, , , , , ,

Cibiyar Kasuwanci, Kano

Lately, I started paying attention to most of the A-list billionaires from the northern extraction to see if there’s one or two things I could learn from them.

I love learning from every tribe, industries and places.

From my little findings, I learned four things:

1 — They know how to build generational wealth

2 — Their children, beyond inheriting their father’s wealth also inherit their connections and relationships

3 — They understand that financial power is nothing without the political power

4 — They are deeply rooted in their religion and culture

Take the founder of BUA Group, Alhaji Abdul Samad Rabiu for instance, his father, Sheikh Isyaku Rabiu, was a very wealthy and influential businessman. He leveraged his father’s connections to build a multibillion dollar empire.

How about Alhaji (Dr.) Abdulmunaf Yunusa Sarina? His father, Alhaji Yunusa Sarina was a very wealthy man of his time who played big in the oil and gas, and transport sectors.

He not only picked up his father’s entrepreneurial spirit but also leveraged on his connections. Moving away from his father’s wealth (leaving it for elder brothers), he built his own business empire around the education, aviation, oil and gas, transport and haulage sectors.

How about our very own Alhaji Aliko Dangote? His maternal great-grand and grand father were wealthy. When it was time to build his own wealth, he took a loan of $500,000 (N500,000 equivalent) from his uncle.

His daughter is a big part of his business empire today and she has shown so much capacity in the management of the company. Some southerners still believe that only their sons should be introduced into the family business.

No matter how wealthy these people are, their affiliation with their culture and religion remains intact.

You may see them as apolitical billionaires but that doesn’t mean they don’t play high-level politics. They carefully pick the top contestants in Nigeria or at the state-levels where they have special interest and donate to them.

In most cases, they also have aides, friends and brothers who are occupying strategic political positions. Interestingly, they service these relationships very well.

If you are a southerner who wants to build wealth in Nigeria, learn a thing or two from these people.

— Being proud of your culture and religion doesn’t remove anything from you. I’m unapologetic about my Christian Faith. Whether you are a Christian, Muslim, Traditionalist, etc., be proud of your belief.

— Even if you don’t have interest in politics, have friends, aides and family members in politics. A man with political power can mess you up. As a businessperson with great prospect, don’t play politics like street urchins do.

— Build something your children can scale. If your children are of age, bring them into the business. Family business will outlive any other model you can think of.

I hope you picked up a thing or two from this article.

My name is Emenike Emmanuel Chidiebube and I’m committed to helping you build generational wealth through real estate investment (be it physical or digital).

/0 Comments/by
, , , , ,

Cibiyar kasuwanci, Kano

Alhaji Abdussamad Rabiu, wanda ya kafa kuma yake shugabantar BUA Group of Companies, ya bai wa ma’aikatansa mutum 510 kyautar dala miliyan 20.7 (naira biliyan 30) a matsayin godiya da karramawa ga jajircewa da amincinsu a aiki.

– Ma’aikata biyar daga cikinsu sun rabauta da dala $690,000 (naira biliyan 1) kowannensu.
– Fiye da mutum 100 sun samu kusan ₦100m kowanne.
– Sauran kuma sun samu kyauta tsakanin ₦5m zuwa ₦20m.

Ko a watan Fabrairu 2024, ya yi wa duka ma’aikatan kamfanoninsa ƙarin albashi da kaso 50 cikin 100, a daidai lokacin da ƙasar ke fama da hauhawar farashi da matsin tattalin arziki.

Da duka attajiran Najeriya za su bi irin wannan tsari na kulawa da ma’aikata, da Najeriya ta zama ƙasa mai sauƙin rayuwa da zaman lafiya.

Allah Ya saka wa Alhaji Rabiu da alheri, Ya ƙara masa lafiya da ɗaukaka.

Isa Sadi

/0 Comments/by
, , , ,

GAISUWAR JUMUAT MUBARAK

Salam.

May Allah SWT record your name amongst those who will be forgiven.

May HE grant you the strength to fulfill your obligations to the best of your ability and confirm your entrance into Jannatul Firdaus.

May the peace of Allah and Joy of Jumma’at be with you.

May we live to witness more with sound health and wealth.

May Allah answer from His infinite mercy, all that you need and ask for, from the dreams of your heart to the prayers on your lips, to every expectation & aspiration you have in your entire life.

Ameen

JUMA’AT MUBARAK

/0 Comments/by
, , , ,

JUMUAT MUBARAK

Salamu alaikum !!!

Rabbana
Atina
Fid-Dunya
Hasanatan
Wa Fil-Akhirati
Hasanatan
Wa Qina
Azaban Nar👏🏼

These are my Prayers for u nd ur family.

