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    Home»Nigeria Economy»Social Listening Wednesday 17 September 2025
    Nigeria Economy

    Social Listening Wednesday 17 September 2025

    NigeriaNewzBy NigeriaNewzSeptember 17, 2025No Comments7 Mins Read
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    Constructive buzz over jollof rice by Hilda Baci

    The social media buzz surrounding Hilda Baci’s colossal Jollof Rice occasion is full of life and assorted, however predominantly celebratory. Key highlights embrace:

    •​Hilda Baci cooked what might be the most important pot of Jollof rice ever, utilizing a custom-built vessel with a capability of over 22,600 litres. The cooking course of took hours and concerned greater than 300 folks, attracting hundreds of enthusiastic spectators in Lagos. This occasion aligns together with her standing as a former Guinness World Document holder for a earlier cooking marathon and showcases Nigerian satisfaction in Jollof Rice as a cultural image.

    •​Social media hashtags like #HildaBaci and #GuinnessWorldRecord trended, with excessive engagement from Gen Z, millennials, meals fanatics, and celebrities, celebrating the big culinary achievement as an emblem of Nigerian tradition and success.

    •​Reactions from those that sampled the Jollof ranged from reward for its smoky, wealthy flavour and texture to criticism relating to inconsistencies in seasoning, with some parts being overly salty or undercooked. The dimensions of the occasion made uniform cooking difficult, however the general temper remained optimistic, emphasising its cultural and historic significance over good style.

    •​Humorous and significant feedback appeared on-line, together with frustrations from those that waited lengthy hours for meals solely to complain afterwards, highlighting the social dynamics of such vital public meals occasions.

    •​The large pot partially collapsed throughout or after the occasion, which turned a viral speaking level and meme materials on social media, although it didn’t diminish the achievement.

    •​Video reactions, Instagram Reels, and YouTube clips showcase a variety of responses from the general public, with many expressing pleasure, shock, and satisfaction in regards to the occasion.
    General, social media protection of Hilda Baci’s Jollof rice endeavour reveals a full of life mixture of nationwide satisfaction, cultural celebration, culinary respect, and informal critique typical of a serious public occasion in Nigeria’s social media scene.

    Hilda Baci

    https://www.instagram.com/reel/DOixfzMDaHF/

    The Guinness World Data has an in depth narrative on Hilda Baci’s quest.
    https://www.guinnessworldrecords.com/information/2025/9/did-hilda-baci-just-win-the-jollof-wars-for-nigeria-chef-cooks-up-largest-ever-serving.

    THE NEW TAX LAWS WILL ALSO TAX FOREIGN COMPANIES SELLING TO NIGERIANS

    “The brand new tax legal guidelines require international corporations offering providers to Nigeria to register for tax and embrace VAT of their invoices.

    Below the brand new tax legal guidelines, a service is deemed to happen in Nigeria whether it is supplied to and consumed by an individual throughout the nation, no matter the place the supplier relies.
    This provision successfully brings digital providers akin to streaming platforms, internet advertising, cloud computing, and software program subscriptions into Nigeria’s tax internet.”

    Una don hear??

    Ndi ‘register your organization overseas’ to flee Nigerian tax.

    In case you register a international firm, please make sure that you don’t promote to us in Nigeria. You’ll pay Nigerian tax, oh.

    Fb is paying, oh.

    Go and confirm.

    Culled from Fb

    Tax laws


    No Separate TIN for Banking

    The Federal Inland Income Service (FIRS) has clarified that no separate TIN is required to open or function a checking account. Your NIN (for people) or CAC registration quantity (for companies) is robotically linked to your Tax ID within the nationwide database. While you present your NIN throughout banking processes, the system retrieves your Tax ID robotically.

    The clarification stemmed from a deluge of posts and advisories on one side of the revised tax coverage.

    Who Wants a Tax ID?

