Banks Must Request Tax ID From All Taxable Persons Starting January 2026 — Oyedele

Taiwo Oyedele says banks will be required to request a Tax Identification Number (TIN) from all taxable Nigerians.

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms said the move is part of the Federal Government’s new tax administration framework set to take effect on January 1, 2026.

”A taxable person is anyone who earns income through trade, business, or any economic activity. So banks must request a tax ID from taxable persons,” Oyedele disclosed in a video on his YouTube channel on Thursday.

READ ALSO: Customs Extend Fast Track Migration Deadline To January 2026

He cited Section 4 of the Nigerian Tax Administration Act (NTAA), which takes effect on January 1, 2026, which he says makes the possession of a tax ID mandatory for all taxable individuals.

According to Oyedele, the policy has existed since the 2020 Finance Act, but the NTAA now provides the formal legal backing for enforcement.

He added that income earners and businesses already issued TINs will not need to obtain new tax IDs.

“Yes, but with some exemptions. A section of the NTAA requires a taxable person to register and obtain a tax ID,” Oyedele said.

He, however, noted that the requirement does not apply to students or dependents, who will be exempted from needing a tax ID to maintain a bank account.

“This means that individuals who do not earn an income, such as students and dependents, do not need to obtain a tax ID.”

Tinubu Signs Tax Reform Bills Into Law

In January, President Tinubu signed four landmark tax reform bills into law, unifying Nigeria’s fragmented tax system, removing redundant overlaps, boosting investor confidence, enhancing transparency, and promoting coordinated efforts across all levels.

Tinubu described the legislation as a clear departure from previous policies, emphasising that the reforms are designed to ease the burden on working families, small businesses, and low-income earners while eliminating inefficiencies that have long plagued Nigeria’s fiscal structure.

He said the new tax limit forms the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.

The four bills are: the Nigeria Tax Bill (Fair Taxation), Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

“These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet.”

Thailand-Cambodia fighting enters 5th day, Thai PM confirms Trump call

Fighting between Cambodia and Thailand has entered its fifth day, with Cambodia accusing the Thai military of continued shelling and Thailand’s caretaker Prime Minister Anutin Charnvirakul confirming that he is scheduled to speak with United States President Donald Trump.

Thai forces allegedly carried out new attacks in three Cambodian provinces in the early hours of Friday morning, according to Cambodian news outlet The Khmer Times.

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The newspaper reported that Thai forces opened fire in the Ta Moan, Ta Kra Bei and Thmar Daun areas of Cambodia’s Oddar Meanchey province.

It also reported Thai shelling in the Phnom Khaing and An Ses areas of the country’s Preah Vihear province, as well as the areas of Prey Chan Village and Boeung Trakuan in nearby Banteay Meanchey province.

No new casualties were reported following the renewed fighting.

At least 20 people have been killed across both countries, with nearly 200 more wounded, since fighting resumed on Monday.

An estimated 600,000 people have also been displaced on both sides of the Thai-Cambodia border since the breakdown of a peace agreement brokered by Trump in October.

Displaced people carry boxes with drinking water distributed at a temporary camp in Cambodia’s Oddar Meanchey province on December 11, 2025 [Tang Chhin Sothy/AFP]

In a Facebook post, Cambodia’s Ministry of Defence also rejected as “fake news” a claim from the Thai military that it was using foreign mercenaries to operate suicide drones in its attacks on targets in Thailand.

“The Ministry of National Defence of Cambodia would like to reject propaganda disseminated on the Thai 2nd Army Area Facebook page, which accused Cambodia of using foreigners to help launch FPV [first person view] drones in the Cambodian-Thai border conflict,” the ministry said.

Separately, the ministry also rejected accusations from Thai media outlets alleging that it was preparing to launch Chinese-made PHL-03 missiles in the border dispute.

The PHL-03 is a truck-mounted multiple rocket launcher that can fire guided and unguided rockets with a range of 70km to 130km (43.5 miles to 81 miles), according to a US military database, while Cambodia’s BM-21 Soviet-designed multi-rocket launchers have a range of just 15km to 40km (9.3 miles to 25 miles).

“Cambodia demands the Thai side to deliberately stop spreading false news in order to divert attention to its violations of international law by painting Cambodia as a pretext to use more violent weapons on Cambodia,” the Defence Ministry said.

The Southeast Asian neighbours accuse one another of reigniting the conflict that centres around a centuries-old border dispute along their 800-kilometre (500-mile) frontier, where both sides claim ownership over a smattering of historic temples.

The continued fighting involving artillery, fighter jets, tanks and drones comes as Thailand’s caretaker Prime Minister Anutin confirmed he was scheduled to speak with President Trump at 21:20 local time (14:20 GMT) on Friday.

Trump promised on Wednesday to reach out to the leaders of both countries, saying he thinks he “can get them to stop fighting”.

White House Press Secretary Karoline Leavitt said on Thursday that Trump had yet to call the Thai and Cambodian leadership, but added that “the administration is obviously tracking this at the highest levels and is very much engaged”.

