General
6% Stamp Duty: Landlords Should Not Increase Rent—FIRS
By Adedapo Adesanya
The Federal Inland Revenue Service (FIRS) has said the new tax regulations on rents and leases should not be any basis for increment by landlords because they are not collection agents.
This was disclosed in a statement by Mr Abdullahi Ismaila Ahmad, the director of FIRS communications and liaison department.
In the notice, he quoted the Executive Chairman of the tax agency, Mr Muhammad Nami, as saying in an interview on Nigeria Info in Abuja that rents should not be raised because of the stamp duty charge.
The FIRS chief explained that tenants would be the parties to remit the applicable stamp duty at any commercial bank of their choice, not to any landlord.
He said, “The stamp duty is charged at graduated rates. Stamp duty on rent or lease from one year to less than seven years is 0.78 per cent. If your rent is N100,000, stamp duty due on it is N780. Your stamp duty could be as low as N200 or N300 if you live in a room and parlour or in the village where rent is low.
“If you can afford to pay your rent between seven to 21 years, your stamp duty is three per cent on the rent. If you can afford to pay rent at once from 21 years and above, the stamp duty due is six per cent, which is very rare but we created room for it because some renters prefer long leases.
“Once you’ve reached an agreement with your landlord on the amount to pay for your rent of less than seven years, you should calculate 0.78 per cent of the amount, go to a nearby bank and ask to pay the 0.78 per cent into the stamp duty account. Collect the teller and tender it to your landlord to legalise your transaction with him or her.
“It is the responsibility of the landlord before he or she issues a receipt or sign a rent or lease agreement with a tenant to make sure that the tenant presents evidence of stamp duty payment.
“A landlord that does not insist on evidence of stamp duty payment will bear the cost of the stamp duty if the FIRS eventually finds out. You do not pay stamp duty on your own residential accommodation if you are the owner of the property even if you live in a 10-storey building.”
Mr Nami added that with the execution of the 2019 finance act, 60 per cent of taxpayers, including small and micro enterprises (SMEs), were exempted from paying tax because only companies which make up to N25 million turnover now pay tax or collect value-added tax (VAT).
“This has, therefore, relieved millions of Nigerians and SMEs, including many businesses impacted by COVID-19, of their tax obligations to the government, which is a form of long-term tax palliative to them even before the pandemic,” he added.
The FIRS chairman explained that the COVID-19 pandemic and the resultant economic downturn has made it necessary for the government to close tax loopholes in order to fund the budget, provide needed public infrastructure and meet overhead cost like salary payment at federal, state and local government levels.
General
Editors, SERAP Urge Tinubu Probe Wike’s Alleged Threat on Seun Okinbaloye
By Adedapo Adesanya
The Nigeria Guild of Editors (NGE) and the Socio-Economic Rights and Accountability Project (SERAP) have called on President Bola Tinubu to investigate the alleged threat issued against Channels Television presenter, Mr Seun Okinbaloye, by the Minister of the Federal Capital Territory, Mr Nyesom Wike.
The groups, in a joint statement by NGE President, Mr Eze Anaba, General Secretary, Mr Onuoha Ukeh, and SERAP Deputy Director, Mr Kolawole Oluwadare, on Monday, condemned the remarks and urged the federal government to “promptly, thoroughly, transparently and effectively investigate the threat.”
They also called on the government to ensure the safety of Mr Okinbaloye and other journalists.
“The Tinubu government should urgently take all necessary measures to ensure the safety and security of Mr Okinbaloye and other journalists facing threats to their safety and security solely for peacefully exercising their human rights and carrying out their legitimate journalistic work,” the statement read.
Mr Wike had, during a media chat in Abuja last Friday, reacted to comments made by the broadcaster, surrounded by some media men.
“I was surprised yesterday (Thursday), totally surprised when I was watching Politics Today. Seun, if there was any way to break the screen, I would have shot him,” the Minister said.
Mr Okinbaloye had raised concerns about the 2027 elections, suggesting that the political space appeared to be tilting towards dominance by a single party, referencing internal issues within the African Democratic Congress (ADC).
Reacting, the NGE and SERAP warned that press freedom in Nigeria is under increasing pressure. The groups stressed that public officials must be open to scrutiny and criticism.
“We are seriously concerned that press freedom is in a ‘downward spiral,’ with increasing intimidation, harassment, threats, and attacks against journalists and media freedom across the country.
“Public figures, including politicians, are subject to a higher degree of scrutiny and criticism. The threat against Mr Okinbaloye illustrates the escalating threats to the safety and security of journalists and media freedom in the country,” the statement added.
They further argued that journalists retain their constitutional right to freedom of expression.
“Like every individual, Okinbaloye is entitled to exercise his right to freedom of expression as a fundamental human right, including the right to seek, receive, and impart information of public interest. His role as a journalist does not diminish or deprive him of this right,” they said.
The organisations noted that even though Wike had reportedly clarified his comments, such remarks should not have been made.
“Although Mr Wike has sought to clarify his remarks, the threat should never have been made in the first place. The objective of those who threaten journalists remains the same: to chill public interest reporting by increasing the risks faced by journalists. Such conduct undermines press freedom and democratic accountability. This must stop,” they said.
