Abiodun Kayode-Alli

[Barack Obama @BarackObama]

I wouldn’t be where I am today without the love and support that @MichelleObama has poured into me over the years. Her story — from her South Side roots to the White House and beyond — is a central part of the Obama Presidential Center.

[PwC Nigeria @PwC_Nigeria]

An even greater call to serve! Congratulations to @taiwoyedele on his appointment as Honourable Minister of Finance and Coordinating Minister of the Economy of the Federal Republic of Nigeria.

We wish him every success as he continues to shape a more prosperous Nigeria!

[News Central TV @NewsCentralTV]

“For Nigerians who are earning below 20 million Naira per year, they are expected to have a reduction in the taxes they pay.”

@DkayodeAlli says Nigeria's new tax law reduces taxes for amounts under ₦20m, expands VAT credits, and zero-rates essential items.

[IMF @IMFNews]

IMF Growth Forecast 2026:
🇺🇸 US: 2.3%
🇩🇪 Germany: 0.8%
🇫🇷 France: 0.9%
🇮🇹 Italy: 0.5%
🇪🇸 Spain: 2.1%
🇬🇧 UK: 0.8%
🇯🇵 Japan:0.7%
🇨🇦 Canada: 1.5%
🇨🇳 China: 4.4%
🇮🇳 India: 6.5%
🇷🇺 Russia: 1.1%
🇧🇷 Brazil: 1.9%
🇲🇽 Mexico: 1.6%
🇸🇦 Saudi Arabia: 3.1%
🇳🇬 Nigeria: 4.1%
🇿🇦 South Africa: 1.0%
https://t.co/Lq0Dsa8Mmp

[PwC Nigeria @PwC_Nigeria]

Your next career move starts here.

Tomorrow.

#TeamPwC #PwCNigeria #GrowHereGoFurther

[Olayinka 🇳🇬🇺🇾 @mickoly]

This is the best edited video about the Daniel Bwala shameful interview.

Wheoever edited this video needs to be compensated.

Daniel Bwala is the most shameless human alongside Reno Omokri.

[Abiodun Kayode-Alli @DkayodeAlli]

@followlasg Well deserved. Great Journalist. .

[Taiwo Oyedele @taiwoyedele]

𝐓𝐚𝐱 𝐑𝐞𝐟𝐨𝐫𝐦 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐟𝐨𝐫 𝐒𝐭𝐮𝐝𝐞𝐧𝐭𝐬

𝘉𝘪𝘨 𝘯𝘦𝘸𝘴 𝘧𝘰𝘳 𝘕𝘪𝘨𝘦𝘳𝘪𝘢𝘯 𝘴𝘵𝘶𝘥𝘦𝘯𝘵𝘴!

Participate in the 𝑻𝒂𝒙 𝑹𝒆𝒇𝒐𝒓𝒎 𝑪𝒉𝒂𝒍𝒍𝒆𝒏𝒈𝒆, a nationwide competition for students to showcase their knowledge, ideas and creativity on the new tax reform laws.

𝐎𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞: To raise awareness, promote tax education, and inspire constructive youth-led dialogue on Nigeria’s tax reform.

𝐄𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲: Open to undergraduates in all Nigerian tertiary institutions and graduates who are currently undergoing the NYSC program or awaiting mobilisation.

𝐄𝐧𝐭𝐫𝐲 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: An interested student is required to read the new tax laws, create and submit an article, video, podcast, radio piece, or social media post published from 1 July – 31 December 2025 relating to the tax reform.

𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐂𝐫𝐢𝐭𝐞𝐫𝐢𝐚: Content must be educative, engaging, and fact-based. Entries that are critical of the reform are welcome.

𝐀𝐰𝐚𝐫𝐝 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: 1st Prize ₦5m, 2nd Prize ₦3m, 3rd Prize ₦2m. Consolation prizes for top 10 finalists from each geopolitical zone including gadgets, internships or employment opportunities, and 𝘛𝘢𝘹 𝘙𝘦𝘧𝘰𝘳𝘮 𝘠𝘰𝘶𝘵𝘩 𝘈𝘮𝘣𝘢𝘴𝘴𝘢𝘥𝘰𝘳 honours!

