king Lambano

a talented musician, presenter, mc, lyricist,scriptwriter, photographer,director,poet,cinematographer, motivational speaker 100% entertainer.
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[king Lambano @kinglambano]

@IkejaElectric Can @IkejaElectric explain to me why in November2022 I got 107.7 units for 10k and in February2023 I got 148.8 units for 10k? Ripped me of 41.1unts short.
#Ikejaelectricisrippingus #justice4ikejaelectriccustomers
@NERCNG @fccpcnigeria @SaharaReporters @yabaleftonline

[king Lambano @kinglambano]

#argentina
Robbery didn’t work..

Fraudballer

[king Lambano @kinglambano]

@instablog9ja Spot on… guys follow and I’ll follow you back. Let’s grow each other’s account

[king Lambano @kinglambano]

@Dannymasterp @orlubam @BwalaDaniel 🤣🤣🤣🤣

[king Lambano @kinglambano]

@BwalaDaniel Stop talking!! The more you talk the more ……. you sound…

[king Lambano @kinglambano]

@vdmempire Noise!

[king Lambano @kinglambano]

@taiwoyedele Why do you want altered law be enforced??

The NTA should be suspended and all involved in the alteration of the passed bill be persecuted

[king Lambano @kinglambano]

@faithwillsaveu Amen

[Taiwo Oyedele @taiwoyedele]

𝐅𝐈𝐅𝐓𝐘 (50) 𝐓𝐀𝐗 𝐄𝐗𝐄𝐌𝐏𝐓𝐈𝐎𝐍𝐒 𝐀𝐍𝐃 𝐑𝐄𝐋𝐈𝐄𝐅𝐒 𝐓𝐇𝐀𝐓 𝐖𝐈𝐋𝐋 𝐁𝐄𝐍𝐄𝐅𝐈𝐓 𝐓𝐇𝐄 𝐌𝐀𝐒𝐒𝐄𝐒 𝐔𝐍𝐃𝐄𝐑 𝐓𝐇𝐄 𝐍𝐄𝐖 𝐓𝐀𝐗 𝐑𝐄𝐅𝐎𝐑𝐌 𝐋𝐀𝐖𝐒

From 1 January 2026, the new tax laws will provide many reliefs and exemptions for low-income earners, average taxpayers, and small businesses including:

𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 𝐨𝐫 𝐏𝐀𝐘𝐄

1. Individuals earning the national minimum wage or less (exempt)
2. Annual gross income up to ₦1,200,000 (translating to about ₦800,000 taxable income) is exempt
3. Reduced PAYE tax for those earning annual gross income up to ₦20 million
4. Gifts (exempt)

𝐀𝐥𝐥𝐨𝐰𝐚𝐛𝐥𝐞 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬 & 𝐑𝐞𝐥𝐢𝐞𝐟𝐬 𝐟𝐨𝐫 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬

5. Pension contribution to PFA
6. National Health Insurance Scheme
7. National Housing Fund contributions
8. Interest on loans for owner-occupied residential housing
9. Life insurance or annuity premiums
10. Rent relief - 20% of annual rent (up to ₦500,000)

𝐏𝐞𝐧𝐬𝐢𝐨𝐧𝐬 & 𝐆𝐫𝐚𝐭𝐮𝐢𝐭𝐢𝐞𝐬 - 𝐄𝐱𝐞𝐦𝐩𝐭

11. Pension funds and assets under the Pension Reform Act (PRA) are tax-exempt.
12. Pension, gratuity or any retirement benefits granted in line with the PRA
13. Compensation for loss of employment up to ₦50 million

𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐆𝐚𝐢𝐧𝐬 𝐓𝐚𝐱 (𝐂𝐆𝐓) - 𝐄𝐱𝐞𝐦𝐩𝐭

14. Sale of an owner-occupied house
15. Personal effects or chattels worth up to ₦5 million
16. Sale of up to two private vehicles per year
17. Gains on shares below ₦150 million per year or gains up to ₦10 million
18. Gains on shares above exemption threshold if the proceed is reinvested
19. Pension funds, charities, and religious institutions (non-commercial)

𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 (𝐂𝐈𝐓) - 𝐄𝐱𝐞𝐦𝐩𝐭

20. Small companies (turnover not more than ₦100 million and total fixed assets not more than ₦250 million) pay 0% tax
21. Eligible (labelled) startups are exempt
22. Compensation relief - 50% additional deduction for salary increases, wage awards, or transport subsidies for low-income workers
23. Employment relief - 50% deduction for salaries of new employees hired and retained for at least three years
24. Tax holiday for the first 5-years for agricultural businesses (crop production, livestock, dairy etc)
25. Gains from investment in a labeled startup by venture capitalist, private equity fund, accelerators or incubators 

𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐋𝐞𝐯𝐲 - 𝐄𝐱𝐞𝐦𝐩𝐭

26. Small companies are exempt from 4% development levy

𝐖𝐢𝐭𝐡𝐡𝐨𝐥𝐝𝐢𝐧𝐠 𝐓𝐚𝐱 - 𝐄𝐱𝐞𝐦𝐩𝐭

27. Small companies, manufacturers and agric businesses are exempt from withholding tax deduction on their income
28. Small companies are exempt from deduction on their payments to suppliers

