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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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Fokona Latest Questions

Anonymous
Anonymous
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Can a Commercial Driver in Nigeria File Personal Income Tax on a Hire Purchase Vehicle?

How can I file my personal income tax as a driver with a hire purchase vehicle. Am I going to pay tax on the owner’s money

personal income tax nigeriapit filing nigeria
1
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UGWU GODWIN IKECHUKWU
UGWU GODWIN IKECHUKWU
Asked: April 11, 2026In: TAX & GOVERNMENT FINANCE

How Can I File My Annual Personal Income Tax Correctly in Rivers State, Nigeria?

Tax in Rivers state- How can I file my annual personal income tax without making a mistake?

business & wealth creationpersonal income taxtax
1
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  • 1 1 Answer
Anonymous
Anonymous
Asked: October 1, 2026In: TAX & GOVERNMENT FINANCE

How Much Will ₦5 Million Grow to in a Money Market Mutual Fund Over 17 Years?

Calculate my total investment for 17 year MMMF if I invest #5 deposit

17-year investmentcompound interest
1
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  • 1 1 Answer
Fadipe Babatunde Ariyo
Fadipe Babatunde Ariyo
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How can I file Personal Income Tax (PIT) in Lagos State using a smartphone via LIRS portal in Nigeria?

Personal Income Tax (PIT) Kindly elaborate step by step how to file PIT in Lagos state (lirs) using Smart phone. I have Tax ID (13 digits) and Payer ID (N-**) Thank you.

lagos tax filingpersonal income taxtax
3
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Shadrach
Shadrach
Asked: May 1, 2026In: TAX & GOVERNMENT FINANCE

When is a newly registered company in Nigeria (July 2025) required to start filing tax returns with FIRS?

A welder who registered as a company since July 2025, when is it due to file my tax and how do I go about it? Thanks

company tax filing nigeriacompany tax rules nigeriatax deadline nigeria
2
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Anonymous
Anonymous
Asked: March 22, 2026In: TAX & GOVERNMENT FINANCE

What Is the Difference Between PAYE and Personal Income Tax in Nigeria?

What is the difference between PAYE and Personal Income Tax.

payepersonal income tax
0
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PROMISE MADUBUIKE
PROMISE MADUBUIKE
Asked: June 28, 2026In: TAX & GOVERNMENT FINANCE

How Do I Get a Tax Identification Number (TIN) in Nigeria?

How do one get Tax Identification Number in Nigeria?

firstax identification numbertax registrationtin nigeria
1
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Judith
Judith
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How do one file annual returns for a CAC-registered company in Nigeria?

Pls how can my husband file annual return. He had a small wrought iron fabrication firm, he registered the firm in 2023 and obtained his CAC. Please guide us on how to file the returns for the company.

cac annual returnstax
4
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Elizabeth Anyasi
Elizabeth Anyasi
Asked: April 15, 2026In: TAX & GOVERNMENT FINANCE

How Can a Civil Servant Get a TIN in Nigeria? Step-by-Step Guide to Tax Identification Number

Am a civil servant. Please I need step by step on how to get my tin number.

taxtin
3
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Sammykliens
Sammykliens
Asked: October 2, 2026In: TAX & GOVERNMENT FINANCE

What Nigerian Companies Could Benefit From the Growth of Dangote Refinery?

Hi,can you pls list names of company that will be beneficiary indirectly or direct in Dangote refinery ?

ngx stocksrefinery ecosystem
1
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