Jumma’at Mubarak

/0 Comments/by
, , ,

SHUGABA BAWAN ALUMMA

TAMBAYOYI DA AMSOSU KAN SABON DOKAR HARAJI TA NAJERIYA

(MUSAMMAN GA MUTANE ƘANANA DA KANANA MASU KASUWANCI)

—

🟢 Q1:
Yaushe sabon Dokar Haraji ta Najeriya za ta fara aiki?

A1:

Za ta fara aiki daga 1 ga Janairu, 2026.

 

—

🟢 Q2:
Wa wannan sabon dokar harajin ta shafa?

A2:

Ta shafi kowane mutum da ke samun kudin shiga a Najeriya (ma’aikata, masu kirkirar abun intanet, masu aiki daga gida, jagorori, ‘yan kasuwa, da sauransu).

Haka nan, ‘yan Najeriya da ke samun kuɗi a ƙasashen waje idan su mazauna haraji ne (“tax residents”) a Najeriya.

 

—

🟢 Q3:
Za a fara harhaɗa haraji kan canja wurin kuɗi ko ajiya a asusun banki?

A3:

A’A.

Motsawar kuɗi (transfer, POS, ajiya ko cirewa) ba abin haraji ba ne.

Abin da ake haraji shi ne kudin shiga da ka samu.

 

—

🟢 Q4:
Za a fara haraji kan kuɗin da yake tsaye a cikin asusun bankina?

A4:

A’A.

Kiyaye kuɗi kawai a asusu ba abin haraji ba ne.

Abin da ake haraji shi ne kuɗin shiga — kamar albashi, ribar kasuwanci, ko ribar ajiya.

 

—

🟢 Q5:
Ni ɗalibi ne ba ni da aiki. Zan biya haraji a 2026?

A5:

A’A.

Idan ba ka da kuɗin shiga da ake haraji, ba za ka biya ba.

 

—

🟢 Q6:
Za a fara duba asusun bankunan kasuwanci sosai?

A6:

I, za a fi samun sauƙin ganin masu bin doka da masu karya ta.

Amma ba za a haraji kuɗin da ke cikin asusun ka ba—riba da kudin shiga ake haraji.

 

—

🟢 Q7:
Idan na karɓi bashi daga Fairmoney ko wani mai ba da bashi, za a haraje shi?

A7:

A’A.

Bashi ba kuɗin shiga ba ne, don haka ba abin haraji ba ne.

Amma fa ribar da kamfanin ya samu daga bashin, shi ake wa haraji.

 

—

🟢 Q8:
Ina da kasuwanci na mutum ɗaya. Zan biya Personal Income Tax ko Company Income Tax?

A8:

Idan kasuwancin ka Business Name ne, Personal Income Tax za ka biya.

Idan Limited Liability Company ne, Company Income Tax za ka biya.

 

—

🟢 Q9:
Idan na sayar da hannun jari (shares) inna samu riba, za a haraje ni?

A9:

A’A, matuƙar hannun jarin bai wuce ₦150m ba, kuma ribar ba ta wuce ₦10m ba.

Idan ta wuce waɗannan, za a fara haraji.

 

—

🟢 Q10:
Ni nayi ritaya (pensioner). Za a haraji fansho na a 2026?

A10:

A’A.

Fansho da fa’idodin ritaya da aka amince da su suna ɓoye daga haraji.

 

—

🟢 Q11:
Shin albashin sojoji zai ci gaba da kasancewa abin sawa haraji?

A11:

A’A.

Albashin jami’an soji yanzu ba a harajinsa.

 

—

🟢 Q12:
Shin masu fasaha (mawaka, marubuta, ’yan wasanni) suna ci gaba da samun keɓewa kan harajin kuɗin waje?

A12:

A’A.

Za su biya haraji kan duk kuɗin su—na ciki da na waje—da suka samu.

 

—

🟢 Q13:
Shin ribar Crypto tana bin haraji?

A13:

I.

Ribar crypto, NFTs da sauran kadarorin dijital ana harajinsu.

 

—

🟢 Q14:
Su wa ne ba za su biya Personal Income Tax ba?

A14:

Masu samun albashi ƙasa da national minimum wage,

ko wadanda suke samun ƙasa da ₦800,000 a shekara.

 

—

🟢 Q15:
Menene sabbin tsare-tsaren haraji (tax bands)?

A15:
👉Na farko ₦800,000 @ 0%
👉Na gaba ₦2.2m @ 15%
👉Na gaba ₦9m @ 18%
👉Na gaba ₦13m @ 21%
👉Na gaba ₦25m @ 23%
👉Fiye da ₦50m @ 25%

—

🟢 Q16:
Idan na samu babban “severance package” lokacin barin aiki, za a haraje shi?

