Category: Commentaries

  • Poverty in the North: Who’s to blame?

    Poverty in the North: Who’s to blame?

    Sir: The recent uproar over the federal government proposed Value Added Tax (VAT) Reform Bill has elicited another debate and leaders from the North have also shown serious concern and their objection to the entire bill, as they believe it would have negative impact on the region.

    Similarly, this has also ignited discussion on the issue of poverty in that bedevilled the Northern Nigeria, as well as other pertinent issues.

    I believe the Northern region just like the leadership at the highest levels in the country is faced with leadership crisis. The northern region is in dire need of credible, selfless leaders and there is urgent need to study the leadership quality of our forebears. The likes of Alhaji (Sir) Ahmadu Bello, the Premier of Northern Region and Sir Abubakar Tafawa Balewa, the first and only Premier of Nigeria, all of blessed memory.

    Perhaps this may help today’s men in the position of authority across the entire northern region gain some insights and develop passion for selfless service to our people.

    Ahmadu Bello, Sardaunan Sokoto, had a dream of a prosperous and virile region under his watch, hence the great strides recorded in numerous ways across the entire corners of the northern provinces, in both human and infrastructural development.

    Read Also: BBNaija star Phyna decries restaurant entry denial over outfit choice 

    He laid the foundation and turned around our institutions for sustainable growth within a short time.

    In their detailed work titled The Ahmadu Bello Way, Ainoko Israel Aye-Ebene and Dauda Garuba published in The Cable, March13, 2018, they wrote about the premier: “the choice to remain as the premier of Northern Nigeria was a conscious one; a keen understanding of the fact that the building block for national development is regional development. His major priority was to push for the realization of a Northern Region that can politically and economically compete with Western and Eastern regions of Nigeria”.

    They further added, “the North is too large and important a component of Nigeria to lag behind the rest of the country and if allowed to lag, it would constitute a dead weight and drag the rest of the country back”.

    Additionally, Professor Isah Odidi and Dr. Baba J. Adamu in a well-researched compilation entitled “Sir Ahmadu Bello, the Sardauna of Sokoto: The Seasons of a Man’s Life, summarized the approach of Sir Ahmadu Bello to governance as: “The development strategy of the government under Ahmadu Bello may be summarized as trying to achieve regional parity through affirmative action politics. His “Northernization Policy” was the basic agenda for development, and reflected a profound belief on the part of Ahmadu Bello that northerners had the capacity for rapid development, if given the opportunity.

    However, the present crop of leaders and elites from the north abandoned the philosophy of Sardauna, as under their watch, his legacies are crumbling gradually, and none of them is showing remorse for this.

    Yes indeed, there is need for re-birth in the affairs of north and the leadership question.

    On the issue of culture, it is not an impediment to development or progress of the northern region; it is the lack of proper investment in education sector. It is true that modernization makes many forms of traditional life disappear. But at the same time, it opens opportunities and constitutes an important step forward for a society as a whole.

    There is no room for excuses and the north should stop blaming external factors for their circumstances; the consequences are dire and if we fail to act, we risk being trapped in a perpetual poverty circle.

    In order to accelerate economic growth and development in the north, stakeholders formal levels should first invest massively in education; increase education budget to 15% as recommended by the UN, build and equip school in rural communities, train teachers in the use of modern equipment, and ensure improvement of their welfare and above all award scholarship to exceptional students to study abroad; with emphasis on science and technology.

    Each state in the North needs to implement the Malaysian developmental state experience. In 1971 the country changed direction from a laissez faire approach to developmental state (DS) approach a term used to describe countries that implement state-led policies or interventions to achieve rapid economic growth and structural change.

    The north as a regional bloc can do this under its umbrella organization. The body can enter bilateral agreement with the Malaysian government in the area of education, agriculture, trade and investment. Through this partnership, the north can learn from the Malaysia experience as a basis for regional and national development and thus revive the Sardauna’s dream for Arewa-Northern region and its people.

    •Abdullateef Tanko,nayashit@yahoo.com

  • Urgent need for improved safety standards for oil tankers

    Urgent need for improved safety standards for oil tankers

    Sir: In Nigeria, tankers carrying petroleum products are a common sight on the nation’s highways. These massive vehicles, often loaded with flammable and hazardous liquids, are an integral part of the country’s transportation system, facilitating the movement of crucial fuel supplies across the nation. However, the increasing number of tanker accidents, many resulting in devastating fires and environmental disasters, has raised serious concerns about road safety.

