Tax filing is simply telling the government how much you earned last year.

That’s all.

The Authority in Anambra

Your tax is handled by:

👉 Anambra State Internal Revenue Service

Important Terms (Let’s Remove Fear First)

1. ASIN (Very Important)

ASIN = Anambra State Identification Number

👉 This is your tax ID in Anambra

Like:

• school registration number
• hospital card

Without it:

✓ you cannot file properly

2. Annual Returns

This simply means:

👉 report of your income for the year (e.g. 2025)

Let Me Explain With a Simple Story

Mama Ngozi sells tomatoes in Onitsha.

At the end of 2025:

She goes to the tax office and says:

👉 “This is how much I made last year.”

That is:

✓ tax filing
✓ annual return

Oya… Relax Let Me Explain (STEP-BY-STEP)

STEP 1: Get Your ASIN

How?

Go to:

• Anambra tax office
OR
• their official portal (if available)

What You’ll Provide

• full name
• phone number
• address
• ID (NIN or others)

Result

👉 You get your ASIN number

STEP 2: Know Your Income

Calculate what you earned in 2025:

• salary
• business income
• side hustle

Example

Mama Ngozi:

• total sales profit = ₦800,000

STEP 3: Deduct Allowances

Government allows small reliefs.

This reduces your taxable income.

(If you are a salary earner, many are already deducted)

STEP 4: Fill Your Annual Return

You can do this:

• online (if portal is working)
OR
• physically at tax office

What You Fill

• your ASIN
• your total income
• your deductions

STEP 5: Calculate Tax

Nigeria uses graduated tax system

Meaning:

• small income → small tax
• higher income → higher tax

👉 If you are employed:

✓ tax may already be deducted (PAYE)

STEP 6: Submit Before Deadline

Important

Deadline is usually:

👉 March 31 every year

(for previous year income)

STEP 7: Pay (If Necessary)

If tax is not fully paid:

✓ you pay balance

If already deducted:

✓ just file and confirm

Let Me Be Honest With You

Most mistakes happen because people:

• ignore tax completely
• wait till deadline
• don’t register early

Common Mistakes to Avoid

• not getting ASIN
• guessing income wrongly
• missing deadline
• ignoring filing because “no one told me”

What If You Have No Income?

Very important.

If you didn’t earn:

✓ you may still file NIL return

Meaning:

👉 “I earned nothing”

Final Truth

Tax is not as hard as it looks.

It is just:

✓ register
✓ declare
✓ submit

Let Me Leave You With This

Don’t wait for pressure.

Start early.

Because once you understand it once…

Every year becomes easy.

THIS IS JUST TO EXPLAIN SO YOU WOULD UNDERSTAND CLEARLY, I Will give another answer to explain exactly what you are going to do.

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Tax did NOT start in 2026.
What started in 2026 is:
✓ stronger enforcement
✓ better tracking (TIN, BVN linkage, etc.)

Let Me Explain With a Simple Story
Mama Ngozi has always been supposed to pay market dues.
But for years:
• nobody checked her strictly
• nobody followed her up
So she ignored it.

Then One Day…
The market association becomes serious:
• they start recording traders
• they start checking payments
Now they say:
👉 “Bring your record from last year.”

Mama Ngozi Is Confused
“But you didn’t disturb me before?”
Yes…
But:
✓ the obligation was always there

Oya… Relax Let Me Explain

1. Personal Income Tax Is NOT New
Nigeria has had personal income tax law for many years under:
Personal Income Tax Act

Meaning
Even in:
• 2020
• 2021
• 2022
• 2023
• 2024
• 2025
You were legally expected to:
✓ declare income
✓ pay tax (if applicable)

2. What Changed in 2026?
Now government is:
• linking BVN, NIN, bank accounts
• tracking income better
• enforcing compliance

So It Feels New
But it is not new.

3. Why 2025 Is Being Filed Now
Because:
👉 tax is filed AFTER income is earned

So:
• 2025 income → filed in 2026
• 2026 income → filed in 2027

4. “But We Didn’t Have TIN Before”
Let me be very clear.
TIN is just an identification tool.
Not the start of tax.

Meaning
Even if you didn’t have TIN:
✓ your tax obligation still existed
TIN just makes it:
✓ easier to track you

5. Why Government Is Asking Now
Because now they can:
✓ identify individuals
✓ track financial activity
✓ enforce compliance

Let Me Be Honest With You
What is happening is simple:
Before:
✓ low enforcement
Now:
✓ active enforcement

Important Truth
Government is not saying:
“Start tax from 2026”
They are saying:
👉 “Comply properly from now — including recent years”

Final Clarity
• Tax law existed before 2026

• 2026 brought stronger enforcement

• 2025 is the last completed tax year

• That is why filing is happening now

Let Me Leave You With This
Don’t confuse:
• “we were not doing it”
with:
• “it did not exist”
Because once enforcement starts…
Everything becomes real.

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Being a student does NOT exempt you from tax.

What matters is:

✓ whether you are earning income

Let Me Explain With a Simple Story

Mama Ngozi’s daughter is in school.

But she sells:

• snacks
• drinks

And makes small profit every week.

Even though she is a student…

She is still:

✓ earning income

Oya… Relax Let Me Explain

1. Do You Really Need to Pay Tax?

👉 Yes… but only if your income is taxable

Important Truth

In Nigeria:

✓ small income may result in little or NO tax

Because of allowances.

