku]

Discipline is the bridge between goals and accomplishment. - Jim Rohn

It won't be easy, but distractions can be ignored.

[Stephen Njoku @StephenUNjoku]

@DanielRegha Giving is relative. That widow's mite was her 1 Billion.

[Stephen Njoku @StephenUNjoku]

No married man obeyed this command.

[Stephen Njoku @StephenUNjoku]

Ever notice how people who honor their parents seem to have a certain tranquility about them? That's the benefit of nurturing the very roots of your life. It brings harmony and opens doors.

[Stephen Njoku @StephenUNjoku]

When you honour your parents, you’re not just extending their lives - you’re unlocking blessings that ripple through yours. #Wisdom #Family

[Stephen Njoku @StephenUNjoku]

When you honour your parents, you extend their lives and also expand your blessings.

[Stephen Njoku @StephenUNjoku]

When you honour your parents, you extend their lives and also expand your blessings.

[Stephen Njoku @StephenUNjoku]

Matthew 15:4 NKJV
[4] For God commanded, saying, ‘Honor your father and your mother’; and, ‘He who curses father or mother, let him be put to death.’

[Stephen Njoku @StephenUNjoku]

@aproko_doctor This is normal practice for me, but someone I know will plan pooing two hrs ahead even if he finishes two bottles of water.

[Stephen Njoku @StephenUNjoku]

@KFCinUganda Which one will she now post? Wahala.