They also decried what they described as a culture of impunity surrounding attacks on journalists.
“The continuing failure by the Nigerian authorities to uphold press freedom and to effectively investigate and prosecute the growing cases of threats and attacks against journalists has emboldened those who wish to silence them,” the groups stated.
The groups urged the federal government to direct security agencies to investigate the alleged threat and bring perpetrators to justice.
They also called on the Attorney General of the Federation, Mr Lateef Fagbemi, to work with relevant agencies to address threats against journalists since May 29, 2023.
General
Tinubu to Commission Ojota-Opebi Link Bridge, Others
By Modupe Gbadeyanka
On Wednesday, April 8, and Thursday, April 9, 2026, President Bola Tinubu will commission some projects embarked upon by Governor Babajide Sanwo-Olu of Lagos State.
The commissioning would be done during a two-day visit to the nation’s commercial capital, the first official visit to the metropolis by Mr Tinubu.
Though originally from Osun State, Lagos is seen as the home state of President Tinubu, as he governed the aquatic state from 1999 to 2007, and also represented Lagos West senatorial district in the Senate from 1992 to 1993.
Addressing the media on Monday in Alausa, the Commissioner for Information in Lagos, Mr Gbenga Omotoso, said some of the key legacy projects to be commissioned include the Ojota-Opebi Link Bridge, the Lagos State Geographic Information Service (LAGIS) building, and the Lagos Multi-Agency Building in Alausa.
Others are the Lagos Fresh Food Hub in Abijo Ajah, Tolu Schools Complex in Ajegunle and Maracana Stadium, comprising 19 mini-football pitches, built side by side in Ajegunle.
Mr Omotoso said these projects reflect the Mr Sanwo-Olu administration’s commitment to Lagos development and improved living standards of the residents, stressing that the infrastructure was carefully conceived and executed to address the growing needs of our population, ease mobility, stimulate economic activities, and enhance social welfare.
“The presence of Mr President in Lagos at this auspicious occasion further reinforces the strong partnership between the federal government and Lagos State. The planned project unveiling ceremony highlights the importance of continuity in governance and the value of visionary leadership in driving development.
“We are confident that these projects will not only serve the immediate needs of our people but also stand as enduring legacies for generations to come. All the iconic projects represent progress in action and hope for a better future.
“As we prepare for this historic visit, we assure residents of Lagos that all arrangements have been put in place to ensure a smooth, secure, and successful event. We urge the public to cooperate with the authorities, especially in areas where there may be temporary traffic adjustments or security protocols,” he said.
It was gathered that over 500 personnel of the Lagos State Traffic Management Agency (LASTMA) would be deployed to adequately manage and control traffic during the President’s visit.
The Opebi-Ojota Link Bridge was initiated to address traffic challenges within the Ojota, Maryland, Mende, Opebi, and Allen axes, as the corridor serves as a major route for commuters moving between the mainland and key commercial districts.
The Opebi-Ojota Link Bridge project was originally conceived over two decades by Mr Tinubu when he was the governor of the state. It was revived and officially flagged off in January 2022 by Governor Sanwo-Olu.
General
NDPC Probes Alleged Data Breach Involving Remita, Sterling Bank
By Adedapo Adesanya
The Nigeria Data Protection Commission (NDPC) has launched an investigation into an alleged data breach involving Remita Payment Services Limited, Sterling Bank, and other entities, as part of efforts to safeguard personal data and strengthen compliance within Nigeria’s digital ecosystem.
In a statement issued on Sunday by its Head of Legal, Enforcement and Regulations, Mr Babatunde Bamigboye, the commission said, in line with its procedures, a Notice of Investigation was duly served on April 1, 2026.
The agency noted that relevant parties and individuals have been providing information to support efforts to address the incident, adding that the investigation aims to ensure data subjects are adequately protected through appropriate technical and organisational measures.
“The investigation by NDPC covers, among others, the types of personal data involved, the nature and scope of the alleged breach, the risk to data subjects, and the mitigation measures taken where a breach is confirmed,” the statement said.
Meanwhile, the chief executive of NDPC, Mr Vincent Olatunji, has directed that organisations using digital payment systems without implementing the required technical and organisational safeguards, as mandated under the Nigeria Data Protection Act, 2023, will also be examined.
The organisation said this forms part of a broader effort to ensure the integrity and security of Nigeria’s data protection ecosystem.
Data breaches have risen in the last few years, with a 2025 report from Surfshark, a cybersecurity firm, ranking Nigeria third in Sub-Saharan Africa for total breaches since 2004, with 23.2 million compromised accounts.
In September 2024, a hacker identified as Addka72424 released a dataset containing 3.3 billion email addresses, which included 2,555,642 Nigerian accounts. The hacker described it as a “small” experiment to show how much data is freely available online.
This latest development further exposes how cyberthreats continue to evolve, and attackers are constantly adapting their tactics.
The Nigerian government has now launched a national cyber coordination council towards tackling the rising threat.
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