𝐕𝐚𝐥𝐮𝐞 𝐀𝐝𝐝𝐞𝐝 𝐓𝐚𝐱 (𝐕𝐀𝐓) - 0% 𝐨𝐫 𝐄𝐱𝐞𝐦𝐩𝐭

29. Basic food items - 0% VAT
30. Rent - Exempt
31. Education services and materials - 0% VAT
32. Health and medical services
33. Pharmaceutical products - 0% VAT
34. Small companies (≤ ₦100m turnover) are exempt from charging VAT
35. Diesel, petrol, and solar power equipment - VAT suspended or exempt
36. Refund of VAT on assets and overheads to produce VATable or 0% VAT goods and services
37. Agricultural inputs - fertilizers, seeds, seedlings, feeds, and live animals
38. Purchase, lease or hire of equipment for agric purposes 
39. Disability aids - hearing aids, wheelchairs, braille materials
40. Transport - shared passenger road transport (non-charter)
41. Electric vehicles and parts - exempt
42. Humanitarian supplies - exempt
43. Baby products 
44. Sanitary towels, pads or tampons
45. Land and building

𝐒𝐭𝐚𝐦𝐩 𝐃𝐮𝐭𝐢𝐞𝐬 - 𝐄𝐱𝐞𝐦𝐩𝐭

46. Electronic money transfers below ₦10,000
47. Salary payments
48. Intra-bank transfers
49. Transfers of government securities or shares
50. All documents for transfer of stocks and shares

Share this good news with everyone you care about who needs to know. 

𝐈𝐍𝐅𝐋𝐔𝐄𝐍𝐂𝐈𝐍𝐆 𝐅𝐎𝐑 𝐆𝐎𝐎𝐃

Nominate a content creator who’s been educating their audience about Nigeria’s new tax reform laws or someone you’d like to see do so.

We’ll be selecting the top 20 creators with the most nominations for a special training to help them share accurate, balanced, and useful tax information with their followers.

Misinformation spreads fast, often to the author’s benefit but to the audience’s loss. Accurate information may travel slower, but it empowers everyone, and earns lasting trust.

Tag or mention your favourite influencer to nominate or fill the nomination form https://t.co/D9EeMyy0gL. Nomination closes on 9 November 2025.

- 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘍𝘪𝘴𝘤𝘢𝘭 𝘗𝘰𝘭𝘪𝘤𝘺 & 𝘛𝘢𝘹 𝘙𝘦𝘧𝘰𝘳𝘮𝘴 𝘊𝘰𝘮𝘮𝘪𝘵𝘵𝘦𝘦

[king Lambano @kinglambano]

Abeg make una no react or comment on this my post because l've never won anything online. Let's do this together guys. Pls follow me on all my social media handles @kinglambano

[king Lambano @kinglambano]

@vdmempire Everyone loved is has something to attract the love he or she gets. Everyone is loved conditionally.

[king Lambano @kinglambano]

@ObaOfVibes You can’t share underwear, like pants,boxers even towels. It doesn’t make any hygienic sense. But shouldn’t have taken it to a violent level.

[king Lambano @kinglambano]

@POSSAP_NGG I have made payment where I have also been debited and it is showing on the platform that I should make payment. 

I used USSD to make payment. 
POSSAP :NT-8279651004890514

See attached proof and details

[king Lambano @kinglambano]

@GanjaYorub15579 The problem is not the interviewee but the interviewer?

It’s very obvious that the even the interviewee doesn’t have sense base of his uncoordinated reasons he have for his answer.
For the interviewer, she lack creative thinking of that is the question she could come up with

[king Lambano @kinglambano]

@ruffydfire @MinOfInteriorNG @nigimmigration @PolarisBankLtd why did you stop selling Manual Cerpac when the information is that the deadline is 31 July 2025What about applicant that have emergency travel and ad have plans for their business? Please stop making business harder than as it is

[king Lambano @kinglambano]

@vdmempire @CustodianInsur it's easy to colect money 4rm customers wen dey insure bt when it's time for claim u turn somthin else. Sometin that was very okay without fault got spoilt when an accident happened , your inspection officer is claiming it’s a coincidence ? I get una time o..

[king Lambano @kinglambano]

@vdmempire @CustodianInsur it’s easy to collect money from customers when they insure but when it’s time for claim you will be something else. What does a coincidence be a reason to pay claim for what got spoil when an accident happened?

I never get una time…

[JAMES .C. PRINCE @remnantprince]

@CustodianInsur why can't I access my dashboard anymore... Direct debit not working, for many months now.. Can no longer login to my profile like before.. What is going on?

[king Lambano @kinglambano]

@yabaleftonline d information 4rm every1 that took part in the whole saga. I don't think BabaTee did anything wrong bcos he didn't know the lady in question was married let alone being married to som1 he knew or close to. But apologizing like this shows he wants peace and wants to be beta

[king Lambano @kinglambano]

@EKEDP The people that he tariff should be base on the current power allocation. That’s the right thing to do