Tobi Fadayomi @fadayomi_tobi - Twitter Profile

1 day ago

**What do you think? Is it time for the Federal Government to consider a temporary PAYE holiday?** #Nigeria #PAYE #CostOfLiving #TaxRelief #WorkersWelfare

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Tobi Fadayomi @fadayomi_tobi

1 day ago

**Is It Time for Nigeria to Consider a PAYE Holiday?** In this period of economic hardship and rising cost of living, I believe it is time for the Federal Government to consider a temporary PAYE holiday or a significant reduction in PAYE for Nigerian workers.

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Tobi Fadayomi @fadayomi_tobi

1 day ago

After all, what is the value of earning a salary if, after paying taxes and meeting basic expenses, little or nothing is left to live on?

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Tobi Fadayomi @fadayomi_tobi

1 day ago

Therefore, a targeted reduction for low- and middle-income earners may be a more practical approach than a blanket suspension. **Economic reforms should not only focus on government revenue; they should also improve the living conditions of ordinary Nigerians.**

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Tobi Fadayomi @fadayomi_tobi

1 day ago

A temporary PAYE holiday of three to six months could provide some relief, putting more money directly into workers' pockets to support their families, reduce debt and improve their purchasing power. I understand that government needs tax revenue to fund public services.

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Tobi Fadayomi @fadayomi_tobi

1 day ago

Food, transportation, rent, electricity, school fees and other basic necessities continue to put pressure on household incomes. For many salary earners, their take-home pay is no longer enough to comfortably meet their monthly obligations.

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