Taiwo Oyedele clarifies income tax exemption threshold following public misinterpretation
This is not an accurate account of what I said.
For clarity, my reference to ₦250,000 was in the context of a household, not an individual. The monthly tax exemption threshold for an individual is ₦108,000 (₦1.3 million annually). I hope this clears up any misunderstanding.… https://t.co/N31cGa3GuU
— Taiwo Oyedele (@taiwoyedele) June 27, 2025
This is not an accurate account of what I said.
For clarity, my reference to ₦250,000 was in the context of a household, not an individual. The monthly tax exemption threshold for an individual is ₦108,000 (₦1.3 million annually). I hope this clears up any misunderstanding.