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FIRS Clarifies: No Plans To Tax Skit Makers, Influencers like Mr. Macaroni And Taaooma”

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FIRS Clarifies: No Plans To Tax Skit Makers, Influencers like Mr. Macaroni And Taaooma....KINDLY READ THE FULL STORY HERE▶

Contrary to earlier reports, the Federal Inland Revenue Service (FIRS) has clarified that it does not intend to impose taxes on skit makers, influencers, and other digital content creators…….CONTINUE READING

 

 

 

 

 

 

 

 

 

 

 

Earlier statements attributed to the Special Adviser on Media to the FIRS Chairman, Dare Adekambi, suggested that social media content creators were targeted as significant tax evaders. However, an anonymous FIRS official confirmed on Monday that skit makers are not within the agency’s tax jurisdiction.

The official emphasized that the FIRS focuses on collecting Company Income Tax and does not handle Personal Income Tax, which falls under the purview of state governments. Only corporate entities earning profits of N25 million or more are mandated to pay taxes to the FIRS.

This clarification alleviates concerns among skit makers and influencers regarding potential tax obligations, as the agency reiterates its focus on corporate taxation rather than individual income tax.

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entertainment

“Not For My Kids”: Davido Drops A Bombshell On Pursuing A Career In Music.

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Popular Nigerian music star David Adeleke, widely known as Davido, has shared that he hopes none of his kids follow in his footsteps into the music industry. During a recent appearance on The Vibe podcast, the father of six explained that his personal struggles in the industry make him hesitant to support them becoming artists.....KINDLY READ THE FULL STORY HERE▶

He specifically pointed out his second daughter, Hailey Veronica Adeleke, noting that while she shares his energetic personality and naturally possesses a great singing voice, he remains cautious. Despite his reservations and the hardships he endured, Davido noted that he would ultimately not stand in the way of their ambitions if they are truly talented, mirroring the support he received from his own family.

During the same podcast, the award-winning artist also asserted that he stands alone as the world’s only billionaire offspring to successfully carve out his own independent wealth and reputation. He reflected on how his affluent background initially created obstacles, noting that African audiences typically favor “grass to grace” narratives. Overcoming these hurdles to build his own legacy, Davido boldly challenged listeners, stating, “You can’t name one apart from me”.

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Crime

PAYING THE PRICE: EFCC Cracks Down Hard, Nails Middleman In ₦16 Million Laundering Storm!

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A Federal High Court in Ikoyi, Lagos, has sentenced Sunmonu Olasunkanmi Thaoban to four years in prison for laundering ₦16 million by disguising its illegal origins and converting it into a 2018 black G-Wagon Jeep.....KINDLY READ THE FULL STORY HERE▶

Court Sentences Man to Four Years for ₦16 Million Money Laundering, Forfeits G-Wagon

A Federal High Court in Ikoyi, Lagos, has sentenced Sunmonu Olasunkanmi Thaoban to four years in prison for laundering ₦16 million by disguising its illegal origins and converting it into a 2018 black G-Wagon Jeep.

Key Details of the Case

  • Guilty Plea & Sentencing: Justice Akintayo Aluko handed down the sentence on Thursday after Thaoban pleaded guilty to a two-count EFCC charge, alongside an alternative fine option of ₦1.8 million.

  • The Offense: Prosecutors stated that Thaoban acted as a middleman in 2023, funneling illicit funds to purchase the luxury vehicle, violating the Money Laundering (Prevention and Prohibition) Act, 2022.

  • Asset Forfeiture: In addition to the prison term, the judge ordered the permanent forfeiture of both the convict’s G-Wagon and mobile phone to the Federal Government.

Related BDC Convictions

In a separate proceeding, Justice Aluko also convicted four Bureau de Change (BDC) operators—Umar Muhammad Lamido, Yusuf Musa Yusuf, Abdulmuhimin Mahmud, and Muhammed Musa—for conducting unauthorized foreign exchange transactions outside the official market. Following their guilty pleas, each received a 12-month prison sentence with an option of a ₦100,000 fine.

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Carlos Cordeiro Resigns As Infantino’s Adviser As Opposition Grows Over FIFA Investor Plan.

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FIFA President Gianni Infantino’s controversial proposal to sell commercial stakes in the World Cup has hit a severe wall after senior adviser Carlos Cordeiro resigned, slamming the initiative as “a bad deal” that would “mortgage football’s future.”....KINDLY READ THE FULL STORY HERE▶

FIFA President Gianni Infantino’s controversial proposal to sell commercial stakes in the World Cup has hit a severe wall after senior adviser Carlos Cordeiro resigned, slamming the initiative as “a bad deal” that would “mortgage football’s future.”

Key Developments

  • High-Level Resignation: Cordeiro, the former U.S. Soccer Federation president, stepped down immediately after the Asian Football Confederation (AFC) joined UEFA and Concacaf in formally opposing the plan.

  • Overwhelming Opposition: Three of football’s most powerful confederations are now locked in unity against Infantino’s proposal, jeopardizing its path to approval.

  • The Numbers Against the Deal:

    • UEFA: 55 member associations

    • AFC: 46 member associations

    • Concacaf: 35 member associations

    • Total Combined Opposition: 136 votes, well past the 106 simple majority needed to block the plan out of FIFA’s 211 total member associations.

What the Opposition is Saying

  • Carlos Cordeiro: Denounced the strategy in his resignation, stating it serves neither FIFA’s member associations nor the long-term health of the sport.

  • The Asian Football Confederation (AFC): Declared solidarity with Europe and the Americas, noting that the plan lacks the broad consensus required and explicitly warned against any move that risks “undermining the unity and universal character of the competition.”

FIFA’s Response

Despite the cascading backlash and the numbers heavily favoring the opposition, FIFA leadership has pushed back against the criticism, announcing that it intends to press forward with stakeholder consultations regarding the investment plan.

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