A16:

Ba za ka biya ba idan bai wuce ₦50m ba.

Idan ya wuce, za a haraji sauran bisa tsarin haraji na Q15.

 

—

🟢 Q17:
Idan ina samun riba daga dividends ko haya daga ƙasashen waje, Najeriya za ta haraje ni?

A17:

A’A,

Matukar kuɗin an shigo da shi ta bankuna, dividends, renta, royalties da ribar waje ba za a haraje su ba.

 

—

🟢 Q18:
Idan soja ko mutum a rundunar tsaro ya ji rauni sannan ya fara karɓar “disability pension”, za a haraje shi?

A18:

A’A.

Wannan fansho ta nakasa 100% ba haraji.

 

—

🟢 Q19:
Uban gidana zai fara kamfanin noma. Za a haraje shi?

A19:

A’A.

Kamfanonin noma (noman amfanin gona, kiwo, gandun daji, madara, koko, da sauransu) suna da hutu na shekara 5 ba haraji tun daga ranar fara aiki.

 

—

🟢 Q20:
Ribar da ake samu daga takardun gwamnati (government bonds) suna da haraji?

A20:

A’A.

Dukkan takardun bashin gwamnati ba su cikin haraji.

 

—

🟢 Q21:
Menene “rent relief” da dokar ta kawo?

A21:

Daga 2026, mutum zai iya samun raguwar haraji har 20% na kudin hayar shekara, amma an kayyade shi zuwa ₦500,000.
Misali:

Idan hayar ka ₦5m ce, 20% = ₦1m, amma a dokar iyaka ₦500k ne.

Dole ka bayyana hayarka ga hukumar haraji.

 

—

🟢 Q22:
Ina samun ₦6m a shekara. Zan fi samun sauƙi a sabon dokar?

A22:
Tsohuwar doka:
👉CRA = 20% na ₦6m (₦1.2m) + ₦200k = ₦1.4m
👉Taxable income = ₦6m − ₦1.4m = ₦4.6m
👉Haraji = ₦896,000

Sabuwar doka (NTA 2025):
👉Rent relief = ₦500k
👉Taxable income = ₦6m − ₦500k = ₦5.5m

Sabon ƙididdiga:
👉Na farko ₦800k @0% = 0
👉Na gaba ₦2.2m @15% = ₦330k
👉Ragowa ₦2.5m @18% = ₦450k
Sabon haraji = ₦780k

Kari: Adana ₦116k. Tanadin ka ya ƙaru.

—

🟢 Q23:
Idan kamfanin nawa yana da ciniki (turnover) ƙasa da ₦50m, zan biya haraji?

A23:

A’A.

Kanana kamfanoni da cinikinsu(turnover) yai ƙasa da ₦50m suna keɓewa daga haraji.

 

—

🟢 Q24:
Ni mai aiki ne daga gida (remote worker) a Najeriya ga ƙungiyar waje. Zan biya haraji?

A24:

I,

Idan kasar da ke biyan ka ta keɓe albashinka ta yarjejeniya, to Najeriya za ta haraje shi.

 

—

🟢 Q25:
Baƙon ƙasa da ke aiki a Najeriya, za a haraje shi?

A25:

A’A,

Idan yana aiki a kamfanin farawa (start-up) ko na fasaha ko na ƙirƙira,

Kuma ana harajin albashinsa a ƙasarsa.

 

—

/0 Comments/by
, , , ,

SHUGABA BAWAN ALUMMA

OUTCOME OF THE 34TH EXECUTIVE COUNCIL MEETING HELD ON THURSDAY, 27TH NOV. 2025, AT THE GOVERNMENT HOUSE, KANO

Following exhaustive deliberations on key governance matters, the Council approved several policy decisions and developmental projects cutting across sectors.

A total sum of ₦54,798,217,384.19 was approved for the execution of various projects.

In line with the practice to present these approvals sector by sector, the breakdown is as follows:

1. EDUCATION SECTOR

The Kano State Executive Council reaffirmed its commitment to improving learning infrastructure, technical education, and school facilities.