    The weight of these tankers, combined with their unstable cargo, makes them particularly vulnerable to accidents on uneven roads. This is why spills, fires, and explosions are becoming tragically common on Nigeria’s highways.

    The frequency of these accidents has become a serious concern for the public and emergency services alike. In many cases, these spills are not limited to small quantities of fuel—they often involve large amounts, turning the accident sites into disaster zones.

    One of the greatest risks associated with tanker accidents is fire. Petrol and diesel are highly flammable substances, and when they spill, even the smallest spark can set off a catastrophic blaze. Tanker accidents frequently lead to massive fires that engulf entire vehicles, block roads for hours, and sometimes claim the lives of not only the truck driver but also passersby or those trying to scoop free fuel.

    The fires are also a huge strain on Nigeria’s already overstretched emergency services, which are often ill-equipped to handle such large-scale incidents.

    A significant factor contributing to the risk posed by tankers is the lack of effective safety measures and regulations. Although there are laws and safety guidelines in place, they are not always enforced, and the implementation of regulations remains lax. Tankers are often seen speeding, overtaking recklessly, and driving without the necessary safety equipment or proper inspection.

    Read Also: NDDC boss highlights Tinubu’s commitment to Niger Delta Development

    Furthermore, many of these tankers are old and poorly maintained. Some vehicles are known to be overburdened or improperly loaded, which increases their likelihood of toppling over or spilling their contents in the event of an accident. The absence of a uniform safety standard for tanker operators further intensifies the danger on Nigerian roads.

    Installing automatic fire suppression systems is one of the most effective ways to reduce the fire risk in tanker accidents. These systems are designed to detect and extinguish fires as soon as they start, reducing the likelihood of a small flame growing into a massive inferno. By installing such systems on all tankers, the chances of a fire spreading out of control could be greatly reduced.

    In many countries, fire suppression technology is mandatory for vehicles carrying hazardous materials. It is not yet a widespread practice in Nigeria. The introduction of automatic fire suppression systems would not only improve the safety of tanker operations but also provide peace of mind to the public, knowing that there are mechanisms in place to prevent disasters.

    In addition, the installation of spill containment systems is essential. These systems should be installed in tankers to quickly contain any fuel spills, preventing them from spreading across large areas and mitigating potential environmental damage.

    Also, proper loading and unloading mechanisms are crucial. Tankers must be equipped with secure systems to prevent leaks or spills during transportation, ensuring safe handling of hazardous materials.

    Besides, advanced warning systems should be integrated into tankers. These systems are designed to alert nearby vehicles and pedestrians during an impending accident or hazard, enhancing overall road safety.

    Moreover, driver training and certification are vital. Drivers must undergo rigorous training in handling hazardous materials, defensive driving techniques, and emergency response protocols. Only certified drivers should be permitted to operate fuel tankers.

    Furthermore, regular inspection and maintenance are non-negotiable. Tankers should undergo frequent safety checks to ensure they are in optimal working condition. Any mechanical issues should be promptly addressed to avoid operational failures and ensure continued safety.

    The current state of tanker operations in Nigeria often resembles a ticking time bomb. The combination of poorly maintained roads, outdated vehicles, inadequate safety equipment, and a lack of effective regulations creates the perfect storm for disastrous tanker accidents. In many ways, the tanker is like a “Molotov cocktail on wheels,” a disaster waiting to happen.

    Urgent reforms are needed to mitigate this risk. The government must enforce stricter safety regulations for tanker operators, including mandatory fire protection systems and regular vehicle inspections. This is a good time to start.

    •Elvis Eromosele, elviseroms@gmail.com

  • Alia and ‘Commonwealth Club’ Students

    Alia and ‘Commonwealth Club’ Students

    By Donald Kumun

    On Saturday, November 23, 2024, the Benue State Governor, Rev. Fr. Dr. Hyacinth Iormem Alia, welcomed a delegation of 42 students from the Commonwealth Club of Federal Government Girls’ College (FGGC), Gboko, to the Government House, in Makurdi.

    This visit provided the students with a unique opportunity to engage directly with the Governor and gain insights into governance and civic responsibilities.

    The Governor began the session by elucidating the significance of various symbols of authority within the Nigerian governmental framework. He highlighted the importance of the national flag, the Coat of Arms, and the national Anthem (which the students sang at the close of the Excursion), emphasizing their roles in fostering national identity and unity. He explained that these symbols serve as reminders of the nation’s sovereignty and the collective aspirations of its people.

