After a short break from journaling, I wish to welcome all of us back in one piece with this heartfelt rant. You know what I mean, we’re still on our Thirty days rant challenge which am about to start off again till we’re done.
Personally, I don’t like stress and I wouldn’t want to stress anybody either, so kisses to all my cuties all over world waiting patiently for us to resume where we stopped. I believe I have had enough and would like to tip you all on this.
Well, to an extent I have talked about this before and am about to shade more light to it since things are about to be more chaotic in 2026 on the bases of tax management. Honestly, I don’t know what’s really going on in the government house concerning this matter but am here to state my ordeal regarding this new development.
First off, am currently broke and jobless because I quit my work to build my brand and my business. On top of that, I will be attending a five months fashion program before I launch my new fashion project in 2026 plus my publishing business I managed to register as a business name in 2023 and still in the verge of planning to upgrade with little or no funds to push all of these if I manage to survive bankruptcy. Yet, everywhere on the media space is screaming new reform tax policy with a lot of reviews and ideas without bankruptcy or insolvency awareness attached to this new trend.
Yes, the economy is bad and a lot of people are struggling with one or two issues in terms of their finances aside personal problems with no relieve from government rather we’re being asked to walk on egg shells with this new tax reform bill considering how everyone is forced to speak out due to the severity of the situation. People are really scared of what will happen to their income especially small business owners and low income service workers using their personal savings account to run their day to day hustle.
So many questions has been flooded online regarding this matter and more are yet to come because I also have mine to ask. You know, we all have our fears so do we need clarity on them. But the major reason for this post is to create awareness for bankruptcy and insolvency in Nigeria for people like us that are struggling to meet up with living expenses. How do we survive this policy situation on tax for jobless and dependent business people who are unable to afford their bills.
Sincerely, I have less knowledge on how these things work but with the way things are going, a large number of people are about to enter into their Bankruptcy era that’s if they aren’t now because of the rise in cost of living and managing a business. Omo, financial hardship is not a joke let alone being charged for tax evasion on top your struggles. However if you can’t afford to deal with unexpected major expenses better start now to seek for knowledge … Tax avoidance is another thing you should read about and brace yourself for 2026. You know, just saying in case. But if you have the right information regarding this things i mentioned, please do help us out in the comment section or tag me on your social media platforms.
