Wealth Money Legal & Professional Culture Nigeria

The Salary Trap, Why Founders Overpay Taxes

Name: The Salary Trap, Why Founders Overpay Taxes
Uploaded: 2026-05-01
Duration: 2 min 8 s
Channel: Olayinka Obebe
Description: Paying yourself a massive salary from your own company is a structural mistake that leaks wealth directly to the state. Many successful Nigerian founders make the error of treating their business account like an ATM, or setting an artificially high monthly salary to reward themse

2:08 · 76,197 views · Part of The Trap Series

Paying yourself a massive salary from your own company is a structural mistake that leaks wealth directly to the state. Many successful Nigerian founders make the error of treating their business account like an ATM, or setting an artificially high monthly salary to reward themse

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