    Delving into the structure of governance, Governor Alia outlined the three arms of government: the Executive, the Legislature, and the Judiciary. He described the Executive as responsible for implementing laws and policies, the Legislature for making Laws, and the Judiciary for interpreting Laws and ensuring justice.

    He also stressed the importance of the separation of powers, noting that this system is designed to prevent the concentration of authority and to promote accountability and checks and balances within the government, attracting the attention of the students who all took their books and writing materials, and jotted down His Excellency’s narrations.

    Read Also: Cricket: Nigeria maintain winning streak at World Cup qualifier

    He provided an overview of portraits of past Governors, since the creation of Benue State, in 1976, as well as key appointees, detailing their roles and portfolios, and contributions to the state’s administration.

     The Governor mentioned the Deputy Governor, Dr. Samuel Ode, who assists in overseeing various state functions and represents him at State official functions, whenever the need arises. He also highlighted the roles of commissioners heading various ministries, such as Education, Health,  and Agriculture etc, each responsible for implementing policies and programs in their respective sectors.

    Addressing the students’ curiosity about ongoing development projects, Governor Alia outlined several initiatives aimed at improving the state’s infrastructure and economy. He discussed the commencement of road construction projects, such as the Captain Dawn’s Road in Gboko, initiated on November 7, 2023, to enhance connectivity and boost local commerce.

    His Excellency also mentioned efforts to revitalize the agricultural sector, recognizing it as a cornerstone of Benue’s economy. He spoke about programs designed to support farmers, improve crop yields, and promote agro-based industries, thereby creating employment opportunities and ensuring food security.

    In the education sector, Governor Alia reaffirmed his commitment to enhancing educational facilities and resources recounting his visit to FGGC Gboko on July 6, 2024.

    He disclosed that, hosting the delegation are part of a broader strategy to promote girl-child education and empower young women to become future leaders.

    Governor Alia charged the students to be exemplary ambassadors of Nigeria, even as he encouraged them to uphold values of integrity, diligence, and patriotism in all their endeavors. The Governor reminded them that as members of the Commonwealth Club, they represent not only their school but also the nation on a global stage. He urged them to embrace the opportunities before them, pursue excellence in their studies, and contribute positively to society.

    Following the Governor’s address, the floor was opened for an interactive session by him, and the students posed insightful questions about gov ernance, leadership, and the role of youth in nation-building. Governor Alia responded thoughtfully, sharing personal anecdotes from his priesthood, the journey into public service and offering advice on leadership and civic responsibility.

    He encouraged the students to stay informed about current affairs, participate actively in community development, and consider careers in public service to effect positive change.

    The Governor also informed the students that, his engagement with them, exemplifies his commitment to youth empowerment and education, sighting instances of the monumental track records of his administration to priotize the education of young talented minds to include; facilitation of the participation of four Benue Students, who formed part of the national delegation that represented Nigeria at the bilateral international debate competition held in Jakarta, Indonesia, organised for basic education learners under the auspices of the President, School Debate Nigeria (PSDN), when the students won and brought home, two Trophies and presented to him, at Government House, Makurdi. The students were Sonia Aduba, Ogenyi Favour, Samuel Ochara, and Ruth Suurshater.

    He also recalled for the students’ encouragement, another giant stride recorded by him, to promote global competition amongst the Benue students community, when five (5) students, from the State, drawn from the Federal Government College, Vandeikya, represented Nigeria at the Robotic and Artificial Intelligence Club, known as “The Vande Coders”, in Hong Kong, China, this year.

    In this competition too, he told the FGGC Students that, the Vande Coders, at the close of the event which held on August 4, 2024, competed with other students from over 20 countries and won “The Best Core Value Awards”, which according to him, is One of the four (4) categories of awards won in the competition.

    The Governor expressed satisfaction that the award is significant to him because, it showcases the team spirit of the team through; Innovation, Discovery, and Impact of Application of Robotic project design, and assured that he would visit Federal Government College (FGC), Vandeikya, and make a pronouncement, for their rewards, on behalf of the State Government.

    The Vande Coders were qualified to represent the country, having featured at the regional level (North Central, North East, and North West), For Inspiration and Recognition of Science and Technology (FIRST) Lego League Robotic and Artificial Intelligence Competition, organised by Coderina Educational Technology Foundation of the Federal Ministry of Education in Kaduna State, where they emerged 2nd position to compete at the national level, at the M.K.O Abiola National Stadium, Abuja.

