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Lagos Govt. Gives Actress Iyabo Ojo 7 Days To Pay N18m Or Go To Jail

Published

3 years ago

June 5, 2023

Editor

The Lagos State government has asked Nollywood actress, Iyabo Ojo, to pay a total sum of N18,640,092.00 as personal income tax within seven days.

According to the government, Iyabo Ojo has a tax liability of N7,376,000.00 for the year 2022 and an outstanding liability of N11,264,092 for 2021 income year.

The actress was given a 7 days ultimatum to pay up of face consequences.

Responding to the letter, Iyabo Ojo faulted the process at which the tax amount was reached.

Below are the words of Iyabo Ojo in response to the letter from Lagos government:

“Governor Jide Sanwo-Olu please, how do you people come up with these outrageous personal income taxes you send on a daily basis?

“After paying for different types of taxes for one’s businesses, house and all, you still come up with all this huge amount and give me 7 days to pay up, lol. Last time, you people asked me to come to your office, I came, you asked me to explain and declare what I earn, which I did with my tax consultant, but noooooooooooooo you did not respond to my letter, because you want me to pay you an outrageous amount that I do not have, make i go theif ni? I ask again, “How do you people come up with such outrageous bills.

“I don’t know how much you think I get paid. Hence, your team will come up with this conclusion.

“What have you people ever done for me as a government? NOTHING!!! I have single-handedly raised my kids and so many others, plus myself without a single deny from the government. Yet you feel so entitled to reaping over 100% from where you did not sow.

“I have worked, and I’m still working tirelessly to survive in this country without the support of the government, but yet you just sit in your office and come up with different outrageous bills. Nothing is working right in this country, but yet you feel the need to take from where you have not sworn. Since you guys insist, You can gladly come and close down my business, arrest me, jail me, or kill me for all I care, we all will die one day and I will never be afraid of what will eventually be everyone’s faith… what I do not have I can not give. I have no FEAR.”

PM NEWS

Related Topics:#Sanwo-Olu Iyabo Ojo Lagos Govt

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

2 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

4 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.