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TAX & GOVERNMENT FINANCE

This section explains how taxation works in Nigeria. Learn how to file your taxes, understand FIRS, NRS and state tax systems, and stay compliant. Ask questions and get clear answers to avoid costly mistakes.

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Chidume david
Chidume david
Asked: March 19, 2026In: TAX & GOVERNMENT FINANCE

Do I Need to File Personal Income Tax Returns in Niger State If My PAYE Tax Is Already Deducted From My Salary in Nigeria?

I work in a government firm and I am being deducted tax. On my tax slip it is written that my tax is being remitted to Niger State. If I am to file my tax return, must I go to ...Read more

firspaye nigeriatax
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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAX & GOVERNMENT FINANCE

What Deductions Can Reduce PAYE Tax Legally in Nigeria?

I recently discovered that some deductions can legally reduce the amount of PAYE tax a salary earner pays in Nigeria, but I don’t fully understand how it works. For example, I’ve heard people mention things like: • Pension contributions • NHF ...Read more

paye nigeriapittax in nigeriatax relief
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Danny
Danny
Asked: March 26, 2026In: TAX & GOVERNMENT FINANCE

What Should You Look for in a Company’s Financial Statements Before Investing?

When reading a company’s financial statement what should I look at in the statement, is it only the profit/loss,cash position,assets and debt level I should look at or the whole information in the financial statement, because some of them maybe ...Read more

analysiscompanyfinancial statementsstatement
1
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ChidozieJameskingsleyOkenyi
ChidozieJameskingsleyOkenyi
Asked: March 22, 2026In: TAX & GOVERNMENT FINANCE

How Do I Track Sales, Costs, and Income for Accurate Tax Filing?

How do I structure and record my sales for easily calculation,adding the market i bought to know my income to be able to file my tax

taxtax filing
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Ugwuanyi Timothy Azubuike
Ugwuanyi Timothy Azubuike
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do I File Personal Income Tax Annual Returns in Enugu State Nigeria Before the Deadline?

How do I file my tax annual returns in Enugu state as today is the deadline. Someone should please help.

enugu state taxpersonal income tax nigeriapit filing nigeria
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Fadipe Babatunde Ariyo
Fadipe Babatunde Ariyo
Asked: April 1, 2026In: TAX & GOVERNMENT FINANCE

How Do I File Personal Income Tax (PIT) Online in Lagos State Using a Smartphone as an Unemployed Individual?

Dear Fokona Team, Ref: Filing PIT For unemployed individual What are the simple steps -by-step to file PIT online for unemployed using Smartphone in Lagos State.

personal income taxpittax filing
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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAX & GOVERNMENT FINANCE

Does Pension Contribution Reduce Tax in Nigeria?

I recently heard that pension contributions can help reduce the amount of PAYE tax someone pays in Nigeria, but I don’t fully understand how that works. For example, if two employees earn the same salary, but one contributes more to pension, ...Read more

nigeria taxpaye nigeriapension contribution tax
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Ese
Ese
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

Do I Need to File Personal Income Tax in Nigeria If I Earned Less Than ₦300,000 in a Year?

I only worked for 4 months last year and the accumulated salary wasn’t even up to #300,000, do I still need to file my tax for 2025

low income tax nigeriapersonal income tax nigeriatax
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Miebakagh
Miebakagh
Asked: April 8, 2026In: TAX & GOVERNMENT FINANCE

Does Tax Deadline Apply to All States in Nigeria?

How far is the taxe Deadline apply to other States, for example, Rivers State?

tax
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John Ofordile
John Ofordile
Asked: September 29, 2026In: TAX & GOVERNMENT FINANCE

How Can I Check the Trustee of an Investment Fund in Nigeria?

Aw do I know the trustee’s or fund manager of an investment app.

fund managertrustee nigeria
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