     Governor Alia, after rounding up the Excursion session with the Commonwealth Club students, took them round to key symbols and emblems in Government House, explaining their meanings and significance. He had just returned from the Nigeria Governors’ Forum (NGF) meeting, from Abuja, and drove straight to meet with the students.

    The Patron of Commonwealth Club of the School, Mr. Odu Joseph, who introduced the students to the Governor and the essence of the Club, explained that, the club is one of the 18 clubs that exists in all the 115 Federal Government Colleges, in the Country.

    According to him, as an extra curricular activities, the Club promotes the ideals and vision of Commonwealth associated with by leaders of Nations, globally. He said the Club is so important to the Federal Ministry of Education giving that Nigeria is an active member of Commonwealth.

     The purpose of the visit to the Governor, he said, was to identify with him, learn from his wealth of knowledge and experience, having achieved so much within just One Year and some months of his administration, to encourage the  girls and prepare them to take on leadership roles in future.

     That the institution initiated the move to visit the Governor in realization of his number 4 of his 7-point agenda, which is totally in line with the mandate and ideals of Commonwealth Club, to gain from him on how he was able to transform the state with a record time even with meagre resources available to him in the State.

    The visit of the Federal Government Girls’ College Gboko, will not doubt, leave a lasting impression on the students, for thrilled more than 3hours attention that the Governor passionately provided to interface with them. Many of them expressed their appreciation for the Governor’s openness and the opportunity to learn firsthand information (for the first time from him directly), about the workings of government. The experience and exposure has deepened their understanding of governance, and would inspire them to contribute to the nation’s progress, as they study to achieve their various educational careers.

    Therefore, by demystifying governmental processes, and encouraging active citizenship, Governor Alia has inspired a new generation to take pride in their heritage and to work diligently towards a prosperous future for Benue State, and Nigeria as a whole.

    •Kumun, is the Principal Special Assistant to the Governor on Print Media.

  • India investor to boost Nigeria health care sector with $100m investment

    India investor to boost Nigeria health care sector with $100m investment

    Nigeria-India investment relations got a boost, yesterday, when Indian Origin Healthcare Group Padiyath Healthcare revealed  that it has earmarked  investment worth $100 million in the Nigeria’s healthcare sector.

    This disclosure was made by Padiyath Healthcare Chairman Dr. Hazeeb Rahman Padiyath, during an address by visiting Indian Prime Minister Narendra Modi, in Abuja.

    According to Padiyath, the investments when completed will enable Nigerians access world class hospital at affordable cost.

    He disclosed that already the company is set to commission a world-class  hospital, in Abuja as part of the long term investment drive of the India company, in the country.

    According to him the first one is the “Padiyath Mayfields Hospitals”, a 300-bed tertiary care hospital which is being constructed in Suncity estates, Galadimawa, Abuja,” adding that “When commissioned it will be Nigeria’s largest private sector hospital”.

    Read Also: NDDC boss highlights Tinubu’s commitment to Niger Delta Development

    He told the visiting India PM that the “hospital brings in advanced diagnostic equipments like 3T MRI. 256 Slice CT Scan Machine which will be the first of its kind in western Africa along with Cardiac cathlab, 24 Super speciality centers of excellence, 25 bedded Intensive care unit, Operation theatre in emergency department itself in addition to the Operation Theater complex in the 3rd floor which can be lifesaving in times of emergency”.

    He said the project will be ready for unveiling by February 2025.

    The India investor disclosed that the second Hospital Padiyath Cancare Hospitals which will also be domiciled in Abuja will be a 200-bed hospital world class cancer institute.

    “This center will be a full-fledged cancer hospital with equipments like Pet Scan, Linear accelerator & Gamma knife,” Dr. Padiyath said.

    The Group Padiyath healthcare is true Indian multinational healthcare provider with operations in India, middle east & Africa, the company boss said.

    The Africa expansions are spearheaded by Dr. Padiyath. It is part of his vision to provide quality affordable healthcare across the Africa maintaining the principles of Padiyath Healthcare which says “Technology -Technique -Touch”.

  • Old students donate furniture, reflective sign post to alma mater at 45

    Old students donate furniture, reflective sign post to alma mater at 45

    The Old Students Association of Orin High School, Orin Ekiti in Ido Osi Local Government of Ekiti State have donated furniture  and a reflective signpost to the school.

