The end goal of what you highlighted is to increase/improve disposable income.
I think this government has done somethings to improve disposable income too.
Beyond improving revenue, the National tax act was passed to improve disposable income.
Company income tax was reduced from 30% to 25%.
Small companies (typically those with annual turnover up to ₦50–100 million and fixed assets not exceeding ₦250 million, depending on precise thresholds in analyses) are exempt from CIT(0% CIT). Many are also exempt from capital gains tax and the development levy.
Personal Income Tax (PIT).
Low-income earners are largely exempted from PIT(those earning national minimum wage or less, or up to ₦800,000–₦1.2 million annually), with rent relief of up to 20% of annual rent, often capped around ₦500,000, which can bring taxable income to zero for many.
Additional deductions/reliefs cover items like pension contributions, insurance, and housing fund payments.
80 % of workers will pay no PAYE or lower taxes.
For Value Added Tax (VAT), while the rate is retained at 7.5%, there is Zero-rating (or exemption) on essentials such as food, healthcare, education and power.
There is also broader ability for businesses to claim input VAT credits on expenses, services, and assets (previously more restricted), which is expected to provide substantial relief.
Federal Government has also removed or waived key taxes primarily import duty and VAT on Compressed Natural Gas (CNG), Liquefied Petroleum Gas (cooking gas), and related items/equipment to support cleaner energy adoption, lower transport/energy costs, and reduce household expenses.
Indirectly, the government has also improved disposable income by improving the adoption of health insurance across the country ( we recently crossed 20 million insured Nigerians), while NELFUND has also provided huge relief to parents and students. The government is also improving credit availability and adoption through CREDICORP and National Credit Guarantee Company Limited (NCGC).
This list is by no means exhaustive.
The government clearly needs to do more. I believe transportation, food and housing cost needs to be tackled aggressively but this doesn’t mean the government hasn’t done anything
Linking Nile University to Lugbe: Wike don finish work ooooo
2: hate Wike and Tinubu oooo, you can’t take this huge development from them.
3: 7, 7, 7 votes Adasi je won ooooo candidate will pass here too to campaign.
@woye1 The alamala guy thinks say politics na by likes and retweets. Match never even start o, just to enter first 11 for his local team is wahala. If he make it to the polls now and defeated badly, he will be on dis street shouting rigging rigging.
STATE GOVTS & ECONOMIC COMPETITIVENESS: The Next Frontier of Reform
Nigeria’s 36 states and the FCT grew their combined Internally Generated Revenue by 132.7% in nominal terms between 2020 and 2024, from ₦1.56 trillion to ₦3.63 trillion. Only Lagos and Rivers generated enough IGR to cover their operating expenses. For the remaining 35 states, federal allocations remain the lifeline and can barely survive without the FAAC.
🇳🇬 NIGERIA RECORDED TWO CONSECUTIVE YEARS OF FOREIGN DIRECT INVESTMENT (FDI) GROWTH UNDER THE TINUBU ADMINISTRATION
Year — FDI Value | Year-on-Year (YoY) Change
2015 — $1.45 billion
2016 — $1.04 billion | 🔴 -28.28%
2017 — $981.75 million | 🔴 -5.60%
2018 — $1.19 billion | 🟢 +21.22%
2019 — $934.34 million | 🔴 -21.48%
2020 — $1.03 billion | 🟢 +10.22%
2021 — $698.78 million | 🔴 -32.16%
2022 — $468.08 million | 🔴 -33.02%
2023 — $377.38 million | 🔴 -19.38%
2024 — $674.71 million | 🟢 +78.75%
2025 — $923.01 million | 🟢 +36.80%
After declining to $377.38 million in 2023, Nigeria's FDI inflows rebounded for two consecutive years, rising by 78.75% in 2024 and 36.80% in 2025 to reach $923.01 million.
#Statisense
(NBS, 2025)
My questions sir:
1: How affordable are the monthly repayments for the average beneficiary?
