Adésholá Adédòkun

I'm a father, husband
and an Ambassador for Christ

[Adésholá Adédòkun @dokunExcel]

@TeeClassy29 Many ICAN-qualified professionals are currently based in Australia and would greatly benefit from a streamlined pathway into the CPA Australia program.

[Adésholá Adédòkun @dokunExcel]

@TeeClassy29 This is a fantastic milestone for ICAN members aiming to practise in Canada. It would be equally beneficial to see a similar MOU signed between ICAN Nigeria @ICAN_NGR and CPA Australia @cpaaustralia

[Adésholá Adédòkun @dokunExcel]

FRUITFULNESS HAS NO AGE LIMIT — The focus of today’s devotion is to establish the fact that old age is not a barrier to fruitfulness. Naturally and scientifically,old age is a period of declin https://t.co/3FRwauuvpG

[Taiwo Oyedele @taiwoyedele]

THE PEOPLE’S TAX BILLS

The tax reform bills before the National Assembly are aimed at economic transformation to empower Nigerians and facilitate inclusive economic growth.

The bills are: the -

1) Nigeria Tax Bill - harmonises all the major taxes such as corporate income tax, personal income tax, VAT etc

2) Nigeria Tax Administration Bill - provides a framework for tax management covering taxpayer identification, registration, assessment, collection, enforcement, etc

3) Nigeria Revenue Service (Establishment) Bill - seeks to replace the FIRS with the NRS to perform a broader role of revenue administration in Nigeria and drive collaboration with subnational governments and MDAs.

4) Joint Revenue Board (Establishment) Bill - to transform the JTB to JRB with an expanded mandate and enhanced role for cooperation and tax harmonisation. The bill also sets up the office of the tax ombudsman to protect taxpayers and advocate for tax simplification.

Altogether, the bills offer a comprehensive overhaul of the nation’s tax framework to drive economic growth, support Nigerian households, and position the country as a competitive economy within the comity of nations. These reforms reflect a commitment to equity, efficiency, and sustainable development.

KEY HIGHLIGHTS OF THE BILLS INCLUDE:

1. Empowering the Youths with Digital Economy Opportunities: Changes to income tax laws that will attract remote work opportunities in the global business process outsourcing (BPO) sector, enabling Nigerian youths to thrive in the digital economy.

2. Boosting Exports: Goods, services, and intellectual property exports will benefit from zero-rated VAT and other incentives to enhance Nigeria’s global trade competitiveness.

3. Support for Small Businesses: Tax exemptions, including 0% corporate income tax, VAT, and withholding tax, will apply to small businesses with annual turnover of N50 million or less.

4. Relief for Workers and Households: Minimum wage earners will be exempt from PAYE (personal income tax), while over 90% of workers across the private and public sectors will see a reduced tax burden. Essential items such as food, education, healthcare will enjoy 0% VAT while rent, public transportation, and renewable energy will be exempted, providing relief for low-income households that spend nearly 100% of their income on these necessities.

5. Simplifying and Rationalising Taxes: Over 50 nuisance taxes are to be repealed, with remaining levies harmonised into a few number of taxes. Corporate income tax rates will reduce from 30% to 25% over the next two years, and earmarked taxes on companies will be replaced with a streamlined single levy.

6. Enhancing Business Competitiveness: Businesses will benefit from input VAT credits on assets and services, eliminating the minimum tax on loss-making and low-margin companies. This will lower production costs and stimulate investment.

7. Fairer Tax System for All: A redesigned tax framework will ensure progressive personal income tax, VAT, and capital gains tax while safeguarding low-income earners. Taxes on foreign currency-denominated transactions will be payable in naira, easing compliance for businesses and reducing pressure on the exchange rate.

8. Equity Among States: VAT revenue will be distributed among states based on an equitable model to reward economic contributions, rather than the current model which is skewed in favour of states with head office locations where VAT remittances are usually made.

9. Taxpayer Advocacy and Transparency: The introduction of Tax Ombudsman to improve the tax system by protecting vulnerable taxpayers and advocating for fairness.

10. A New National Fiscal Policy: A strategic framework for fair taxation, responsible borrowing, and sustainable spending will be established to guide the fiscal system.

These tax reforms aim to alleviate the rising cost of living, foster economic equity, and create a business-friendly environment to attract local and foreign investments. All tiers and arms of government are committed to driving inclusive growth and ensuring that all Nigerians benefit from a prosperous economy.

Copies of the bills are available here: https://t.co/kYReb4p0je

Support the tax reform bills, help build a better Nigeria!

#isupportthetaxbills #forabetternigeria

[South Australia Police @SAPoliceNews]

A helicopter has spotted three 2 metre sharks 250 metres offshore and 200 metres north of the Silver Sands Beach near Aldinga #AldingaBeach #SilverSands @SurfLifeSA @SA_PIRSA #sharkSA

[Senior Pst Okezie James Atañi. @Onsogbu]

Shehu Sani wrote:

THE NORTH;AFTER BLAMING OTHERS LETS PROBE OURSELVES.

