Nollywood actress Iyabo Ojo has recently found herself in the midst of controversy as the Lagos State government demands that she pays a staggering sum of N18,640,092.00 as personal income tax within seven days.
This development has sparked a wave of reactions among Nigerians, who have taken to social media to express their opinions on the matter.
The actress, known for her outspoken nature, has responded defiantly, questioning the basis for such a high tax bill and criticizing the lack of transparency in the calculation process.
Let’s delve into the details and explore the various perspectives surrounding this issue.
The Tax Liability
According to the Lagos State government, Iyabo Ojo has been identified with a tax liability of N7,376,000.00 for the year 2022, coupled with an outstanding liability of N11,264,092 for the 2021 income year.
In response, the actress was given a strict ultimatum to settle the amount within seven days, under the threat of facing potential consequences.
Iyabo Ojo’s Reaction
Expressing her frustration and disbelief, Iyabo Ojo took to social media, specifically Instagram, to share the personal income tax letter she received.
In a strongly worded caption, she directed her anger towards Governor Babajide Sanwo-Olu and the Lagos State government, demanding an explanation for the exorbitant amount demanded.
She also questioned the transparency of the calculation process, highlighting a previous encounter where she had complied with the government’s request to explain her earnings and declare her income, only to receive no response.
The actress lamented the lack of consideration for the financial challenges faced by individuals and businesses, emphasizing her personal efforts in raising her children and sustaining herself without government support.
Public Outcry and Support
The news of Iyabo Ojo’s substantial tax bill has generated a significant response from Nigerians, leading to a wide range of opinions being shared across various social media platforms.
While many individuals have expressed solidarity with the actress, highlighting their own concerns about the burden of excessive taxation and the perceived insensitivity of the government towards the struggles faced by citizens, not everyone has been supportive.
Critics of Iyabo Ojo have questioned her actions, pointing out her alleged attempt to evade an N18 million tax payment, particularly in light of her claim of acquiring a ₦37.5 million dress for the AMVCA award.
For some, this apparent contradiction portrays her as one of the hypocrites who frequently reference the good governance in foreign countries but neglect to fulfill their own responsibilities towards improving governance in their home country.
Additionally, some individuals argue that instead of burdening businesses with exorbitant taxes, the government should prioritize creating an enabling environment for these businesses to thrive.
They emphasize the importance of striking a balance between generating revenue through taxation and supporting economic growth.
As discussions continue to unfold on social media and beyond, the diverse reactions reflect the complexity of the issue and highlight the varying perspectives held by Nigerians.
It remains to be seen how the government will respond to these concerns and whether any actions will be taken to address the criticisms raised by both supporters and critics of Iyabo Ojo.
Here are a few of the reactions:
As of now, there has been no official response from Governor Babajide Sanwo-Olu or the Lagos State government regarding Iyabo Ojo’s allegations and demands for an explanation.
It remains to be seen how the government will address the public outcry and whether any actions will be taken to address the concerns raised by the actress and other taxpayers.
The case of Iyabo Ojo being fined N18 million in personal income tax has ignited a passionate debate among Nigerians.
With the actress questioning the basis for such a high tax bill and expressing her frustration with the lack of transparency in the calculation process, some citizens have rallied behind her, highlighting the need for fair taxation and government support for individuals and businesses, while others have differing opinions and demand that the actress pays her tax.
As the issue gains momentum, it remains to be seen how the government will respond and whether any changes will be made to address the concerns raised by Iyabo Ojo and her fans.