Nigeria’s new tax law is already translating into higher take-home pay for several formal sector workers, with January salaries reflecting reduced Pay-As-You-Earn (PAYE) deductions, according to early payroll data and human resource managers.
The changes, introduced under reforms led by the Pre
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Ayomide Odunlami
Ayomide Odunlami is a Tax Reporter at BusinessDay, covering Nigeria’s tax reforms, compliance trends, and government revenue strategies. She reports on how evolving tax policies affect businesses, investors, and the broader economy, providing clarity on complex regulatory issues through data-driven journalism.