News
Double headache: Barbers, Bricklayers, Car Hairdressers, Others To Start Paying Tax As Individuals
By Mario Deepromoter
Despite hunger in Nigeria, the Oyo State House of Assembly passed the State Presumptive Tax Bill, 2023, which provides for the imposition, administration, and collection of presumptive tax on individuals and entities whose income cannot be ascertained due to a lack of financial records.
Specifically, it takes care of those not covered under the Pay-As-You-Earn or direct assessment provisions of the revenue administration law of the state or those whose financial records of the business undertaking are not kept in a manner to enable proper assessment of income tax payable to be readily ascertainable.
Those businesses captured for various presumptive tax rates include artists and sign writers, barbers, bricklayers, carpenters, grinding mills, gas refilling depots, hairdressers, horticulturists, photographers, plank sellers, plumbers, welders, mechanics, block makers, saw millers, book stores, typing studios.
Under the section of the law titled: “Oyo State Negotiated Presumptive Tax Rate,” owners of adult wear (boutique) are liable to pay a minimum of N10,000 yearly and maximum of N50,000; barbers, from N3,000 to N10,000; artists and sign writers from N5,000 to N50,000; bicycle repairers, between N2,000 and N10,000.
Others captured are bookshop/stationary stores to pay a minimum of N10,000 and maximum of N20,000; bricklayers from N10,000 to N30,000; sellers of building materials from N15,000 to N50,000; furniture makers, N25,000 to N40,000; carpenters are to pay between N10,000 and N35,000; gas refilling sellers between N25,000 and N45,000; photographers between N2,000 and N5,000; plumbers between N2,000 and N10,000.
The list of those to pay presumptive tax also include welders, from N5,000 to N20,000; fruit sellers from N1,000 to N5000; sales and repairs of the handset, between N2,500 and N4,000; shoemakers between N500 and N2,000; laundry from N1,000 to N2,500; block makers between N15,000 and N25,000; vulcanizers from N2,500 and N7,500; mechanic/welder/rewire are to pay between N1,500 and N5,000; plank sellers between N2,500 and N10,000.
A taxable person who fails or neglects to make payment of the tax due shall be liable to pay the sum and a penalty equal to 10 per cent per annum while those who maintain up-to-date records and file returns within the stipulated period shall be granted a rebate of two percent of the tax payable.
As contained in the law, persons subject to presumptive tax shall file returns on or before 90 days from the commencement of each year, while upon payment of all tax assessments, the taxable persons shall be issued a Tax Clearance Certificate.
News
Port Harcourt refinery: NNPCL disowns recruitment notice
The Nigerian National Petroleum Company Limited (NNPCL) has disclaimed a purported recruitment announcement for the Port Harcourt Refining Company (PHRC), warning the public against falling victim to fraudulent schemes.
In a statement released on its official X handle (formerly Twitter) on Friday evening, the oil company clarified that no separate recruitment process was ongoing for PHRC beyond the one initiated in 2024.
The statement, titled “NNPC Ltd Disclaims Purported Recruitment Announcement for PHRC,” was signed by the Chief Corporate Communications Officer, Olufemi Soneye.
“The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged members of the public to discountenance purported recruitment announcement for the Port Harcourt Refining Company (PHRC) circulating in certain online platforms,” the statement read.
NNPC Ltd further explained that its recruitment process, which commenced last year, covered all its subsidiaries, including PHRC. The company noted that candidates who passed the Computer-Based Aptitude Test were proceeding to the interview stage.
“The purported recruitment link being circulated in various online platforms is the handiwork of fraudsters who are keen on taking advantage of the newly revamped Port Harcourt Refinery to fleece unsuspecting members of the public with a phantom recruitment announcement. We, therefore, call on members of the public to be wary of the ploy and not fall for it,” the statement warned.
News
Hajj 2023 refund: Pilgrims from Adamawa get N61,080 each
The Adamawa State Muslims Pilgrims Welfare Commission has disbursed N61,080 to each of the 2023 pilgrims from the state over poor services rendered to them by the service providers while in Saudi Arabia.
The executive secretary of the pilgrims commission, Malam Abubakar Salihu, disbursed the refunded money, saying it was a step of accountability.
The disbursement was paid into the account of the pilgrims or, for those without account numbers, through the local government schedule officers of the 21 local governments of the state.
Responding on behalf of the beneficiaries, Alhaji Shuaibu Musa Mele appreciated the commission for ensuring that each pilgrim gets his rightful refund.
The Kingdom of Saudi Arabia had earlier refunded money through the National Hajj Commission of Nigeria, for sharing among the 36 states of the country.
News
Security operatives destroy Bello Turji’s food storage facility
A school building in Fakai village, reportedly used as a food storage facility by the notorious bandit leader Bello Turji, has been destroyed.
The facility, which had been stocked with large quantities of food supplies, was completely razed, leaving the structure in ruins.
According to local sources, the school was repurposed by the bandits to support their operations in the region.
It served as a key logistical hub for storing essential supplies, ensuring the group’s ability to sustain its activities over time.
The destruction of the stockpile is seen as a major setback for Bello Turji’s network. By eliminating a critical resource hub, the operation is expected to disrupt the group’s supply chain and hinder their ability to operate effectively in the area.
Counter-terrorism expert Zagazola Makama reported that the incident underscores ongoing efforts to counter the influence and operations of bandit groups in the region.
Residents of Fakai village and surrounding areas hope this effort signals further strides toward restoring peace and security.
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