Basic Rights Counsel Initiative

Big thanks to Okim-Sama Ndoma, Kehole Enya, Yemi Omini, Effanga Henshaw, Ben Moses, Anuonam Linda Chetachukwu, Evang Isaiah Effiong Akpan, Precious Honesty Eyo, Ndodeye Obongha, Abang Sunday, Ede Godwin

for all your support! Congrats for being top fans on a streak 🔥!

We are excited to announce that Prof. Bene Madunagu Hall, BRCI’s Conference and Training Facility in Calabar, is open for use.

The hall is ideal for organisations, institutions, groups and individuals looking for a professional and comfortable space for meetings, trainings, workshops, and small events. It offers a serene environment designed to support productive engagement and learning.

Discounts are available for Civil Society Organisations.

For enquiries and bookings, please use the contact details on the flyer 👇 👇 👇

🥰

As we look to mark the International Day of Education tomorrow, we celebrate the life of an amazing educationalist - Grace Udua - who our co-founder, Gary Foxcroft, was blessed to meet back in 2003 whilst carrying out his Masters research in Nigeria.

Grace's kindness was the driving force in the establishment of the Stepping Stones School where she served as Head Teacher for the last 20 years before retiring this year.

Leadership is one of the most powerful drivers of quality education—second only to teaching itself. Strong leaders shape vision, inspire teachers, and create environments where children can truly thrive. Grace was one of the strongest leaders one could imagine and a true teacher in every sense of the word.

As the world reflects on the importance of educational leadership, we celebrate someone who embodies this truth.

Grace’s leadership was never about titles. It was about kindness, consistency, and a belief in every child’s ability to learn. Her love for education didn’t just transform the many schools she worked in — it helped inspire the growth of the Jolly Phonics programme across Nigeria, now the largest literacy project in Africa.

As Grace retires this year, we honour a life of service, quiet excellence, and transformational leadership.

Thank you, Grace, for showing us what true educational leadership looks like. Your impact will be felt for generations.

A well-deserved sentence!

BREAKING: Armed Robber Who R***d Woman, Two Teenagers Sentenced To Death In Calabar By Jonathan Ugbal A High Court of Cross River State presided over by Justice Blessing Egwu on Monday sentenced Okon Ekpo Effiong to death for acts of aggravated assault, r**e and armed robbery. Effiong, 33, had alongside four others gang r**ed a lady and two children after an armed robbery attack. T...

Let me show you How Some Nigerians Will Pay ZERO Tax in 2026
Not by cheating, but by STRUCTURE.
Read this before you overpay again.

If you think tax exemption is only for big men,
sit down.

As your Financial Literacy Advocate, let me say this clearly:
Some of the biggest tax reliefs in Nigeria
are designed for ordinary people and small businesses.

You can only Spot this, when you read the New Tax Policy with Open Heart.

Let me explain this with a Simple English in a way that even Mama Ngozi that sells tomatoes, at Fokona Village will understand

my previous Post, I showed you how personal income tax works
and how someone earning ₦1.5 million can legally pay ZERO tax.

Today, let me show you WHY government itself created exemptions
that smart people are already using.

And how you too can benefit from it.

1: PENSION & GRATUITY IS FULLY TAX EXEMPT

Oya...
Mama Ngozi, listen carefully.

Every month, if you contribute money to pension like I said in my last post.
that money does not sleep.

It is invested in:
• Treasury Bills
• Money Market Funds
• Low-risk investments

So when you retire, the money they will pay you is:
More than what you contributed

Now here is the sweet part

When they finally pay you:
• Pension
• Gratuity
• Retirement benefits

Government will NOT tax you.

Even if it is: ₦5 million
₦10 million
₦100 million

ZERO tax.

That is government telling you:
“Plan your future, we won’t punish you.”

That's one of the huge benefits and reasons to plan for your retirement

2: COMPENSATION FOR LOSS OF JOB, UP TO ₦50 MILLION IS TAX-FREE

Cam down let me explain.

If Mama Ngozi’s son loses his job
and the company compensates him:

That money is tax-free up to ₦50 million.

Meaning:
Government understands that job loss is pain,
so they don’t add tax pain on top.

3: CAPITAL GAINS TAX - MANY THINGS ARE EXEMPT

This one go shock many people.

A: SELL YOUR PERSONAL HOUSE?
If you sell the house you live in,
No tax.

Government says:
“You’re not a property dealer. You’re just living.”

B: PERSONAL EFFECTS (TV, Furniture, Appliances)
If you sell your personal belongings
worth up to ₦5 million:

No tax.

C: SELL UP TO TWO CARS IN A YEAR (Private car ooh)

If Mama Ngozi sells:
• One car
• Or two of her cars in a year

No tax.

Why?
Because government knows you’re not a car dealer.

But... If the car Pass two, Ahhh, Government you must pay Tax ooh, because for you to sell More than Two Cars in a Year, this one no be Personal car Again oooh, Na Coscharis Dealer you be.

4: SHARES & INVESTMENTS - THIS ONE IS VERY IMPORTANT

A: Gains on Shares BELOW ₦150 Million

If your total share value is below ₦150m
and your gain is reasonable like ₦10m:

No capital gains tax.

B: Gains on Shares, BUT REINVESTED

As a Capital Market Investor, I have Explained this part Clearly to all my Mentees.

Because this is where smart investors smile.

Let me give you Example:

Let's say You buy shares worth ₦300m
You sell and make ₦100m profit or more.

If you:
• Reinvest that money into other shares

ZERO tax on the gain.

Government is saying:
“Keep your money in the capital market. Grow the economy.”

That’s why I keep shouting INVESTMENT.

5: NGOs, CHARITIES & RELIGIOUS BODIES

Churches.
Mosques.
NGOs.

If they are non-commercial:

No tax.

Non-Commecial means they are not doing business at all.

I hope you understand sha?

Let me very honest.

If you still think: “Government wants to kill us with tax”

You have not read the law.

The law is actually saying:
• Grow
• Invest
• Plan
• Structure yourself

And we will reward you with reliefs and exemptions.

That is how some people will legally pay ZERO tax in 2026.

Next Class:
I will show you Some Businesses that will Pay Zero Tax, even if you make 1 Billion Naira in a year.
using real Nigerian examples.

No fear.
No grammar.
No intimidation.

I am Iking Ferry
Your Financial Literacy Advocate
Founder, Pulseford Business School
Class continues. Save this post. Share it.

On a Mission to build 1 million Financially Free Nigerians with the right Knowledge