A total of ₦4,680,187,008.16 was approved for the Education Sector through the following projects:

1. Additional works under the general rehabilitation at Government Technical College (GTC) Dambatta
Amount Approved: ₦242,011,541.88

2. Additional works under the general renovation at Government Technical College, Ungogo
Amount Approved: ₦188,428,006.10

3. Renovation of Falgore Primary School and provision of essential facilities
Amount Approved: ₦167,428,123.59

4. Reconsideration and re-allocation of funds earlier approved to CRC to SUBEB for school renovation and provision of furniture
Amount Approved: ₦1,891,985,000.00

5. Procurement of school furniture for 13 Local Government Areas
Amount Approved: ₦1,000,000,000.00

6. Outstanding payment for completion of furnishing of 34 school libraries
Amount Approved: ₦190,605,836.00

7. Construction and renovation works for the immediate take-off of Gaya Polytechnic (Education component under Works and Higher Education)
Amount Approved: included under Works and Higher Education sectors specifically, but supporting education.

2. HIGHER EDUCATION

1. Provision of operational vehicles for the Implementation Committee for the establishment/take-off of Polytechnic at Gaya LGA
Amount Approved: ₦345,000,000.00

3. HEALTH SECTOR

The health sector received strategic interventions to strengthen immunization and primary healthcare services. The following approvals were granted:

1. Implementation of Routine Immunization Activities (Q4 2025)
Amount Approved: ₦344,731,419.00

2. Renovation, Construction and Procurement of Medical Equipment/Furnishings at Malikawa Garu PHC and Malikawa Sarari Health Post, Bichi LGA
Amount Approved: ₦522,914,486.87

Total for Health Sector: ₦867,645,905.87

4. WATER RESOURCES

Funds were approved to sustain power supply for water production and distribution across the State:

1. Settlement of Energy Bill to KEDCO for September 2025
Amount Approved: ₦214,240,393.05

2. Supply of Diesel (AGO) – October 2025
Amount Approved: ₦153,400,000.00

3. Supply of 120,000 litres of Diesel (AGO) and 17,000 litres of PMS – October 2025
Amount Approved: ₦288,515,480.00

4. Supply of 100,000 litres of Diesel (AGO) – October 2025
Amount Approved: ₦260,000,000.00

Total for Water Resources: ₦916,155,873.05

5. WORKS AND INFRASTRUCTURE

The infrastructure Sector received the highest allocation, reaffirming the government’s commitment to upgrading roads, bridges, and public infrastructure. The following approvals were granted:

1. Augmentation for construction of Unguwa Uku–Yanwaki–Limawa Junction Road – ₦352,964,168.05

2. Review of contract rates for construction of four Sharia Courts – ₦428,522,234.01

3. Renovation and construction works at Governor’s Lodge, Kwankwasiyya City – ₦249,058,296.40

4. Construction of 3-span bridge and hydraulic structures along Rogo–Gwangwan–Sundu Road, Rogo LGA – ₦5,279,560,621.59

5. Rehabilitation/Asphalt overlay of Gama Road Network (Chediya–Gawuna and Gama–Kwanar Tukari) – ₦3,285,725,696.72

6. Reconstruction of Sarkin Yaki Road in Sabon Gari area, in Fagge LGA – ₦2,606,388,055.53

7. Rehabilitation/Asphalt overlay of Independence Road (Airport Road–Club Road Roundabout–Dakata Junction–Hadejia Road) – ₦3,548,978,367.49

8. Rehabilitation/Asphalt overlay of Sokoto Road and Iyaka Road linking State Road – ₦3,983,628,095.10

9. Construction of 2-coat surface dressed road from Rano–Saji, Rano LGA – ₦4,981,950,431.41

10. Rehabilitation/Asphalt overlay of Zaria Road by Unguwa Uku–Yan Awaki–Eastern Bypass – ₦2,108,603,250.00

11. Construction of a road from Sabuwar Tasha along Gwarzo Road to Ring Road Western Bypass – ₦2,248,190,680.94

12. Supply and installation of furniture, fittings and equipment at Deputy Governor’s Residence, Government House – ₦444,529,428.07

13. Construction and renovation for take-off of Polytechnic at Gaya Town – ₦3,190,779,669.85

14. Supply and Installation of 4-way intersection traffic lights across major roads – ₦2,121,895,215.50

15. Phase I – Additional works in Governor’s Wing (roofing, finishing and electrical/mechanical works) – ₦803,903,855.16

16. Phase II – Automated Intelligence Surveillance Gadgets at Governor’s Wing – ₦1,294,437,153.22

17. Phase I – Additional works (furniture, fittings & equipment) in Governor’s Wing – ₦318,027,454.62

Total Allocation to the Works Sector: Over ₦39 Billion

6. HOUSING & URBAN DEVELOPMENT

1. Establishment of an Emergency Operation Centre at Government House
Amount Approved: ₦1,004,342,689.86

2. Construction of Kano State Chief Judge’s Residence
Amount Approved: ₦440,618,554.38

3. Renovation of Protocol Lounge at Mallam Aminu Kano International Airport (MAKIA)
Amount Approved: ₦192,538,439.38

4. Construction of 3 Courtrooms, new office block and Judges’ offices at Audu Bako Secretariat
Amount Approved: ₦663,555,718.51

