TikTok and X Face Tax Trouble in Naija – NITDA Wields the Hammer!

Ehen! The National Information Technology Development Agency (NITDA) don vex, and na TikTok and X (we know am as Twitter before) dey the center of the wahala. Dem say these big social media companies no dey follow the tax rules for Naija. Dem dey dodge tax, and NITDA no dey smile about am at all. We go break down the whole matter for you, so you fit understand wetin dey happen.

Here is the quick gist:

  • NITDA dey vex say TikTok and X no dey pay tax for Naija.
  • Google, LinkedIn and Meta don dey follow the rules, and na only these two remain.
  • NITDA wan make social media dey responsible and make sure say dem no dey use am for wahala.
  • NITDA don close many accounts and delete many posts wey no follow the rules.

NITDA’s Heavy Hand: Tax Wahala for Social Media Giants

So, the gist be say, NITDA don catch TikTok and X for not following tax rules wey dey Naija. According to one report wey PRNigeria get, these social media platforms no dey submit their tax fillings. NITDA say na serious matter because na law dem dey break.

Which Companies Dey Follow the Rules?

No be all social media companies dey the same. As NITDA take dey investigate, dem discover say Google, LinkedIn, and Meta don dey do well. Dem dey follow all the tax rules wey dey Part III, Sections 3–1, and Part II, Section 10 of the “Code of Practice for Interactive Computer Service Platforms and Internet Intermediaries (CoP for ICSP/II).” So, na only TikTok and X dey fall hand now.

Why This Code of Practice Important?

NITDA say this Code of Practice na very important document. E dey help make sure say social media no dey use am for bad things. E wan create a transparent and responsible digital environment where people no go dey use social media to spread lies or cause wahala. The Code dey make companies dey accountable for wetin dem dey do.

Wetin the Code of Practice Talk?

This Code wey NITDA, NCC and NBC create in September 2022, get plenty rules wey social media companies suppose to follow:

  • Dem suppose to dey submit annual reports to NITDA
  • Dem suppose to get physical office for Naija.
  • Dem suppose to get people wey dey liaise with the government.
  • Dem suppose to dey use fact-checkers wey dey certified.
  • Even big companies like TikTok and X don register with the Corporate Affairs Commission (CAC).

How Many Accounts Don Close?

As NITDA dey look for companies wey dey break the rules, dem don close many accounts for Naija and delete plenty of posts wey no follow the rules.

PlatformAccounts ClosedPosts Deleted
Google9,610,05459,670,247
LinkedIn691,596237,837
TikTok599,7764,578,858
X1,198,205168,500

As you can see, plenty accounts don go for breaching the NITDA Code and the community rules of different platforms. Na serious tin o!

NITDA No Dey Joke

NITDA dey serious about this matter and dem wan make sure say all these big social media companies dey follow the rules. NITDA wan make sure say the digital space dey safe, and companies no dey use am to cause trouble. Make sure say you follow the gist as e dey unfold.

About The Author

Chukwudi Adeyemi

Chukwudi is a versatile editor with a passion for business and technology. He is an expert in explaining complex economic issues and highlighting the impact of new technologies on Nigerian society.

Leave a Reply

Your email address will not be published. Required fields are marked *

Share this article

Back To Top