Nigeria has taken a bold step toward modernizing its economic framework with the signing of four significant tax reform bills by President Bola Tinubu. Beyond just fiscal restructuring, this move signals a renewed commitment to building a more inclusive and growth-oriented economy particularly for Micro, Small, and Medium Enterprises (MSMEs), which remain the backbone of job creation in Nigeria. For too long, MSMEs have operated under the weight of multiple taxes, inconsistent levies, and burdensome regulatory processes that often discourage growth and formalization. With the new reforms—set to take effect from January 2026 the government is centralizing tax administration, simplifying the tax structure, and introducing clearer exemptions for small businesses. Companies earning ₦50 million or less annually are now exempt from several key taxes, while individuals earning below ₦800,000 monthly are also free from personal income tax obligations. This creates a friendlier operating e...
It’s been a while since I last published on this blog. Life happened; shifts, growth, waiting, and reflection. But in that space, something powerful took root: a renewed clarity about purpose. When I first started writing here, my goal was simple,to share stories and lessons about personal growth. I wanted to explore how we could become better versions of ourselves, how we could heal, grow, and step into our potential. That passion hasn’t changed. What has changed is the vision: it’s now bigger. Today, I’m reopening this blog with a broader purpose. We’re still going to talk about growth but now we’re stretching it beyond the personal. We’re talking about how our personal development connects to economic empowerment, decent work, and building sustainable communities. We’re talking about SDG 8. If you’re not familiar, SDG 8 is one of the United Nations’ Sustainable Development Goals. It focuses on promoting sustained, inclusive economic growth, full and productive employment, and d...