Thailand’s top diplomat Sihasak Phuangketkeow spoke with US counterpart Marco Rubio on Friday ahead of the planned call between Trump and Anutin, Thailand’s foreign ministry said.

Sihasak told Rubio that Thailand was committed to a peaceful resolution, but said sustainable peace must be backed up by actions and genuine commitment, the ministry said in a statement, adding that Rubio confirmed US readiness to constructively promote peace.

Anutin also said his decision to dissolve parliament on Thursday – earlier than expected – would not affect the management of the ongoing border conflict.

The move comes following a breakdown in relations between Anutin’s Thai Pride Party and the opposition People’s Party, the largest bloc in the Thai legislature.

Government spokesperson Siripong Angkasakulkiat said a legislative impasse had paralysed the government’s agenda, meaning Anutin’s party “can’t go forward in parliament”.

Thailand’s King Maha Vajiralongkorn endorsed the dissolution, the country’s official Royal Gazette announced on Friday, making way for early elections.

Gaza’s displaced face storm disaster with almost nothing

In the large displacement camps of Gaza, rows upon rows of makeshift tents blanket debris, empty lots and what remains of flattened neighbourhoods. With Storm Byron descending upon the enclave, a sense of terror has seized a population already exhausted from two years of Israel’s genocidal war with its unrelenting bombardment, starvation and chaos.

For the 1.5 million Palestinians living under plastic sheets and tattered tarps, the storm means something more than just bad weather. It’s another danger piled on top of the current battle for survival.

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For several days, meteorologists have warned that heavy rainfall and strong winds could hit the strip today, tomorrow and over the weekend, risking flash flooding and significant wind damage. What is certain, though, is that Gaza is not facing this storm with ready infrastructure, stocked shelters or functioning drainage systems.

It faces it with tents propped up with pieces of scrap metal, paths that become mud rivers after only one night of rain and families who have nothing left to protect.

Solidarity a survival strategy

In the camps of Gaza City, the scenes of vulnerability are everywhere. Most tents are constructed from aid tarpaulins, pieces of plastic salvaged from rubble and blankets tied to recycled wooden poles. Many sag visibly in the middle; others are erected inadequately, so much so that they quiver and flap violently under the slightest breeze.

“When the wind starts, we all hold the poles to keep the tent from falling,” said Hani Ziara, a father sheltering in western Gaza City after his home was destroyed months ago.

His tent was flooded last night in the heavy rain, and his children had to stay outside in the cold. Hani wonders painfully what else he can do to protect his children from the rain and strong winds.

Hani Zaira, a Palestinian father taking shelter in a destroyed building in Gaza City [Hani Mahmoud/Al Jazeera]

In many camps, the ground was already soft from previous rainfall. Wet sand and mud stick to shoes, blankets and cooking pots as people shuffle through. Trenches dug by volunteers to divert water often collapse within hours. With nowhere else to go, families who live in low-lying areas are preparing for the worst: that floodwaters will be pushed directly into their tents.

Stocking up on food, storing clean water and securing shelter are the most basic steps when people prepare for a storm, but that is considered a luxury for the displaced of Gaza.

Most families receive scant water deliveries, going sometimes days without enough to cook or wash. Food supplies are equally strained, and while irregular aid distributions provide basics like rice or canned beans, the quantities seldom last more than a few days. Preparing for a storm by cooking ahead, gathering dry goods or storing fuel is simply not possible.

Mervit, a Palestinian mother of 5 children displaced near the Gaza Sea Port.
Mervit, a mother of five children displaced near the Gaza port [Hani Mahmoud/Al Jazeera]

“We could not sleep last night. Our tent was flooded with rainwater. Everything we had was flushed out by water. We want to prepare, but how?” asked Mervit, a mother of five children displaced near the Gaza port. She added, “We barely have enough food for tonight. We can’t save what we don’t have.”

Despite poverty, solidarity has become Gaza’s strongest survival strategy. Neighbours, with whatever they have, help secure the tents. Young men go through the rubble and scavenge for metal and wood remains to serve as temporary posts. The women organise collective cooking so that hot meals can be distributed to families in need, particularly those with young children or elderly family members, whenever possible.

These unofficial networks become more active the closer a storm gets. Volunteers trudge from tent to tent, helping families raise sleeping areas off the ground, patch holes in canopies with plastic sheets, and dig drainage channels. Crowds try to move those who are in precarious, extremely exposed areas to other locations, sharing information about safer places.

‘We are exhausted’

Beyond physical danger, the psychological impact is deep. After months of displacement, loss and deprivation, another crisis – this time, not war, but forces of nature – feels overwhelming.

“Our tents were destroyed. We are exhausted,” said Wissam Naser. “We have no strength left. Every day there is a new fear: hunger, cold, disease, now the storm.”

Wissam Naser, a displaced Palestinian sheltering in a tent in Gaza City.
Wissam Naser, a displaced Palestinian sheltering in a tent in Gaza City [Hani Mahmoud/Al Jazeera]

Many residents describe the feeling of being sandwiched between the sky and the ground, exposed on both ends and unable to protect their families from either.