    They made the donation as part of activities marking the school’s 45th anniversary.

    During the two-day event, an award of excellence was presented to the Commissioner for Education, Science and Technology, Dr. Olabimpe Aderiye, an indigene of Orin Ekiti for her contributions to development of the school and community.

    Other beneficiaries are headmaster, Mr Ogunlade, best teacher, and outstanding pupil in 2023 WAEC examination.

    In a presentation, former Council Chair, an old boy,  Elder Benjamin Fatope, warned pupils against acts that could destroy their careers and bring disrepute to the school.

    He urged the pupils to work hard for excellence and take a cue from others who have excelled in their chosen careers.

    National President of the union, Evangelist Rotimi Ojo, said the old students would assist in infrastructure development of the school to enhance teaching and learning.

    He appealed to old students home and abroad to support the developmental projects initiated by the Alumni Association.

    Earlier, Chairman of the Publicity Committee, Elder Oluwatuyi Aroge, noted that the association would project the school to the world and making it compete favourably with others around the globe.

    The programme attracted old students, who used the event to reunite, reminisce on and strategise on how to support their school.

    The old students moved round town to sensitise members on the need to give their children sound education.

    Activities for the first day was rounded off with a novelty match

    Presenting the furniture on the second day, Ojo, said the donation was to give pupils a sense of belonging.

    He appreciated members who contributed to the project, and urged pupils and teachers to ensure proper maintenance.

    Mrs Aderiye, represented by former Executive Secretary of Ekiti SUBEB, Babafemi Jegede, thanked the association for the award, and hailed it for giving back to the school.

    Speaking on the reflective signpost, a pioneer student, Ben Fatope, said the project was conceived and executed by 1979-1984 set.

    Read Also: Reps member Jimbo bags community service award

    Other pioneer students at the event are Dayo Dada, director of Works at FMC, Ido Ekiti; Aroge, director of Primary Health Care and Health Secretary with Ekiti State Primary Health Care Agency; Mrs Susan Oludakinni nee Ilori; Femi Samuel; Mrs Funmilayo Alo; Makanjuola Michael; Kehinde Daramola; Mrs Olubunmi Ajayi nee Alasi; Theresa nee Omonijo; and Pius Daodu. They congratulated the awardees and urged them to continue to justify the confidence reposed in them.

    Chairmen of the Fundraising Committee, home and abroad, Akinola Bodunde and Dr. Kayode lge, hailed members for donating willingly and generously.

    “This milestone is not just a celebration of time, but a testament to the dedication, values, and commitment of everyone who was part of the journey

    “Over the years, our school has been a place where memories are made, knowledge is gained, and friendship formed. It has nurtured and inspired individuals, instilling in us the virtues of hard work, integrity, and resilience”

    He appealed to pupils to emulate these virtues.

    Other dignitaries present are permanent secretaries, retired executive secretaries, Area Education officers, community leaders, alumni, the academia and politicians.

  • Tanning as a tool for poverty eradication

    Tanning as a tool for poverty eradication

    • By Bilal Ibrahim Ali

    Sir: Tanning is a centuries-old trade that transforms animal hides into leather, a product used globally in fashion, furniture, and industrial applications. Yet in Nigeria, particularly among the youth, tanning remains a largely unrecognized profession. This lack of awareness stems from the limited number of tanning industries in the country and their concentration in rural areas.

    In Maiduguri, the capital city of Borno State, three tanning industries operate: two traditional setups in Lamisula (Majema) and Gwange, and a modernized facility at Kasuwan Shanu equipped with advanced machinery. Despite this, only about 5% of Maiduguri’s youth are involved in tanning. The reasons are clear: scarcity of facilities and the physically demanding, often unpleasant nature of the work. Tanning requires handling skins soaked in strong-smelling chemicals, often leaving workers with stubborn stains and odours that linger even after thorough washing.

    Yet, while tanning may seem unappealing to many, it holds untapped potential for reducing youth unemployment and fostering economic development. By embracing this industry, Nigeria’s youth can contribute to both their personal livelihoods and the nation’s economic diversification.

    Read Also: Economy fully on rebound with Tinubu’s reforms, says Omokri

    In addition to its employment potential, tanning offers entrepreneurial opportunities. Skilled tanners can establish small-scale operations, supply leather to local markets, and eventually export their products. With the global demand for leather continuing to rise, Nigerian tanners could tap into lucrative international markets if provided with the right tools and support.