2. Your Business Is Not Registered — Is That a Problem?

👉 No (for now)

You can still:

✓ declare your income as an individual

3. Where Should You File?

Tax is based on:

👉 where you reside (not where you school)

In Your Case:

You live in Ibadan → Oyo State

So your tax authority is:

Oyo State Internal Revenue Service

4. Step-by-Step (Very Simple)

Step 1: Estimate Your Income

Ask yourself:

• how much do I make monthly?
• how much yearly?

Step 2: Get Your TIN

TIN = Tax Identification Number

You can get it:

• online
• or at tax office

Step 3: Declare Your Income

Tell them:

✓ you are self-employed (small business)

Step 4: Fill Simple Tax Form

You will:

• input your earnings
• include basic details

Step 5: Check If You Even Owe Tax

Because of reliefs:

✓ you may pay very small amount
OR
✓ nothing at all

Let Me Be Honest With You

At your level:

Government is not chasing you for heavy tax.

But:

✓ building the habit early is powerful

Why This Matters

It helps you:

• build financial record
• avoid future issues
• become responsible early

Important Tip

Keep simple records:

• money in
• money out
• profit

Even if it’s in your notebook.

What Most Students Do Wrong

• ignore tax completely
• don’t track income
• panic unnecessarily

Final Truth

Tax is not about punishment.

It is about:

✓ accountability

Let Me Leave You With This

Don’t think:

“I’m just a student, it doesn’t matter.”

Think:

✓ “I am building a responsible financial life early.”

Because small habits now…

Become big advantages later.

 

Rose Ejituru

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Investment without income is like farming without seeds.

You understand the process…

But you have nothing to plant.

Let Me Explain With a Simple Story

Mama Ngozi attends a training on how to store tomatoes.

She learns:

• preservation
• pricing
• packaging

But she has no tomatoes.

Can she make money?

No.

Because:

✓ knowledge alone is not income

Oya… Relax Let Me Explain

There are 3 stages of money growth.

Many people mix them up.

Stage 1: Income (Foundation)

This is where everything starts.

You must:

✓ earn money

From:

• job
• business
• skill

Stage 2: Saving (Control)

Now you:

✓ manage your money
✓ avoid waste

Stage 3: Investing (Growth)

Now your money:

✓ starts working for you

Important Truth

You cannot jump to Stage 3…

If Stage 1 is weak.

So… Is Investment Knowledge Useless Without Income?

👉 No — but it is incomplete

Why It Still Matters

Because when income comes:

✓ you won’t misuse it
✓ you won’t fall for scams
✓ you will invest wisely

Let Me Be Honest With You

Many people have income…

But no investment knowledge.

What happens?

• they spend everything
• they invest wrongly
• they stay broke

So What Should You Focus On NOW?

1. Build Income First

Focus on:

• learning a skill
• getting a job
• starting small business

2. Keep Learning Investment (Slowly)

Not deeply…

But enough to understand:

• how money grows
• where to put it

3. Combine Both

Best position is:

✓ income + knowledge

Let Me Explain Simply

Income is:

✓ engine

Investment is:

✓ fuel efficiency

You need both to move far.

Final Truth

Investment knowledge is powerful…

But only when money is flowing.

Let Me Leave You With This

Don’t ask:

• “Should I learn investing or make money?”

Ask:

✓ “How do I build income and prepare to grow it?”

Because when income meets knowledge…

That is where real wealth starts.

Rose Ejituru

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That message does NOT usually mean your investment is missing.

Yes.

It is often a system or record display issue.

Let Me Explain With a Simple Story

Mama Ngozi paid for land.

She has:

• receipt
• confirmation

But when she checks an online portal…

Her name is not showing.

Does that mean:

• she didn’t buy the land?

No.

It means:

✓ the portal record is not properly linked

Oya… Relax Let Me Explain

When you buy FGN Savings Bonds through
Afrinvest

there are different systems involved:

1. Subscription Record (Frontend)

This is:

• what you filled during purchase
• stored on the app

2. Allotment Record (Official)

Processed by:

Debt Management Office

This confirms:

✓ you were given the bond

3. CSCS Record (Most Important)

Your bond is finally stored in:

Central Securities Clearing System

This is the real proof of ownership

So What Does That Message Mean?

“Bond subscription not found in your history” usually means:

✓ the app cannot find your original subscription record

But:

✓ your bond may still be fully allocated and safe

Possible Reasons

1. App Sync Issue

The app may not be properly showing old subscriptions.

2. Different Account/Session

You may have:

• subscribed through another channel
• or different account linkage

3. Backend Update Problem

System did not link:

• your subscription
• to your dashboard

4. Data Migration/Glitch

Sometimes after updates:

✓ history disappears temporarily

What You Should Do NOW (Very Important)

Step 1: Confirm Allotment

Check your:

• email confirmation
• allotment notice

Step 2: Check Your CSCS Statement

This is the MOST important step.

If it appears there:

✓ your bond is safe

Step 3: Contact Afrinvest

Ask clearly:

• “My bond was allotted, but not showing in history. Can you confirm my CSCS credit?”

Step 4: Provide Proof

Send:

• payment receipt
• subscription details
• dates (January, March, etc.)

Let Me Be Honest With You

Most times, this issue is:

✓ display problem
NOT
✓ missing investment

Final Truth

Your real investment is not in the app.

It is in:

✓ CSCS record

Let Me Leave You With This

Don’t panic because of what you see on the app.

Always verify:

• allotment
• CSCS record

Because once those are correct…

Your investment is intact.

Rose Ejituru

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