1.Most public schools are free,our young ones still don’t want to go to school.

2.Most of us don’t want our spouses to work or use their skills or talents to earn a living or contribute to the family.When we die,we leave them as helpless widows at the mercy of a hostile society.

3.Most young ones don’t want to serve as apprentices in workshops or retail outlets because they don’t have the heart and the patience to serve.

4.Most parents in rural areas hands over their children to a religious teacher in the city and the religious teacher depends on the children to beg or steal in order to feed him and his family.

5.For ethnic,religious and sectional reasons,we protected,defended,praised and refused to hold to account all our kinsmen who led the country at every wasted opportunity for over five decades.

6.The bandits and terrorists that kill and kidnap our people and deny our farmers from going to their farms and denied our children from going to school are not from any country or from the south of the country;they came from our homes and from our families up north.We worshipped with them in the same mosque.

7.We used to live together as one region in peace,brotherhood and love and then we divided and hate ourselves along religious lines.

8.We don’t vote for people who will serve us,we vote for those who will give us spaghetti and grains.

9.We concoct and spread all sorts of religiously inclined conspiracies to deny our children free health immunisation against diseases and we end up hundreds of thousands of blind,lame,crippled and deaf children,who grow up as impaired victims of polio,glaucoma or leprosy,begging in the streets of northern and southern cities.Even the kind of Bill Gates who regularly shows interest in us,we have no kind words for him.

10.Most of our women and Girls don’t have a business capital of 100k but they have an IPhone of N1.5m.They don’t have a capital of 100k but can ‘struggle’ to meet up an wedding ashobi of 500k.

11.We deny most of our girls child their right to go beyond secondary school because of the negative thoughts about the university.

12.We don’t want our female children to wear uniforms.Whenever the recruitment portals for the Army, police,customs,immigration,civil defence are on,we don’t want our female wards to apply.

13.When our children are graduating from universities,especially public universities,most of the parents that attend to celebrate and appreciate their children in such events are parents of the southern students from the south.

14.Most of our industries and factories in Kano,Kaduna and Jos have since closed down when our kinsmen were in power.

15.Our Farmers in rural areas are still farming with hoes for the whole period our kinsmen have been in power.The groundnut and cotton pyramids and fields disappeared long when our kinsmen were at the helm.

16.All the spare parts,building materials and pharmaceutical stores in the north are private businesses owned by people from other regions whom were not in anyway backed,funded or supported by any Government.

17.When our Kinsmen were in power,we attributed our poverty and insecurity to God and to our Sins;When our Kinsmen are out of power,we attribute our sufferings to the King.

18.The FCT is in the north ,Can anyone explain why the people from the region couldn’t dominate the private businesses in the FCT and Suleja and Marraraba? Who should be blamed for this one.

19.God gave us the largest land mass,the largest number of people,the most of the Rivers and the resources and livestock and gave us power for the most part of our history;Which of the favours of our Lord can we deny?

20.The North;Eighty percent of our problem is ourselves and not anyone ‘outside of ourselves’.

[Adésholá Adédòkun @dokunExcel]

@marvinmusk 2

[Adésholá Adédòkun @dokunExcel]

@ElonMuskOde HONEY

[Adésholá Adédòkun @dokunExcel]

@ElonMuskOde 5

[Adésholá Adédòkun @dokunExcel]

@ElonMuskOde HOPE

[Adésholá Adédòkun @dokunExcel]

@ElonMuskOde Ilá

[Dr Paul Enenche @drpaulenenche]

The music director of Kenneth Copeland ministries is the same as the music director of the program that we were invited for and he had informed Kenneth Copeland that I would be coming and Kenneth Copeland asked if I would be willing to see him by 1:30pm. I said “willing?, over willing sef”. And so we went for a most memorable meeting where we spent over 3 hours. It was 3 hours of fellowship, 3 hours of laughter, 3 hours of inspiring stories of his life, 3 hours of sharing the word, 3 hours of impartation. What a memorable encounter!

[gospelfilmsng @gospelfilmsng]

"You still need help from THE BOSS". Donal Trump acknowledging Jesus Christ as usual on a global stage.

[Adésholá Adédòkun @dokunExcel]

@frankedoho Happy birthday, Sir. You're really 52 years young.

[Adésholá Adédòkun @dokunExcel]

@taiwoyedele Happy birthday, Sir. Greater you next year.

[Adésholá Adédòkun @dokunExcel]

@elonmuskADO Yes

[Bloomberg Markets @markets]

Here’s the key business news from London-listed companies this morning https://t.co/osllT2T1Ak

[Adésholá Adédòkun @dokunExcel]

@femiroyale Congratulations Bro.

[Adésholá Adédòkun @dokunExcel]

@talllizzy_girl Olórun màjé

[Paula White-Cain @Paula_White]

Don't worry how God will bring it to pass- simply trust Him!