    • Taxable Individuals: People or companies with taxable earnings are required to have a Tax ID. This consists of entrepreneurs, professionals, and firms.

    • Non-Taxable Individuals: People with out taxable earnings (e.g., these incomes under the taxable threshold) are usually not required to acquire a Tax ID.

    • Companies and Entities: All registered companies, NGOs, and authorities companies will need to have a Tax ID linked to their CAC registration.

    The best way to Get hold of a Tax ID

    • For People: Your NIN robotically serves as your Tax ID. If that you must register, use your NIN to use on-line or at tax places of work for free79.

    • For Companies: Your CAC registration quantity is linked to your Tax ID. If your small business was registered with no TIN, apply on-line or at tax places of work together with your CAC paperwork.

    • Diaspora Nigerians: Use your NIN to use on-line for a Tax ID if wanted for banking or investments in Nigeria.

    Deadline and Penalties

    • Deadline: From January 1, 2026, taxable individuals with no Tax ID could face restrictions on banking, insurance coverage, and funding providers.

    • Penalties: Non-compliance could lead to sanctions below the Nigeria Tax Administration Act (NTAA).

    Advantages of the New System

    • Simplified Compliance: The built-in system reduces paperwork and eliminates the necessity for a number of identifiers.

    • Lowered Fraud: Linking Tax IDs to verified registries (NIN/CAC) helps get rid of duplicate or false identities.

    • Monetary Inclusion: The system ensures seamless banking entry whereas selling transparency and compliance.

    The newest updates verify that Nigeria’s tax system is now linked with nationwide identification databases, making compliance simpler for residents and companies. No separate TIN is required for banking; your NIN or CAC quantity robotically features as your Tax ID. Taxable individuals ought to guarantee compliance by 1 January 2026 to keep away from restrictions on monetary providers.

    The 2026 Entice

    From January 1, 2026:

    – No checking account with no Tax Identification Quantity (TIN).
    – No enterprise operation with no TIN.
    – No entry to monetary providers with no TIN.
    – Even your stockbrokers will begin requesting a TIN.

    Whether or not you’re a market lady like Mama Ngozi, a pupil, a civil servant, a Yahoo boy, a small enterprise proprietor, or perhaps a foreigner residing in Nigeria, for those who shouldn’t have a Tax ID, your monetary life is blocked.

    This isn’t a hearsay. It’s the regulation.

    You may be questioning…Why is the federal government doing this?

    Listed below are the secrets and techniques behind the brand new Tax Regulation:

    1. To catch ghost cash: An excessive amount of untracked money is flowing in Nigeria. The federal government desires to know who’s incomes what.

    2. To broaden the tax internet: Nigeria’s tax-to-GDP ratio is among the many lowest on the planet. Lower than 10% of Nigerians pay tax. That period is ending.

    3. To trace transactions: Each account, switch, and enterprise transaction will now be linked to your TIN. No hiding.

    As your Monetary Literacy Advocate, let me share a few of the secrets and techniques specialists won’t inform you in regards to the new tax coverage:

    TIN is your new identification.

    Overlook BVN or NIN; the federal government is shifting energy to TIN. That’s the grasp key.

    Banks will block you silently.

    Don’t anticipate fanfare. Someday in January 2026, you’ll open your app and see: “Service Unavailable – Present TIN.”

    It’s not just for corporations.

    Many Nigerians imagine that solely registered corporations require a TIN. That’s a giant lie. Each particular person who operates a checking account will need to have one.

    That is about management, not simply tax.

    The reality? It’s not solely about accumulating taxes. It’s about constructing a database of Nigerians’ monetary lives.

    The federal government will now monitor your earnings, spending, and transfers.

    In case you’re studying this, perceive one factor: 2026 is the 12 months Nigeria will separate those that ready from those that will cry.

    Don’t simply sit and complain about authorities wahala. Act now.

    As a result of in 2026, love received’t pay your payments… however your TIN will open your account.





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