5. Review of contract for construction of Islamiyya School at Kwankwasiyya City
Amount Approved: ₦585,839,353.00

Total for Housing: ₦2,887, – approx (sum preserved exactly as listed)

7. LOCAL GOVERNMENT

1. Completion of 5km Dualized Road and construction of additional roads in Gaya Town, Gaya LGA
Amount Approved: ₦5,557,757,168.91

8. OFFICE OF THE SECRETARY TO THE STATE GOVERNMENT

1. Settlement of Outstanding Liabilities of Royal Tropicana Hotel
Amount Approved: ₦150,000,000.00

10. PUBLIC PROCUREMENT, PROJECT MONITORING & EVALUATION

1. Design, Development and Migration to Electronic Procurement Software Solution (Phase I)
Amount Approved: ₦385,600,000.00

GENERAL COUNCIL RESOLUTIONS

The Council deliberated on several critical issues:

1. Imflamatory Remarks by Former Governor Ganduje and Deputy Senate President Barau Jibrin

The Council expressed deep concern over the recent comments, apparently posing security threat, especially a public declaration to recruit 12,000 individuals under a proposed religious militia organization named Khairul Nas.

Council noted that:

The statements were inflammatory, reckless, and capable of undermining the security efforts of both the State Government and the Federal Government.

Within 48 hours of the utterances, suspected bandits attacked border communities—raising serious suspicions.

Council Resolved:

To appreciate Sen. Bola Ahmed Tinubu led Federal Government and security agencies for their continuous support to address the security challenges

To call for the immediate investigation and arrest of the former Governor Dr. Abdullahi Umar Ganduje, for attempting to create an illegal and unlawful militia group

To caution public figures against making divisive and inciting statements.

To reassure citizens of government’s unwavering commitment to peace and security.

2. Housing Allocation in Kwankwasiyya and Amana Cities

Council appreciated allottees who complied with directives to occupy their houses and reaffirmed that the earlier 31st December deadline, remains in effect.

3. Awards and Recognitions Presented to His Excellency, the Governor

Several organizations presented Awards of Excellence to the Governor, which include:

-Association of Chairmen of Local Government Service Commissions in Nigeria

-Federal Ministry of Planning and Budget, Agriculture and Health (Senegal)

-HATMAN

-Society of Nigerian Broadcasters

-Pharmaceutical Society of Nigeria

-Kano Correspondents’ Chapel

-Kautal Pulaku Fulbe Association (Bauchi)

-Sudu Baba Fulbe

-Abba Gida-Gida Hasken Matan Kwankwasiyya – Best Performing Governor in Northern Nigeria (2025)

-Primary Health Care Coordination Forum

-Nigerian Dental Association

-GML Directors

It is worthy to note that, approvals and resolutions granted at the council meeting, reaffirm the commitment of the Kano State Government under the leadership of His Excellency, the Executive Governor, to infrastructure expansion, institutional strengthening, service delivery, and security.

Comrade Ibrahim Abdullahi Waiya
Hon. Commissioner,
Ministry of Information and Internal Affairs
Kano State Government
27/11/2025

/0 Comments/by
, , ,

SIYASAR TATTALIN ARZIKI

*QUESTIONS & ANSWERS ON THE NEW NIGERIA TAX LAW*

* (SPECIFIC FOCUS ON INDIVIDUALS AND SMALL BUSINESSES)

🟢 *Q1*:
* When will the new Nigeria Tax Act take effect?

*A1:*
* The new Nigeria Tax Act takes effect from *1st January 2026.*

🟢 *Q2*:
* Which specific individuals does the Nigerian Tax Law apply to?

*A2*:
* It applies to all individuals who earn income in Nigeria (workers, content creators, remote workers, influencers, traders, etc.) and to Nigerians earning income abroad if they are tax residents in Nigeria

🟢 *Q3*:
* Will transfers and deposits into my bank account be taxed?

*A3*:
* NO. Moving money around (via POS, transfers, deposits, or withdrawals) is not a taxable event. What is taxed is income earned.

🟢 *Q4*:
* Will the money I KEEP in my bank account be taxed from 2026?

*A4*
* NO.
* Just having money in your account is not taxable.
* Only the income you earn (like salary, business profits, or interest) is what can be taxed.

🟢 *Q5* :
* I’m a student with no job. Will I pay tax in 2026?

*A5*:
* NO.
* If you have no taxable income, you won’t pay tax.

🟢 *Q6*:
* Will tax authorities now monitor bank accounts of businesses more closely?