Visit https://t.co/WYwlFEAtIE for more information.

Don’t just watch history. Shape it - 𝑹𝒆𝒂𝒅. 𝑪𝒓𝒆𝒂𝒕𝒆. 𝑬𝒅𝒖𝒄𝒂𝒕𝒆. 𝑮𝒓𝒐𝒘.

[Winners Chapel International @WinnersWLD]

Word Capsule

#OneNightWithTheKing
#LfcLiveService
#MyNewEra2025

[Winners Chapel International @WinnersWLD]

Word Session 4

Ministering: @DavidOyedepoJnr.

Message Title: Understanding the Awesome Benefits of Praise

'To see what praise has to offer, you must have your eyes on the prize.

The secrets of God are in the simple things, of which praise is included. - Ps. 47:7

If you don't want to miss it in life, you need God to open your eyes, and this is only possible through the medium of praise.

It takes the facilitator of joy to see the path of life unveiled to you.

Every time there is jubilation, God manifests Himself mightily.

Benefits of Praise

1. It secures access to the path of life. - Prov. 3:6

- It takes the facilitator of joy to show you the path of life.

2. It triggers diverse miracles. - Ex. 15:11

- When praise goes up, wonders are delivered.

3. It paves the way to your inheritance in Christ. - Judg. 1:1-2, 1 Thes. 5:18

- It is in praising God that you take delivery of your inheritance.

4. It secures harvest for your labour. - Joel 1:11-13, Hab. 3:17-19

- The labour of your hands is only as productive as the praise in your mouth. Let nothing ever take praise out of your mouth.

5. It empowers the redeemed for conquest. - Isa. 30:29-31, Ps. 8:2

- Praise is a sweatless dimension for victory in the battles of life.

6. It empowers you for success. - 1 Sam. 18:10, Ps. 23:4

- When you praise God, there is a wall of defence raised around you.

7. It secures access to help from above. - Ps. 100:4, Heb. 13:6

- When God is your helper, opposition is of no consequence.

8. It provokes divine intervention. - Josh. 6:20

9. It secures a way out from every challenging situation. - 2 Kgs. 3:15-16

- Praise shows the way out of difficulties.

10. It provokes supernatural favour. -Ps. 30:5-7

- The favour of God is a virtue of inestimable value. When you praise God, you experience supernatural triumph'._ @DavidOyedepoJnr.

#OneNightWithTheKing
#LfcLiveService
#MyNewEra2025

[Rt. Hon. James Abiodun Faleke @honfaleke]

The Conference Committee set up by the House and the Senate on the Tax Reform Bills has successfully concluded its work.

[PwC Nigeria @PwC_Nigeria]

PwC’s Abiodun Kayode-Alli @DKayodeAlli, Senior Manager, Tax, was featured on @NewsCentralTV, where he analysed Nigeria’s 2025 budget, providing insights into its revenue and debt challenges.

Watch here: https://t.co/60zwHMbaKW

[News Central TV @NewsCentralTV]

"Addiction is something you cannot curtail with bans, you need to educate the persons involved, for him or her to change their lifestyle..."

@nasiragbalaya advocates for the government to educate the public about pornography instead of imposing bans.

[Kunle @Soulmedika]

I personally believe Deeper Life Marriage Committees need to review their rules, otherwise, they will indirectly continue to lead people to sin! I will explain;

More than 70% of the Young people approaching them for marriage are technically already in relationships with their partners, but are forced to lie to the MC as though they were just friends.

I know this because most of the people I personally know that married in the church already have an existing relationship before approaching the MC. Even now, I know some people in relationships that are not likely ready for marriage in the next 2yrs. In that 2yrs time when they are ready, they will likely lie to MC as though nothing has been happening between them.

Why are people lying about their relationships to MC? Should they be lying? Difficult to blame them!

