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Tax fact-checking & training platform for content creators

Finance · 2 mentions

#2007149578731303005

@taiwoyedele @DonAzag Content creators are deliberately spreading false information about the new tax law bcos they all have been avoiding tax all along. This new law won't allow that but they want d poor masses to revolt on their behalf when it is clear d law favours d poor but makes d rich pay more

#2007145887835812204

@DonAzag https://t.co/8upICKCcs5 Dear @DonAzag I have previously acknowledged your efforts to educate the public on tax reform. However, some of your contents, including this video, contain technical inaccuracies misleading your audience. This is precisely why we invited some content creators to a training session on the tax reforms to enhance their understanding for better context and informed public engagement. You declined the invitation and instead made spurious allegations about the intent of the initiative. For the record, no participant was paid or asked to promote the tax laws. Hundreds of creators attended, including many with larger followings. Tax policy cannot be responsibly analysed through surface-level research or intuition. Unfortunately, your video reflects a mixup of key concepts, leading to incorrect conclusions. Below are some concepts used in your analysis where you need better understanding: 1. Household income and individual income are not the same. You referenced my comment on household income but went ahead to do your entire analysis based on individual income. 2. You assert that poverty must be determined based on the international poverty threshold of USD 3 per day and then you applied it incorrectly. First, the threshold was USD 2.15 per day until June 2025 same month the tax bills were signed into law. Second, you applied market exchange rate instead of purchasing power parity. If you wish to understand the Nigeria context, you may find the Nigeria Living Standards Survey by the NBS in collaboration with the World Bank useful. 3. Taxable income is not the same as gross income. Treating ₦800,000 taxable income as gross income is incorrect and materially alters your analysis. 4. The law expressly exempts the national minimum wage from personal income tax. Insisting that people who earn the national minimum wage will be taxed is incorrect. Proper understanding is important for constructive public debate. If you're concerned about the tax burden on low-income earners and small businesses, it would be helpful if you also inform your followers the taxes these people currently pay and whether the new tax law is better or not. You may get the clicks and views by presenting incomplete or incorrect information fueling unnecessary discontent but ultimately you are harming the very audience you seek to inform. Disagreement about public policy is healthy, but it must be grounded in knowledge, not sentiments. Present your opinion if you have a different perspective, rather than asserting that others are wrong or dishonest. You can do well while also doing good. Taiwo Oyedele

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