*A6*:
* YES,
* It will be easier for authorities to track compliance.

However,
* Your bank balances will not be taxed; profits and income are.

🟢 *Q7* :
* Will I pay tax on the loan I borrow from Fairmoney or any lender?

*A7*:
* NO.
* Loans are not taxable given that they are not income.

* However, the interest income earned by Fairmoney will be taxed in their own hands.

🟢 *Q8*:
* I run a one-man business.

* Do I pay personal income tax or company income tax?

*A8*:
* If registered as an enterprise (business name), you pay Personal Income Tax.

* If registered as a limited liability company then you pay Company Income Tax.

🟢 *Q9*:
* If I sell shares and make a profit, will I pay tax in 2026?

*A9*:
* NO,
* as long as the shares you sold are not more than ₦150 million in value, and the gain is not above ₦10 million.

* However, if it is higher than this threshold, the gain becomes taxable.

🟢 *Q10*:
* I am a pensioner.
* Will my pension income be taxed in 2026?

*A10*:
* NO.
* Approved pension and retirement benefits are exempt from tax.

🟢 *Q11*:
* Are military salaries taxable?

*A11*:
* NO.
* The salaries of military officers are now tax-exempt.

🟢 *Q12*:
* Do creatives (authors, musicians, sportsmen) still enjoy tax exemptions on foreign income?

*A12*:
* NO.
* They must now pay Nigerian tax on their income earned within Nigeria and outside.

🟢 *Q13*:
* Are crypto gains taxable?

*A13*:
* YES.
* Profits from crypto, NFTs, and other digital assets are now taxed.

🟢 *Q14*:
* Who is exempt from personal income tax?

*A14*:
* Individuals earning the national minimum wage or less, and those earning below ₦800,000 annually, are exempt.

🟢 *Q15*:
* What are the new progressive tax bands?

*A15*:

👉First ₦800,000 @ 0%
👉Next ₦2.2m @ 15%
👉Next ₦9m @ 18%
👉Next ₦13m @ 21%
👉Next ₦25m @ 23%
👉Above ₦50m @ 25%

🟢 *Q16*:
* If I get a big severance package when leaving my job, will I pay tax on it?

*A16*:
* You won’t pay tax if it is ₦50 million or less,
* BUT if it is more than the extra amount, it will be taxed using the progressive tax band in no 15 above.

🟢 *Q17* :
* If I earn dividends or rent from abroad,
* Will Nigeria tax it?

*A17*:
* Dividends, interests, rent, royalties earned from outside Nigeria are EXEMPT from tax provided they are brought into Nigeria through approved channels (banks).

🟢 *Q18*:
* If a soldier or anyone in the armed forces gets injured in service and starts receiving a disability pension, will it be taxed in Nigeria?

*A18*:
* NO.
* The disability pensions earned by the soldier or anyone in the armed forces will be completely tax-exempt.

🟢 *Q19*:
* My uncle wants to start an agricultural company next year.
* Will his company be taxed in Nigeria?

*A19*:
* NO.
* Agricultural companies such as those in crop production, livestock, forestry, dairy, and cocoa processing will enjoy a 5-year tax holiday from the date they begin operation.

🟢 *Q20*:
* Is income from Federal or State Government bonds taxable?

*A20*:
* NO,
* All government bonds are exempt from tax.

🟢 *Q21*:
* What does rent relief entail under the new tax law?

*A21*:
* YES.
* From 2026, individuals can claim rent relief of 20% of the annual rent paid, but capped at ₦500,000.

For instance,
* If your yearly rent is ₦5 million, 20% would be ₦1 million, but the law caps it at ₦500,000.

* To enjoy this relief, you must declare your actual rent and provide the details to the relevant tax authority.

🟢 *Q22*:
* I earn 6m yearly, will I be better off under the new tax law?

*A22*:
* Old law:

👉CRA = 20% of ₦6m (₦1.2m) + ₦200k = ₦1.4m.

👉Taxable income = ₦6m − ₦1.4m = ₦4.6m.

👉Applying old tax bands gives a total tax of ₦896,000.

👉New law (NTA 2025):
* Rent relief = ₦500k (must declare actual rent).

👉Taxable income = ₦6m − ₦500k = ₦5.5m.

👉Applying new bands:
* 👉First ₦800k @0% = 0

* 👉Next ₦2.2m @15% = ₦330k

* Remaining ₦2.5m @18% = ₦450k

* Under the new law, tax reduces from ₦896k to ₦780k, saving ₦116k.

* This will increase your net pay (take-home pay).

🟢 *Q23*:
* If my company’s turnover is below ₦50 million, will I pay tax?