When I approached my pastor about sending me to the MC, he told he will not be able to do that, said I should consider getting married outside the church. Why?
Because I told him I have been in relationships with my finance since medical school. I did explained over the period of relationship, there is was no instance of fornication between us.

He eventually sent me to MC months later because my wife knows a top person in the church who knows the state coordinator, who eventually called him to send us to the MC. You see?

All I needed to do to avoid all the drama was to have lied which is what most people do.

I am not asking the MC to start to compromise, but may be a rule established in 1975 needs to be reviewed in 2025.

[NNPC Limited @nnpclimited]

PRESS RELEASE

NNPC Refutes Misleading Claims in Viral Video

The Nigerian National Petroleum Company (NNPC) Ltd strongly refutes the false and misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last. This assertion is baseless and entirely unfounded, originating from unverified and amateur research that lacks credibility, accuracy, and professional oversight.

NNPC Ltd reaffirms that its fuel is carefully formulated with one of the best compositions, ensuring optimal efficiency, durability, and environmental sustainability for consumers.

Furthermore, it is important to emphasize that a significant percentage of Premium Motor Spirit (PMS) sold at NNPC retail stations in Lagos—where this deceptive video was created—is sourced from the Dangote Refinery, a strategic partner in promoting local production and energy security. Dangote Refinery adheres to strict industry standards, guaranteeing the quality of petroleum products supplied to our consumers.

This misleading video represents yet another desperate attempt by economic saboteurs to misinform the public and tarnish NNPC Ltd’s reputation. We will not tolerate deliberate misinformation designed to undermine our operations and mislead Nigerians.

Henceforth, NNPC Ltd will take firm legal action against individuals or groups who intentionally spread falsehoods about our brand and operations. Those engaged in such malicious activities will be held fully accountable under the law.

We urge the public to disregard such fabricated content and rely on verified sources for accurate information. NNPC Ltd remains steadfast in its mission to ensure fuel availability, affordability, and quality for all Nigerians while maintaining global industry standards.

Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja

February 15, 2025

[News Central TV @NewsCentralTV]

Tune in to Business Edge at 11 AM WAT for a discussion on Nigerian governors supporting tax reform bills and a proposed VAT-sharing formula, with @CharlesDAnalyst and @DkayodeAlli. Oladipo Ajayi will also examine the rise in Nigeria's inflation rate to 34.80% in December 2024.

Showing on DSTV 422, StarTimes 274, YouTube: https://t.co/8wSuW24IAY

[PwC Nigeria @PwC_Nigeria]

PwC’s Abiodun Kayode-Alli @DkayodeAlli, Senior Manager, Tax, was featured on @NewsCentralTV to discuss the tax reform bills endorsed by the Nigeria Governors’ Forum (NGF) and the possible effects on consumption and production incentives.

Watch here: https://t.co/g2KqpDf2Y3

[PwC Nigeria @PwC_Nigeria]

PwC’s Abiodun Kayode-Alli @DkayodeAlli, Senior Manager, Tax was featured on @CNBCAfrica. On the programme, he analysed Nigeria’s economic trends and the revised MPC schedule.

Watch here: https://t.co/2iqfAmYNNk

[Taiwo Oyedele @taiwoyedele]

𝐓𝐀𝐗 𝐑𝐄𝐅𝐎𝐑𝐌 𝐁𝐈𝐋𝐋𝐒 𝐀𝐍𝐃 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍𝐒 𝐓𝐎 𝐀𝐒𝐊

As the tax reform bills continue to generate public debates, it is clear that some commentators have limited knowledge of the current tax laws and practice, hence unable to identify where improvements are being proposed. We encourage journalists and the general public to ask the following questions when engaging analysts on the tax bills to ensure a more constructive outcome:

Question 1 - Have you read the bills or the relevant sections that are of interest to you?

Question 2 - What specific provisions do you disagree with and why?

Question 3 - What is your understanding of the current provisions of the tax law or practice regarding the issue you disagree with?