    The federal government deserves commendation for its ongoing efforts to reduce poverty through initiatives such as youth empowerment programs, skills acquisition schemes, and financial aid to small businesses. However, more targeted support for the tanning industry is essential to unlock its full potential.

    For instance, government-led vocational training centres can educate youth on modern tanning techniques, safety protocols, and business management. Offering loans or grants to aspiring tanners can help them acquire necessary materials and equipment. Campaigns to highlight tanning as a viable and dignified profession can change perceptions and attract more workers.

    Moreover, setting up more modern tanning facilities in urban and semi-urban areas would make the profession accessible to a broader demographic, just as investing in eco-friendly tanning methods can mitigate the environmental and health concerns associated with traditional processes.

    Nigerian youths must realize that no job is inherently undignified if it provides an honest living. Tanning may be physically demanding, but its rewards—financial stability, skill development, and entrepreneurial potential—far outweigh its challenges. By stepping into this field, young people can take charge of their futures while contributing to national development.

    •§Bilal Ibrahim Ali,

    Borno State University, Maiduguri.

  • Understanding Tinubunomics

    Understanding Tinubunomics

    • By Prof Leonard Shilgba

    Sir: I understand the complaints by many a Nigerian against the pains of the present ongoing reforms by the government of President Tinubu, but I ask: what alternatives do we have?

    I have studied Nigerians long enough to know the following about them. Grotesque impatience is a huge negative badge on Nigerians: we see this dramatized every so often on our highways and streets. Almost no one wants to wait for the other, and eventually gridlocks happen making those impatient drivers waste a lot more time than they were willing to give away in the first place! Tell me which government has arisen in Nigeria that Nigerians appreciated? Nigerians will always have the government of their murmurings.

    Nigerians, even the so-called educated ones, manifest shameful ignorance of political economics:  What is the primary promoter of poverty in Nigeria? Inflation. What are the triggers of inflation? High energy costs & attacks on agriculture due to insecurity. What are the drivers of energy costs? weak naira  continually triggered by unscrupulous Nigerians who have hoards of foreign currency (e g. US dollars) in their houses with which to manipulate the exchange rates to their selfish end and the removal of “fuel subsidy” that has provoked previous beneficiaries (including the neighbouring African countries).

    Any monetary policy of the CBN will be frustrated by those super-rich and corrupt Nigerians who are bent on sabotaging their country. What will an average Nigerian response be? “The government should go after them.” And when the government does, what will the same Nigerians say? “Oh, is so and so the only one? They have gone after him because he is from this part of Nigeria, from this religion, or such and such a political party.” Ever murmuring Nigerians!

    How many so-called educated Nigerians understand enough the efforts being made by the federal government to repair the cumulative economic damages of the past?

    Nigerians holding foreign currencies (e.g. US dollars) have been given nine months (from November) to take the cash in their houses to their domiciliary accounts with banks in Nigeria at no legal costs to them: this is amnesty to those corrupt colony of super-rich Nigerians who have held their country hostage; the same people that Nigerians cheer and murmur when they are arrested and made to face the law.

    Read Also: Tinubu to declare open 10th National Industrial Summit in Ilorin

    The ruling of the Supreme Court in July to have local governments’ funds remitted directly to them is a positive move. But I have known that many Nigerians are cowards, who speak against the federal government only, even accusing it for the failings of their state or local governments. Nigerians, do your civic work at your local government or state government level! You slough off your civic responsibility and think that your country shall become a paradise just by your murmurings and idleness?

    Prudent investments of savings from fuel subsidy have resulted in Nigeria meeting up with her Joint Venture counterpart funding in the upstream oil sector that has resulted in improved oil production, growing forex reserves (a determinant of FDI), expanding critical development infrastructure, etc.

    In less than two years, a solid economic foundation has been laid. To Nigerians who complain, “The people are suffering,” I can express sympathies, appeal for a different kind of discussion: State and local governments have a primary role to play towards poverty reduction. Both have more funds coming to them recently. The Federal Government is considering either reducing or phasing away certain taxes to make Nigerians keep more of their money as disposable income. I should request the National Assembly to expedite work on the proposed tax reforms.

    Federal agencies should be directed by President Bola Tinubu to freeze increases in their sundry charges: now is not the time, for instance, to increase fees for renewing of driver’s license, vehicle particulars, among so many charges. VAT should not be increased until the fruits of Tinubunomics start pouring in.