As clouds mass along Gaza’s shore, families prepare to take a hit. Some weigh down tent walls against the wind with rocks and sandbags. Others push children’s blankets to the driest corner, hoping a roof will last. Most don’t have a plan. They just wait.

The storm will not be another single-night affair for the displaced in Gaza. It would be a further reminder of how fragile life has become, how survival depends not on preparedness but rather on endurance.

‘Catastrophic flooding’ in North America’s Pacific Northwest as rains ease

Intense rains that triggered “catastrophic flooding” in North America’s Pacific Northwest have finally eased, though meteorologists warn the effects of overflowing rivers and floodwaters will continue to be felt for several days.

Tens of thousands of people were told to evacuate on Thursday across the US states of Oregon and Washington, up through the Canadian province of British Columbia, after rainstorms battered the region for several days, causing rivers to burst their banks.

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Western Washington state has borne the greatest brunt of the storm, with roughly 100,000 residents under “Level 3” evacuation orders.

State authorities have ordered people living south of the cities of Seattle and Tacoma to leave their homes, with aerial photographs showing farmland already under water, and populated areas perilously close.

In the city of Orting, south of Seattle, authorities warned there is a “significant threat to life and or property”.

There have been no reports of casualties or missing people due to the flooding, according to Karina Shagren, spokesperson for Washington’s emergency management division.

Rescue personnel prepare to evacuate residents from a home in an area flooded by the Snohomish River, as an atmospheric river brings rain and flooding to the Pacific Northwest, in Snohomish, Washington, US, on December 11, 2025 [David Ryder/Reuters]

Across the border in British Columbia, swaths of the Canadian city of Abbotsford, east of Vancouver, were swamped as of Thursday night, with hundreds of properties at risk.

Five of the six highways leading in and out of Vancouver were also closed due to floods, falling rocks and the risk of avalanches, the province’s Ministry of Transport said, describing the situation as “evolving and very dynamic”.

The main highway route between Vancouver and Seattle remains open.

The intense downpours were swept into the Pacific Northwest region earlier this week by an atmospheric river, a vast airborne current of dense moisture funnelled inland from the Pacific Ocean.

The storm system, which dumped more than 250mm (10 inches) of rain in some places, also brought heavy showers and flooding as far away as western Montana and the edge of northern Idaho.

Though the downpour began to lessen on Thursday, the after-effects are expected to linger across the region as high volumes of water make their way through swollen river systems.

“While drier weather looks to be in store for this area of the country through the upcoming weekend, the major … catastrophic flooding effects are likely to continue for several days across portions of western Washington State and northwestern Oregon,” the US National Weather Service said.

N Korea’s Kim hails ‘ever-victorious’ army’s role in war against Ukraine

North Korea’s Kim Jong Un praised the deployment of his troops in support of Russia’s war against Ukraine and promised to root out “evil practices” among some officials, state media reports.

In remarks concluding a key meeting of his ruling party on Thursday, Kim condemned “the wrong ideological viewpoint and inactive and irresponsible work attitude” of some officials, the state-run Korean Central News Agency (KCNA) said.

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He also spoke of “shortcomings and evil practices that must be corrected”, KCNA said on Friday.

The North Korean news organisation did not offer any specifics regarding the targets of Kim’s comments, though it did say the ruling party had revealed numerous recent “deviations” in discipline – a euphemism often used to refer to corrupt practices.

Wrapping up the three-day meeting, Kim reserved praise for the North Korean soldiers fighting against Ukraine alongside Russia, of whom at least 600 have been killed and thousands more injured in the war, according to South Korean estimates.

“Over the past year, various soldiers of our military have participated in overseas military operations to demonstrate the reputation of our military,” KCNA said, quoting Kim.

The military deployment in support of Russia “demonstrated to the world the prestige of our army and state as the ever-victorious army and genuine protector of international justice”, Kim added.

The North Korean leader also hailed efforts this year in “modernising” his country’s defences in the face of great “global geopolitical and technological changes”.

South Korea’s official Yonhap news agency said Kim had assessed that bolstering military capabilities was an “exact direction to ensure the security and defence of the country”.

The meeting of Kim’s ruling Workers’ Party of Korea (WPK) comes in advance of a party congress that is scheduled for early next year.

The Ninth Party Congress, which is due to be held in January or February, is expected to see North Korea unveil its policy approach to dealing with the United States and South Korea, as well as policies on the economy and defence, Yonhap reports.

The congress will be watched closely, Yonhap said, to determine “whether North Korea will codify Kim’s ‘two hostile states’ stance in the party’s rules as experts forecast Pyongyang to intensify its animosity to Seoul in the new year”.

South Korean President Lee Jae Myung has taken several steps to ease tensions with the North since taking office in June, including removing propaganda loudspeakers along the border and banning the dropping of anti-Pyongyang leaflets.

Lee also said he was considering an apology to Pyongyang over cross-border provocations allegedly ordered by his predecessor, disgraced ex-President Yoon Suk-yeol.

Yoon allegedly ordered drones carrying propaganda leaflets to fly over the North, in a bid, say prosecutors who have indicted the former president, to provoke military tension and boost his political support.