*A23*:
* NO.
* Small companies with a turnover of less than ₦50m are exempt from taxes.

🟢 *Q24*:
* As a remote worker in Nigeria for an international organisation, will I pay tax?

*A24*:
* YES,
* You will pay tax in Nigeria if the country where the international organisation is based exempts your salary under a treaty or diplomatic arrangement.

🟢 *Q25*:
* Will a foreigner earning a salary in Nigeria be taxed?

*A25*:
* NO,
* if their employer is a start-up,
* or operates in tech or creative arts, and their income is already taxed in their country of residence.

#2026iscoming

/0 Comments/by

KASUWANCI DA MASANAANTU

Home  NEWS  FG Reaffirms Support for Kano as Economic Powerhouse – VP Shettima

FG Reaffirms Support for Kano as Economic Powerhouse – VP Shettima

By

Editor

 –

 

IMG 20251126 WA0013

LIVE

…As KACCIMA Unveils Vision to Establish Five-Star Hotel, Private School,  Microfinance Bank by 2026..

The Vice President, Kashim Shettima has
said that the Federal Government, remains committed to supporting Kano’s role as a major economic powerhouse in Nigeria.

The Vice President made this known at the opening ceremony of the 46th Kano International Trade Fair, held on Tuesday.

Read Also: KACCIMA Urges Vigilance Over New FG Tax Policy

Represented by his special Assistant on Technical Matters, Dr. Ibrahim Nagwandu, the Vice President Shettima added that as at end of 2024, SMEs contribute significantly to the Nigerian economy by being a major source of employment and accounting for approximately 84% of the country’s workforce and 48% of the nation’s Gross Domestic Product (GDP).

“They are crucial for economic diversification, poverty reduction and job creation, and also play a significant role in supplying goods and services to larger corporation. SMEs help move the economy away from its reliance on oil export by driving growth in other sectors and creating job opportunities for our teeming youth. No nation achieves sustainable development without empowering its SMEs.”

According to him further”This administration has therefore placed SMEs at the center of its Renewed Hope Agenda, prioritizing access to finance, energy reforms, digital infrastructure, value addition and export promotion.”

Read Also; Nigeria Customs Comptroller Seeks Strategic Partnership with KACCIMA to Boost Business Compliance

The Vice President maintained that in recognition of the significant role SME’s play in Nigeria’s economic growth and development, the Administration of President Bola Ahmed Tinubu, has proactively provided various policy initiatives to support and promote the growth of SME’s in Nigeria. These policies include: Micro, Small and Medium Enterprises Development Fund (MSMEDF), Agribusiness/ Small and Medium Enterprises Investment Scheme (AGSMEIS), and the Export Expansion Grant (EEG). Other initiatives include the National Micro, Small and Medium Enterprises (MSME) Policy, which aims to build a vibrant SME sector, and financing programs from development banks such as the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN).

Read Also: KACCIMA Welcomes New President, Amb. Usman Darma, with Reform-Driven Vision

He noted “these policies focus on affordable financing, capacity building, trade facilitation and export promotion, digital transformation and innovation, agricultural value chain and food security, as well as creating a more favorable business environment. To the SMEs, this is the moment to innovate, scale-up and explore export opportunities. I urge all our esteemed MSME participants in Kano and across Nigeria, to leverage on these important government interventions to grow and expand their local businesses for shared prosperity.”

Speaking also the kano State Governor, Alhaji Abba Kabir Yusuf, represented by the Commissioner for Commerce Mines, Agriculture and Industry, Alhaji Shehu Wada Sagagi stated that the Kano State Government provides enabling environment for doing business, particularly for SMEs.

He maintained that the State Government approved the sum of over N5 billion to
Bank of industry to enhence industrial activities, adding that the Government approved the sum of N3 billion for the construction of five Roads within Kano Singer Market.

hei emphasized the pivotal role of SMEs in Nigeria’s economic transformation, aligning with the Federal Government’s Renewed Hope Agenda.

Governor Yusuf highlighted Kano’s historic role as a commercial hub, stating that the city has long served as “an inter-regional trade destination for most of the Sahel and parts of sub-Saharan Africa.” He praised the Kano Chamber of Commerce for organizing the fair, which he described as a platform that “brings together business leaders, investors, policy makers, international investors and other critical stakeholders.”

Read Also: FG, KACCIMA, Extol Dangote Over Sponsorship Of Kano Fair

The Governor emphasized the theme of the fair “Empowering SMEs for Sustainable Development” as a reflection of the Federal Government’s commitment to using small businesses as engines of growth. He noted that SMEs account for “approximately 84% of the country’s workforce and 48% of the nation’s Gross Domestic Product (GDP),” making them essential for job creation, economic diversification, and poverty reduction.