    •Prof Leonard Shilgba,

     <shilgba@gmail.com>

  • Nigeria’s economic reforms and outlook for 2025

    Nigeria’s economic reforms and outlook for 2025

    • By Kenechukwu Aguolu

    Sir: There have been divergent opinions about the economic policies adopted by the administration of President Bola Tinubu since it came into power on May 29, 2023. Those opposing the policies can be categorized into two groups: those who are ignorant about the workings of the policies but are genuinely concerned about the short-term hardships they have caused, and opposition parties and their followers who have decided to oppose any policy introduced by this government. The president has repeatedly stated that he was aware of Nigerians were going through.

    One striking observation is that many of those opposing the economic reforms of this government are suggesting a return to the status quo—reversing the removal of fuel subsidies and the floating of the naira. This suggestion is absurd, as these policies are the very ones that have destroyed the Nigerian economy over the years. Trillions of naira that could have been used for building infrastructure, improving healthcare and education, enhancing the military capabilities of the Nigerian security agencies, and funding research and development were spent on fuel subsidies and defending the naira.

    When President Tinubu assumed office, the country was in dire straits: high levels of insecurity, poor infrastructure development, a debt service-to-revenue ratio as high as 97%, a forex backlog of  $7 billion, and many state governments struggling to pay salaries. The Nigerian economy was in a state of comatose in need of radical reforms. During his national broadcast on the occasion of Nigeria’s 64th Independence Anniversary on October 1, President Bola Ahmed Tinubu stated that Nigeria must either reform for progress and prosperity or continue business as usual and risk collapse. It is common sense that to achieve different results, things must be done differently.

    Read Also: Economy fully on rebound with Tinubu’s reforms, says Omokri

    The International Monetary Fund (IMF) and World Bank have commended the economic policies of this administration and emphasized the need for them to be sustained. The good news is that the reforms have already started yielding results. The federal government has commenced the implementation of a national minimum wage, with state governments following suit at varying degrees. Insecurity levels have dropped, students are benefiting from a student loan scheme, the inherited forex backlog has been cleared, the debt service-to-revenue ratio has fallen to under 70%, foreign direct investments worth over $30 billion have been recorded in the past year, and the nation’s foreign reserves have risen to $40 billion. These are indicators of progress.

    In 2025, with oil production expected to hit two million barrels per day and domestic refining capabilities improving, the value of the naira is likely to strengthen, creating a positive multiplier effect on the cost of goods and services. The living standards of Nigerians will improve as their purchasing power increases and inflation drops. Businesses will thrive in 2025, leading to higher employment rates as household consumption rises and the cost of doing business decreases. Additionally, the impact of the current administration’s efforts to diversify the economy, improve infrastructure, and enhance security nationwide will further boost economic activity in 2025. These projections are based on the assumption that there will be no major pandemics or other crises locally or globally.

    •Kenechukwu Aguolu,  FCA,

    kenerek1@gmail.com

  • As cheap as Kwankwaso

    As cheap as Kwankwaso

    Were a teacher, searching for a fresh simile to teach a set of kids, on gripping political behaviour, that simile would be “as cheap as Kwankwaso”!

    Indeed, there’s no cheaper stunt, or reckless political grandstanding, or just empty posturing, than Rabi’u Musa Kwankwaso’s cheap gibberish of personalities, real or phantom, pocketing Kano; and Lagos “colonizing” the North.

    And to think this bloke just ran — and could, in future, run — for president of the Federal Republic!  What balderdash!

    The former Kano governor, addressing a gathering at Skyline University, Kano, went on and on, on a conspiracy theory that would put Donald Trump, the unfazed master of that genre, to shame!

    “Lagos wouldn’t allow us to choose an Emir,” he wailed, “Lagos young men are working so hard to impose taxes and take away our taxes from Kano!”  How cheap!

    To cut to the chase: Kwankwaso refers to the four consolidated tax bills, now before the National Assembly.  A lobby from the North wants the bills stepped down.  But President Tinubu has countered that whoever has any complaint should lodge them as part of the democratic law-making processes.

    So, that legitimate act passes for “Lagos boys” taking “away our taxes from Kano”!  So, Wale Edun, the Finance minister, and tax reformers working under him are now “Lagos boys” — and that bunkum to graduating university students!  Does Kwankwaso think they have sawdust as grey matter?  What disrespect!

    The current Emir of Kano tussle would appear gnawing at his ever restless soul!  Still, why this verbal panic? Does it write a bold handwriting on the wall?

