Hi @jidesanwoolu, @hanneymusawa
I'm deeply disappointed in your @lirs_govng team hounding Selar in the name of claiming creator royalty taxes. I turn 30 in Oct and I've spent the last 10 years building Selar, so this is what the youth mean by policies being created to crush growing businesses. We are the pioneering and largest creator company in Nigeria (Africa actually), and instead of being supported by the government, the LIRS team is keen on trying to scapegoat us to set a precident.
Beyond the huge numbers seen in the headlines, we are still a young company just trying to make our mark for the creator economy in a country where we've never been supported once, we're literally a bootstrapped company. In 2025 alone, we've fulfilled our tax obligation in almost 9 figures and we've never missed out on any of our tax obligation over the years. You can check the records.
We are a software company, we make our ecommerce software available to our thousands of creators in not just Nigeria but 13 other African countries and for that, we earn a small commission of 4%, most of which goes to our payment provider. This is the same business as shopify, teachable, e.t.c There is no reason LIRS is hounding us for a backdated 5% royalty fee on all sales when we've clearly explained our line of business to them and shared everything to prove we are not a royalty based business.
What they're asking us to do is raise our pricing to extort these funds from our creators which is odd considering our creators still pay taxes on their income. No creator company in the world charges as high as even 5%.
Also, less payment gateway charges we get 1-3% max, so where do we pay backdated 5% fees from?
The government would have to decide if it wants the Nigerian creative economy to grow or not.
This conversation is important to me because we pioneered this industry of monetizing digital products online in Nigeria and today we host over 400k creators selling using our platform.
This is an opportunity for the government to show it's committment to making Nigeria work for young Nigerians especially in the creator economy.
Time and money we should be spending investing into our business and it's growth for the GDP of this nation is being spent in long back and forth.
We can't catch up with the west if this is what we're facing at home. Above everything else, disputes like this are distracting from the real work.
If anything, for all our CSR contributions to the education system in the country with our Smart Hustle Anti fraud initiative and our other efforts, we should be getting tax rebates, but we're not even asking for anything but to be left alone to build our business.
Thank you.
Today, I experienced one of the most traumatic moments of my life.
I had gone to a friend’s place to lend him my MacBook charger because I stay in Ikorodu his charger had stopped working. After leaving his place and heading home, I was stopped by men who identified themselves as Nigerian police officers. They were not dressed in standard police uniforms, which made the situation even more frightening.
I was forcefully pushed into my car, accused of being a cultist without any evidence, and subjected to intimidation. My phone was searched, I was threatened, and I was repeatedly told that if I did not cooperate, I would be shot, killed, or have my car taken away.
They drove me around to different locations, including from Ikorodu to ketu under a bridge, while continuing to threaten me. Under fear for my life, I was forced to open my banking apps and make transfers. In total, about ₦700,000 was taken from my account through coercion. They wanted me to pay them 5 million which I don’t even have, They also forced me to call friends and demand money from them, insisting that I raise millions of naira despite having committed no crime.
This was not a voluntary transaction. Every action I took was because I genuinely feared for my life.
I am sharing this video because no Nigerian should have to experience this. No one should be threatened with weapons, intimidated, or forced to hand over their hard earned money by people who are supposed to protect them.
I am reporting this incident to the appropriate authorities and financial institutions, and I hope those responsible are identified and held accountable.
Please help me by sharing this until it reaches the right people. This has to stop.
@LagospoliceNG@BenHundeyin@PoliceNG@AbimbolaShotayo@TunjiDisu1
In 4days time, it will be one whole month of children being in the forest with kidnappers bruh.
A full moon of torture, hunger on sheer suffering. Their only offense was being poor Nigerians 💔💔
Guys!! It’s cold very outside! I just stepped outside my house to feel it. And if it’s this cold in Lagos, it’s colder in Ibadan and much even colder in the bushes! These children and their teachers are shivering right now! This is their 27th night! God!😭😭
Some guy at the gym every morning 6am.
He takes the 45lb plates, all of them.
He loads one bar and he does one rep and sits for 20 minutes.
Then unloads and he leaves, he does this everyday.
We hated him, and nicknamed him the plate dragon.
People started coming in at 5:45 to beat him. He'd just wait smiling and he would take them at 6.
One rep, sit then leaves.
I finally asked him Bro what are you doing?
Enter the booth and reply ACL you dumb bitch. What TF did you then buy the instrumental for? The producer played your dumb ass and you think it’s a Win.
Bro you are literally the Wackest Naija Rapper to have Ever Existed. You only blew bcos The Igbos aligned with you due to that lame Red/White Cap you always wear. Don’t make me Insult you bro. Materials Choke.
You like to Drag everyone who comes Tru for you b4. You are mentally unstable Seek Help pussy boy. Use the show money you made in America and check yourself into Rehab quietly. How are u 40 yr old and wanna be a Black American teenage Crashout so Bad. 🤡
Lmaooooo you’d be living at Keffi. Your neighbors will be Ikoyi Prison and Obalende. If you’re lucky to get old Ikoyi, you’d be at the boys quarters of a Retied Chief justice 😂
Yoruba men and audacity😂😂
So this Yoruba man at the bar sees a lady ordering wine with 2 cups
And he thought the 2nd cup is for him and already imagining the whole vibe of them been together, as he saw her whisper to the waiter he assume they're talking about him, and after a while as they didn't reach out to him he thought maybe she doesn't want to make the first move and he decides to make his move. Walks up to her and offer to pour the wine on her table, a wine he didn't pay for😂😂
Amidst the drama a guy came to join them apologising for been late, and this yoruba man next thought was to save her from the guy😭😭
@CyrusAdemola @AlbertDan247 @arhermad Or, just or ooo
He has spent the money and knows there's no way he'll ever make such an amount and decides to just stay in jail cos at least food sure for am there
Good morning @OyoPoliceNG,
On Tuesday, January 13, 2025, armed men of the Nigeria Police from the Anti-Cybercrime Unit, Eleyele Police Headquarters, let themselves uninvited into my house, brandishing different kinds of arms.
After letting themselves in, about 10 of them… 1/11
I’ve been in debt since 2024 (about 2M) and my creditor loves me because I have never failed to pay, but right now I do not have the capacity to carry on. (Today is January 14 and I have not received a single credit alert this year) And I have used all I have to settle my debt, I am 350k away from being debt free.
I have beans (a lot of it), I want to take orders for moi moi this Saturday, PLEASE if you’re in Ilorin try to place an order starting from today till Friday.
If you’re out of Ilorin, you can pls help me retweet. This will help me get started this year.
Pls don’t drag me, I am sincerely begging 🙏🏿
Thank you ❤️