Nigerian Man Warned by Market Woman to Use 'Gift' Narration to Avoid Tax Deductions

A Nigerian man shared his experience with the new tax law effective from January 1, 2026, expressing concern over deductions. The man narrated how a market woman advised him to describe transactions as 'gifts' to avoid tax deductions.

Chairman of tax reform, Mr. Taiwo Oyedele, clarified the new tax system amidst public confusion.

This comes as Nigerian workers are displeased with deductions revealed in their payslips. The man's story highlights challenges faced by individuals navigating the new tax regulations in Nigeria.