    Read Also: Remain peaceful, Sanwo-Olu urges residents

    Governor Abba Yusuf, Kwankwaso’s political sidekick, had rushed through a process to replace the Emir of Kano.  That has spectacularly back-fired, with two Emirs laying claim to a sole Kano stool, even as the case drags on in court.

    As the saying goes, a bad artisan blames his tools.  So, for that fumble, Kwankwaso now blames “Lagos” (read President Bola Tinubu) because the Emir that felt short-changed didn’t sleep on his right. 

    Rather, he is challenging the matter in court. But because Kwankwaso, Abba and co can’t bully the Police to rush the second Emir out of town, the President, because he is commander-in-chief, is now Kano’s colonizer from Lagos!  Haba! 

    Did this guy even pause to listen to his wild talk?

    This is a new low, coming from a former governor, former Deputy Speaker of the House of Representatives, former senator of the Federal Republic and a likely future candidate for the presidency! 

    It’s infra-dig.  Nothing can justify such loose and reckless talk.  Kwankwaso and ilk should stop giving the North a bad name, on the altar of cheap and desperate politics!

  • Tax Reform Bill: VAT as a consumption tax

    Tax Reform Bill: VAT as a consumption tax

    • By Aderonke Atoyebi

    People have been talking about the proposed bill, discussing its potential, the concerns, and the necessary changes it could bring to Nigeria’s tax system. The Tax Reform Bill, with its proposed shift in the VAT derivation formula, is no small matter. The reform has the power to reshape Nigeria’s tax system and, by extension, its economy. It promises to address long-standing issues within Nigeria’s tax structure, with a focus on making the VAT distribution process more equitable for all regions.

    During a recent session at the House of Representatives on the proposed tax reform bills, Dr. Zacch Adedeji, Executive Chairman, Federal Inland Revenue Service (FIRS), presented an insightful case for restructuring the Value Added Tax (VAT) derivation formula. His explanation highlighted both the advantages of the reform. The Tax Boss explained that VAT is fundamentally a consumption tax, and as such, it should reflect where goods and services are consumed rather than where transactions are recorded.

    Under the current VAT framework, revenue is allocated based on the location of corporate headquarters or business operations rather than where actual consumption takes place. This approach has resulted in states like Lagos, Rivers, and the Federal Capital Territory (FCT) receiving a disproportionate share of VAT revenue. For instance, Lagos currently accounts for 42%, Rivers 16%, and the FCT 9% of the nation’s VAT collections. Meanwhile, states such as Borno and Bauchi receive less than half a percent each.

    One of the primary benefits of the new VAT derivation formula is the potential for a more equitable distribution of tax revenue. The current system heavily favours states with high production capacities, such as Lagos and Rivers, leaving other regions with far less. This has created an imbalance where wealthier states continue to prosper while others struggle with fewer resources. The shift to a consumption-based formula means that revenue will be distributed based on where goods and services are consumed, not where they are produced. This change could be especially beneficial for states with large populations but lower production capacities, ensuring that all Nigerians, regardless of where they live, have access to improved public services and infrastructure.

    Read Also: I won’t give up on impactful projects in FCT despite criticism – Wike

    By distributing VAT revenue more evenly, the reform will help bridge the development gap between regions. States that have been marginalized due to their low consumption rates would see an increase in their share of the national revenue. This would allow them to invest in sectors such as education, healthcare, and infrastructure, which are essential for improving the quality of life for their residents. The reform also has the potential to promote national unity. By ensuring that all states receive a fair share of VAT revenue, the government could reduce feelings of regional inequality.

    A concern with the reform is that states like Lagos and Rivers, which currently bring in the most VAT revenue, may see a decrease in their share under the new formula. This could strain their budgets and lead to delays or reductions in public services and key projects. However, while these states may face some short-term challenges, they have the means to adjust over time. In the long run, the goal of the reform is to share the country’s wealth more fairly, which will benefit all states, including those that generate the most revenue.

    Under President Bola Ahmed Tinubu’s Renewed Hope Agenda, Dr. Zacch Adedeji is not just tackling the current problems between regions, but also offering solutions that will help the country grow steadily and stay united in the long run. His goal is to create a Nigeria where all regions have the chance to succeed equally, which is necessary for a better future for everyone in the country.

    •Arabinrin Aderonke is the technical assistant on broadcast media to the Executive Chairman of the Federal Inland Revenue