Akinola Babatunde

[Banter God @Banter_God1]

A lady was seen not wearing pant at a market 😹😹😹.
Look at how boys dey look ein back 😂

[𝙼𝚁. 𝚁𝙸𝙲𝙷𝙲𝙰𝙰𝙽 @GHOSTllvg]

Showboy came home only to find out that his righthand man, Pablo, was in the room with his small girl, blasting the tots 😭💔

[Omo Kogi (Yagba) 🌍 @harrysone9]

If this pops up on your timeline and you don’t know how to deal with cockroaches, wall geckos, and other insects in your apartment

watch and save this video. Thank me later

[Kalu Aja @FinPlanKaluAja1]

We fixed the engine... but there's no gas in the tank.

That's Nigeria's economy right now. The macro is doing well. The common man cannot consume.

My full interview on News Central's Breakfast Central:
https://t.co/ce4FQ9Q0cr

[White Cat @CatWhite_3]

Why Air Force One Is Built for a Nuclear War?🇺🇲🇺🇲

[Richard @ricwe123]

It’s genuinely refreshing to hear someone speak the unvarnished truth instead of peddling a carefully manufactured load of bullshit designed to deceive, manipulate, and brainwash the masses.....

[Femi Obaf @OBAF4U]

Is Tinubu really a Tinubu?

[SKB @seyikanbai]

no BBL, no Lagos party 😂

[MaryO💖 @Marylifted]

She must be his ex to be behaving like this. The bride was so calm and unbothered, as if nothing was happening.

[Szymanski @Szymansk_ii]

One day the world will know the truth about JW

Religion is a terrible thing to befall on humans

[JusticeCrack @Justice_Crack]

It’s painful to see people we once held in high regard lose the respect they earned in the name of joining the APC. Someone like Shegun Showunmi appears to have lost some of that credibility in his attempt to defend the APC government.

[The Good Films. @The_GoodFiIms]

Film Title; S.W.A.T🔥 🎬

[Daya Borders | USD & EUR Bank Accounts @DayaBorders]

With Daya, the same dollar amount means more naira in your accountWith Daya, the same dollar amount means more naira in your account.

[Omo Kogi (Yagba) 🌍 @harrysone9]

This is how to identify an original Samsung phone and a refurbished one.

Save this video because e go save you tomorrow

Watch till the end.

[Chude @Chude_ND1]

Nigeria’s First Jean 👖factory opens in Agbara Ogun State.

[bigg Kenny ⚡ @KCnotlimpopo]

Doma Lifestyle, Cubana chief priest show of his newly built multimillion Naira club schedule to be opened this December

[Nwamaka @ama_kaaa]

You see what Shade Okoya's son is doing to her? This is exactly what my son does to me,they think because they are bigger than you,that automatically makes them stronger than you.

I really enjoyed watching this video.

[Santiago @Santiago_2941]

Walking to challenge deep ocean

[Millishield 01 🚘🌽🫑🌶🦈🐔 @Millishield01]

You daddy did not built Lagos.

[JP Attueyi @jpattueyi]

This post made me realize that many of you don't even know what presumptive tax means.

Permit me to educate you.

First of all by law, everyone is required to file taxes by the 31st of March 2027.

That's approximately 2 months after the election, in case you haven't noticed.

Whether you are employed or unemployed, NRS no send your papa. You must file.

What happens if you don't file?

The Nigeria Tax Administration Act provides for:

- ₦100,000 administrative penalty in the first month of failure.
- ₦50,000 for each subsequent month the failure continues.

So what is Presumptive tax?

Presumptive tax establish a simplified tax framework for individuals and informal sector businesses whose income cannot be reliably calculated due to a lack of accounting records.

Now Imagine being a POS operator in Nigeria. Your personal bank account records ₦100 MILLION in transactions in one year. Then the taxman comes asking questions.

You are not a big businessman. You operate a POS stand, help people withdraw and transfer money, and earn commissions on transactions.

But because you use your personal bank account to run the business, ₦100 million has passed through that account in a year.

But if you cannot produce proper records showing what you earned, the tax authority may assess your business using the presumptive tax rules.

Here is where things get serious.

Under the 2026 regulations, qualifying businesses whose income cannot be reliably determined may face a presumptive tax of 1% of actual or estimated turnover or revenue.

If the tax authority lawfully determines that your taxable turnover was ₦100 million, 1% would be ₦1 million in tax.

For those that file taxes, if NRS looks at what you paid for taxes and decides it's too small, the law gives the tax authority to make an additional assessment if it determines that you were assessed below the amount properly payable. They can use presumptive tax to bill you more.

So they will send you additional amount to pay based on their own assessment.

If the tax debt becomes due and remains unpaid, the law also empowers the relevant tax authority, under specified conditions, to take that money from your bank, or from your business partner or your supplier or anyone that is doing business with you.

The scariest part is that they can do this without first obtaining a Court order.

Now ask yourself have you received clear, practical education on these rules before enforcement begins?

Government wants compliance, but compliance requires understandable rules, fair assessments, accessible filing and a genuine opportunity to challenge mistakes.

People should not have to discover their tax obligations through a penalty notice.

Elections have consequences.

You go vote abi you no go vote?