Question 4 - What do you suggest as an alternative to the proposed provisions?

Thank you as you play your part in moving Nigeria forward.

Visit our website https://t.co/WYwlFEB1yc for more information, including copies of the bills.

[Taiwo Oyedele @taiwoyedele]

HOW THE PERSONAL INCOME TAX CHANGES WILL AFFECT YOU

Q1 - What is the thinking behind the proposed changes to the current tax table of personal income brackets and rates?

A1 - The current tax table was introduced in 2011. Due to high inflation and lack of review, the structure has resulted in “fiscal drag" where many low income earners have been pushed to the top tax bracket over time. This means that an individual earning just N400k a month is paying the same top marginal income tax rate as a wealthy individual earning say N20m per month. Therefore, the tax table has become regressive rather than progressive as it was originally designed. Also, the current personal income tax regime does not encourage formalisation given that the effective top tax rate on companies is nearly double that of enterprises which also encourages arbitrage in some cases between the two income tax regimes.

Hence, the proposed changes seek to address these issues and simplify the system by incorporating current reliefs and allowances into the bands and rates to achieve an overall lower effective tax rate for the majority of workers.

Q2 - There is a general perception that workers will pay more tax under the bills. Is this true?

A2 - This perception is not correct. Individuals earning about N1.7m or less per month will pay lower PAYE tax under the bills while those earning the new minimum wage and slightly more will be fully exempted. These thresholds will result in over 90% of workers in the public and private sectors paying lower taxes while high income earners will pay slightly more in a progressive manner up to 25% for the ultra high networth individuals.

Q3 - But the proposed table only exempts N800k per annum which is just about N67k per month meaning that minimum wage earners of N70k per month will still pay tax.

A3 - No. Besides the N800k p.a. which is exempt from tax, there is a rent relief of up to N200k p.a. which together will exempt individuals earning up to N1m per annum (about N83k per month). This is particularly beneficial to low income earners. Also, the new tax bands and rates have been designed to avoid a situation where individuals earning slightly more than the exemption threshold are taxed to an extent that makes them worse off than a person whose income is within the exemption threshold. For example, a person earning N30k per month is exempt from tax while a person earning N30,001 per month will pay about N500 leaving the latter with a net of N29,500 which is N500 worse than the person earning N30,000. Under the tax bills, this problem has been addressed as everyone will be eligible to the first tax-free bracket.  

Q4 - The tax rate for the second band seems quite steep, moving from 0% to 15%. Why not consider a lower rate for the second band?

A4 - By comparison, the second band under the bills which is to be taxed at 15% is currently being taxed at a marginal rate of 21% even after all reliefs and allowances. So, while the 15% may appear steep from 0% for the first band, it is lower compared to the current tax table. The real impact for a person earning about N3m p.a. equivalent to the aggregate of the first and second brackets is a lower effective tax rate of 10% compared to about 12% under the current tax table.

Q5 - Why was the Consolidated Relief Allowance (CRA) and Personal Relief removed? Does it not amount to giving a relief with one hand and taking it back with the other?

A5 - No. One of the objectives of the tax reforms is simplification. The impact of the CRA and personal relief have been incorporated into the tax table such that the overall goal of exempting low income earners and reducing taxes for middle income earners is achieved. By integrating the reliefs into the tax brackets and rates, many taxpayers with basic education would be able to calculate their taxes with little or no assistance thereby achieving the dual objectives of lower tax burden and tax simplification.

Q6 - How about statutory deductions such as Pension and National Housing Fund contributions?

A6 - Statutory deductions, now referred to as eligible deductions, are still applicable under the new tax bills. These are contributions under the National Housing Fund, National Health Insurance Scheme, Pension Reform Act, interest on loans for developing an owner-occupied residential house, annuity or premium paid for life insurance, and rent relief up to N200,000 per annum.

Q7 - Where can we get more information about the tax reform bills?

A7 - Please visit our website https://t.co/WYwlFEAtIE and social media accounts for more information including copies of the tax bills.