Connect with us

Breaking News

Fake news from Tunde Ednut won’t stop Tinubu’s tax reform – Presidential aide

Published

on

The Presidency has criticised blogger Tunde Ednut, accusing him of spreading misinformation about the Tax Reform Bills, whose implementation is scheduled to commence in January 2026.

Tunde Ednut had shared on social media that, starting January 1, 2026, anyone, whether Nigerian or foreigner, who does business in Nigeria and earns N800,000 or more in a year will have to pay a 20% tax on their total yearly income, regardless of whether they live in Nigeria or not.

“Whether you live in Nigeria or not, so far you do business in Nigeria, you must pay. Wow! See next post,” he added.

Presidential aide, Dada Olusegun, had to clarify, owing to the “misinformation being peddled by certain bloggers on social media led by Tunde Ednut.”

He said for personal income, the newly proposed tax rate is a progressive system, which means higher earners will pay more taxes while low-income earners pay less or none, as the case may be.

The rates are broken down below.

– First N800,000: 0% tax rate, which means individuals earning below this threshold are exempted from paying personal income tax.
– Next N2.2 million: 15% tax rate
– Next N9 million: 18% tax rate
– Next N13 million: 21% tax rate
– Next N25 million: 23% tax rate
– Above N50 million: 25% tax rate.

Olusegun stated that the new tax system aims to alleviate the tax burden on low-income earners and ensure fairness in wealth distribution.

He said, “For companies’ income tax, currently, you start paying CIT as long as you have an annual turnover of N25million. However, the new tax bill has increased this to N50 million to ensure that small businesses grow efficiently before they start paying tax.

“As President Tinubu stated, there is no need to tax the seed anymore in Nigeria; the fruit, which has reached maturity, is the goal.

“The overall goal of the new tax bill is to ensure that low-income earners are appropriately protected while high-income earners pay their dues accordingly, thereby redistributing wealth proportionately to accelerate growth, reduce inequality and bring down inflation.

“Also important to note that the era of multiple taxation will be coming to an end as tens of taxes which citizens pay across different levels of government have now been reduced drastically to a single unit thereby reducing the burden of unnecessary and excessive taxation.”

The presidential aide said the act promises to be a game-changer, “and no misinformation from mob-lifters should be welcomed. We are decades behind on this journey and no one will discourage us now, especially not fake news merchants like Tunde Ednut and his ilk.”

Continue Reading

Politics

Say Goodbye To These Diseases By Eating Sugarcane Regularly

Published

on

Say Goodbye To These Diseases By Eating Sugarcane Regularly

Sugarcane is often enjoyed as a sweet, refreshing treat, especially on hot days.

But beyond its natural sweetness, sugarcane is packed with nutrients and health benefits that can help your body fight off and even prevent several diseases.

Eating sugarcane regularly—or drinking its fresh juice—can be a simple, natural way to boost your health and say goodbye to some common illnesses.

One of the biggest benefits of sugarcane is its ability to support liver health.

Sugarcane juice is a natural detoxifier, helping to flush out harmful toxins from the liver and bloodstream.

It’s especially beneficial for people suffering from jaundice, as it helps restore the liver’s function and maintain the right levels of electrolytes in the body.

Regular consumption can keep your liver healthy and improve digestion.

Sugarcane is also a great friend to your digestive system.

It contains potassium and natural fiber, which help prevent constipation, bloating, and stomach acidity.

Drinking sugarcane juice after meals can improve bowel movements and support the growth of good gut bacteria, making your digestive system stronger and more balanced over time.

Another major health benefit is its positive effect on the kidneys and urinary system.

Sugarcane juice acts as a natural diuretic, encouraging urine flow and helping to keep your kidneys clean.

This can reduce the risk of urinary tract infections and kidney stones.

It also helps maintain proper hydration, which is crucial for kidney function.

For those concerned about infections and low immunity, sugarcane offers a natural boost.

It is rich in antioxidants, such as flavonoids and phenolic compounds, which fight free radicals and strengthen the immune system.

This can help your body ward off infections like colds, flu, and fever.

Lastly, sugarcane supports healthy skin and prevents acne.

Its detoxifying properties clear impurities from the blood, leading to a clearer, glowing complexion over time.

In short, sugarcane is more than just a sweet treat—it’s a natural medicine.

By eating sugarcane regularly or drinking its fresh juice, you can protect your liver, boost digestion, improve kidney health, strengthen immunity, and even achieve healthier skin.

It’s a simple, affordable, and tasty way to say goodbye to several common diseases naturally.

Continue Reading

Lifestyle

What Your Urine Color Says About Your Kidney Health

Published

on

What Your Urine Color Says About Your Kidney Health

The color of your urine can tell a lot about your kidney health and overall well-being. It is often the first sign that something may be off in your body. Paying attention to it can help you catch problems early.

Clear or light yellow urine is usually a good sign. It means you are well-hydrated, and your kidneys are working properly to filter waste. Drinking plenty of water often leads to this healthy color.

Dark yellow or amber urine may indicate dehydration. Your kidneys are concentrating urine to save water. Drinking more water usually helps return it to a lighter color. However, some vitamins and supplements can also darken urine.

Orange or brown urine can be a warning. It may be caused by certain foods, medications, or liver problems. It can also indicate bile buildup or a kidney issue. If it persists, seeing a doctor is important.

Red or pink urine can be alarming. Sometimes it is caused by eating beets or berries, but it can also indicate blood in the urine. This could result from kidney stones, infections, or more serious kidney problems. Immediate medical attention is advised.

Foamy or bubbly urine may indicate protein in the urine. This can be a sign of kidney damage. Persistent foaminess should not be ignored.

Very dark, almost black urine is rare but serious. It may suggest severe dehydration, liver problems, or a rare kidney disorder. Urgent medical evaluation is needed.

In summary, normal urine color ranges from pale yellow to light amber. Changes in color, especially if persistent, should not be ignored. Monitoring your urine and staying hydrated helps maintain kidney health. If unusual colors continue, it is important to consult a healthcare professional.

Continue Reading

Trending

Copyright © 2026 Naijacoaded. All Right Reserved, Powered by Naijacoade.com.