Governor Yusuf reiterated the administration’s support for SMEs through initiatives like the MSME Development Fund, AGSMEIS, and the Export Expansion Grant. He urged entrepreneurs to “innovate, scale-up and explore export opportunities,” adding, “No nation achieves sustainable development without empowering its SMEs.” He also commended the Kano State Government’s efforts in fostering a conducive environment for enterprise and investment.

In his welcome address, Ambassador Usman Darma, the President of Kano Chamber of Commerce, Industry, Mines and Agriculture, KACCIMA has said the Chamber under his leadership is planning to develop a five-star hotel to enhence business tourism and attract global investors to Kano.

He said the initiative is part of the plans and strategic Vision to advancing bold, transformative projects design to further empower SMEs reshape Kano’s economic landscape.

He similarly said the KACCIMA is planning to establish a world class private school, providing high level quality healthcare and reducing the need for out medical travel.

“Constructing a modern shopping mall and commercial complex that will support SMEs and expand retail opportunities.

“Inshaa Allah, before the end of the first quarter of 2026, finalizing and establishing the KACCIMA Microfinance Bank, a specialiazed institution that will provide accessible financial products tailored to the needs of SMEs” he said.

The president of the Chamber lauded president Bola Ahmed Tinubu for for federal government economic policies, although, according to him, so of these reforms may initially appear demanding.

He maintained that, “in this regard, KACCIMA is working closely with the federal inland revenue service (FIRS) to implement comprehensive enlightenment and town- hall engagements for the Kano Business Kano Community, on the new tax reforms schedule to commence in January, 2026. This is part of our commitment to ensure that SMEs adapt to reforms from a position of knowledge rather than uncertainty.” Amb. Darma however said.

Alhaji Ahmad Rabiu President Engr. Jani Ibrahim speaking on behalf of National President of NACCIMMA, Engr. Jani Ibrahim, the Former President of KACCIMA, Alhaji Ahmed said nothing is more important in society environment than empowering Small Medium Enterprises.

Read Also: KACCIMA Leadership Tussle: Police Arraign Concern Chair, Gets N20 Million Bail

This according to him,  can be achieved through education and empowerment.

He called on the Kano State Government to as a matter of urgency to put more effort to curtail the rising insecurity in the state

In his remarks, Dalhatu Abubakar, Comptroller of Customs, Kano/Jigawa Area Command, noted that:

Customs, as critical stakeholders, have engaged with KACCIMA’s administration to align with the mandates of the Comptroller General, CGC Bashir Adeniyi.

The Comptroller said in the last 10 months since his assumption of duty as Comptroller of the Kano/Jigawa Area Command, the command has received four awards. He went on to list the awards:- Best Stakeholders Engagement Command, Best Public Relations Officer in the Nigeria Customs Service Commands and Formations across the country, 2025 Best Command with Improved Revenue and Best Area Comptroller in the NCS.

Read Also: Consul General of Saudi Arabia in Kano Visits KACCIMA

Comptroller Abubakar added that the command has a pavilion stand within the fair to further engage with the business community, as part of efforts to enhance public engagement, one of the key mandates of CGC Bashir Adeniyi.

/0 Comments/by

KASUWANCI DA MASANAANTU

Kano Online Media Chapel ta yabawa kamfanin Dala Food Nig da Kamfanin POP Cola
By Justicewatchhausa -November 21, 20250

Kungiyar yan jaridun yanar Gizo ta ƙasa reshen jihar kano, Online Media Chapel ta yabawa kamfanin Dala Food Nig limited da Kamfanin POP Cola, bisa irin girmamawa da karramawar da kamfanunuwa suka yiwa kungiyar, a yayin taron ƙarawa mambobinta ilimi da sanin makamar aiki da yadda za’a koyi amfani da fasahar AI (One Day Capacity Building).

Shugaban kungiyar Abubakar Abdulkadir Dangambo ne ya bayyana haka, yayin gudanar da taron ranar Talata a ma aikatar sufuri ta jihar Kano.

/0 Comments/by

TAYA NI MU GYARA……

“Yan uwa saboda gudun faduwa, kada mu yarda mu jingina da wani ba Allah SWT ba, Kuma duk wanda yake ganin sai mun bi shi zamu samu wani abun rayuwa, mu barshi yan uwa mu gani ba za mu samu ba, in mun samu rabon mu ne in kuma muka rasa dama can Allah ne bai nufa ba”.

*Ya Ubangiji ka kara mana dogaro gareka bawai wanin ka ba.

Allahumma Ameen*

/0 Comments/by