2: What income bracket qualifies for these mortgages?
3: How many applicants were rejected versus approved?
4: Is the 9.75% rate fixed for the entire 20 years or subject to future changes?
5: How much of the 500,000-home target has actually been delivered so far?
6: Are the homes occupied and completed, or merely approved and financed?
Thanks🙏
“The NDC is being built as an institution, not a personality cult, political movement, or Special Purpose Vehicle (SPV) to be used and discarded” ….. Babanla SUB 🔥🔥
@kenny3zzy@bayoadetunji@thecompasshub@woye1 Do you know that most of those countries still pay subsidy?
How do you expect the price to be same with a country that does not?
If you were going pull pricing countries, why didn't you include Sudan and Gabon?
Also trying to control the narrative?
We kept this just under an hour.
Lots of interesting takeaways and knowledgeable people.
Highlights:
— The tension between Ogun’s 3 geopolitical zones and its 4 main ethnic subdivisions (R-I-Y-E)
— The absence of a serious political opposition in Ogun at the moment. It’s a one-party state right now.
— Yayi’s political popularity / acceptability is quite unprecedented. But this must not be taken for granted, esp for a second term.
— Nigeria desperately needs a census. It’s been 20 years since the last one - and Ogun has been greatly shortchanged by not having credible statistical proof of the population explosion it has enjoyed from proximity to Lagos
— No Senator in Ogun State since 1999 - across all 3 zones - has done 2 consecutive terms. That jinx might be broken in 2027. The best so far is 2 Senators with 2 non-consecutive terms.
— 5 of 7 Ogun East Senators since 1999 have come from the town of Ijebu Igbo. The incumbent, OGD, is the first of 7 Senators since 1999 to come from the non-Ijebu part of the District (and even he is maternally Ijebu)
— Of course, 5 Ogun men have held No 1 and 2 positions in Nigeria’s history.
MKO (elected but not sworn in), Shonekan (Interim), Obasanjo are all from Ogun State, as are No 2s Diya and Osinbajo. And Awolowo - Vice Chair of the FEC under Gowon.
Next week - another State. If you’d like to co-anchor any particular State edition, let me know.
“If someone says it’s raining and another person says it’s dry, it’s not [the media’s] job to quote them both. It’s your job to look out the window and find out which is true.”
This is one of those situations in which this applies. The video is public. Anyone who watched it and does not have any English literacy or comprehension challenges knows he never said made such a promise.
@ARISEtv - Instead of telling us, “he said it’s not raining”, why not boldly say, as Arise TV, that “No, it’s not raining.”
Do a proper fact-check, tell us exactly what was said and NOT said. These are the times when we need the media to make a difference, not settle for this ‘he said she said’ clickbait drama that only amplifies confusion.
Great investment considering its trajectory and current course.
$75 million will be around 5% stake in flutterwave.
MOFI will invest on behalf of the FG
🚨 Dangote Refinery has recorded 22 sabotage attempts — by Nigerians.
Not outsiders. Not competitors. Our own people.
🔥 Fires were triggered.
🧰 Machines were tampered with.
💻 Systems were manipulated.
If the world-class control room hadn’t caught them, we’d be talking of disaster.
Now imagine this mindset in government refineries, where even if they destroy everything, salaries still drop monthly.
We cry “bad system,” but the truth is ��� a system is only as honest as the people in it.
#RenewedHope #KemKem
Bayelsa, Taraba, Zamfara, Plateau, Anambra, Rivers, Abia, and finally Kano in that order. The day you guys started the coalition against a sitting president who had barely spent 15 months in office was the day you stepped on the tail of the king cobra.
At least it’s now clear that no government refinery can succeed in Nigeria with the current setup. In just one month, Dangote has faced NUPENG, DAPPMAN, and PENGASSAN. From what we’re seeing, these groups will never allow any government refinery to function.