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OPINION: 2025 Sends Off 2024 And Its Baggage Of Rubbish

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The good, the bad and the ugly incidents that fetishised the ‘Ember’ months, notwithstanding, the year 2024 rolled off Earth’s cliff two days ago, plunging into the domain of history.

For most Nigerians, 2024 was a plummet down the valley of penury, like the restless Jabulani ball, scissors-kicked over the bar by a striker in a team of wanton boys playing soccer on a hill. F-r-e-e-z-e: Players and spectators watch, mouths agape, as the ball bounces– gba, gba, gba, gba, gbos – into the abyss of no return.

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Leaving T-Pain’s tonnes of pain in the memory of multidimensionally poor Nigerians, 2024 melts away like a candle in the wind as 2025 unveils its almanac of hope and promise at January’s doorstep: hope and promise– fodders for the poor.

But I often hear Generation Z say, ‘Nigeria is a cruise’; whatever that means is not a compliment. Dis Gen Z no send. They also describe Nigeria as an ‘active crime scene’. I strongly do not disagree.

“Proverbs, prophets, profits, politics and pains” is the other headline I considered for this piece. The white man is wise; He pronounces prophet and profit the same way—probably because He knows one is a mirror, the other is a reflection. Playing politics, He brought us the Books of the Prophets to enslave and make profits from our pains. The white man: He deserves a capital H because He is very wise. His H, however, could also mean Heaven or Hell. What does His H mean?

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In their wisdom, the Igbo say the proverb is the palm oil with which words are eaten. I concur. According to the Yoruba, a proverb is the horse deployed in search of speech when words go AWOL. I daresay that for Africans, in general, a proverb is the thread the needle threads to hold together the verbal embroidery in everyday conversation.

Charity should not end at home, though it begins there. To this intent and purpose, I intend, in this article, to use proverbs to contextualise Nigeria’s political and religious leadership on the canvas of hypocrisy, starting with Igbo proverbs.

MORE FROM THE AUTHOR: OPINION: The Cockroach Called Dele Farotimi (2)

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But wait oh, do you know why footballers bore holes in their socks? It is because they want their legs to breathe. Do you remember the squished black American, George Floyd, and his neck, grunting under the knee of breakneck brutality in Minneapolis, Minnesota, in 2020?

Well, soccer players cut holes in their socks to reduce tightness and pressure on the calves, thereby preventing cramps and spasms. Holes in socks also allow better air flow and blood circulation in the feet.

Ex-House of Representatives member from Edo State, Patrick Obahiagbon, is both a jokesmith and a wordsmith. From him, I learnt Isi-ewu-lysing and peppersouping.

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In the years of the military, the phrase ‘Fellow Nigerians’ sent khaki-chill down the spine of the citizenry when potbellied isi-ewu-lysing and peppersouping coup plotters seized the air to announce the death of a reigning government and the birth of a new one.

But a serving Lagos Police Public Relations Officer, Superintendent Alozie Ogugbuaja, dared the military by telling Nigerians that the country’s soldiers were more adept at isi-ewu-lysing and peppersouping than cocking a gun. I still do not know how Ogugbuaja never stopped a bullet!

MORE FROM THE AUTHOR: OPINION: The Cockroach Called Dele Farotimi (1)

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“Fellow Nigerians” and “With immediate effect” are military phrases invented by the late General Murtala Mohammed, who seized power from General Yakubu Gowon at 36, with Gowon himself being 31 when he shot to power. Those were the years when youths were truly the leaders of tomorrow. But ancestors are in power today.

So, it is with the utmost sense of political history that I hereby use the phrase ‘Fellow Nigerians’.

Fellow Nigerians, to survive religious and political asphyxiation in 2025, there is the need to use our heads more than our hearts and move away in the opposite direction from profiteering politicians and crooked prophets, whose yearly predictions and projections are emptier than emptiness. To buttress my charge, I bring you the Igbo proverb that says, “Ukwu na ga wara; anya na ga wara na hu ya.” Meaning: When the legs walk in the shadows, eyes in the shadows will see it.

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The Igbo are not done; they have another proverb that speaks to the hypocrisy exemplified by Nigeria’s military bombing of innocent citizens in Sokoto last Christmas. Here is the proverb: “O bu mmuo ndi na-efe na-egbu ha.” Meaning: It’s the deity that people worship that kills them.

In Sokoto, Nigerian soldiers made another tactless error by raining bombs on the innocent, killing no fewer than 10 people. But instead of military authorities owning up and apologising for the human error, the Chief of Air Staff, Hassan Abubakar, in a Christmas broadcast, thanked members of the Air Force.

Unlike stronger, more equipped and better-educated armies worldwide, the Nigerian Army never says sorry for intentional and unintentional wrongdoing. N-E-V-E-R! From the throwing of Mrs Funmilayo Ransome-Kuti out of an upstairs window to the Odi massacre and other senseless killings nationwide, the Nigerian military never says sorry, whereas the strongest army in the world, the US Army, apologises whenever it errs against the citizenry.

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MORE FROM THE AUTHOR: OPINION: From Warmongering To Lie-peddling, Alapomu Go Explain Taya

Since Independence, the Nigerian Army has proudly worn its ‘big-for-nothing’ badge, always bullying the citizenry rather than offering protection. I aver without equivocation that the Nigerian Army is the most arrogant of all the agencies of government. And the most lawless, too. It is the stupid god that kills its people.

It took the Vice President, Kashim Shettima, and Sokoto State Governor, Ahmed Aliyu, to apologise and sympathise with the families of the Sokoto bereaved. What would it cost the Army to apologise for an unintended error?

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Yoruba proverbs are as plentiful as the sands of the beach. One of them is “Oju abere ni okun n to”. It means the thread follows the path created by the needle.

But the thread of Nigeria’s priesthood has deviated from the path created by the needle. The needle here is a metaphor for the Holy Bible and the Holy Quran, with the Ifa priesthood being not as ridiculous as the Christian and Islamic priesthoods.

January is the time of the year when Christian clerics especially, and some of their Muslim counterparts, who are playing catch-up, come up with spurious predictions for the New Year.

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They claim they hear from God, but 101 per cent of their puerile predictions do not come to pass. I wonder how they face their congregation days after their predictions come to nought. Some people are shameless, thick-skinned toads.

I also wonder how their congregations face them after their litanies of failed predictions. Is it a case of “iso inu eku, a mu mo’ra ni” or “Esin alatosin ko si lowo okobo”? In the ‘iso inu eku’ proverb, the Yoruba deduce that when the masquerader farts inside its masquerade, he cannot complain of the smell.

Also, the Yoruba call a man suffering from gonorrhoea (‘alatosin’). They reason that a man suffering from gonorrhoea is better than another suffering from erectile dysfunction. Surely, there is a dire dysfunction in the nation’s priesthood.

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None of Nigeria’s lying seers saw the spate of drownings nationwide. Their gods could not tell them specifically about impending flooding, building collapse and fire outbreaks. I would not mention names because they know themselves and the mugus know them.

If their thread was following the path charted by the needle, they would have been as exact as the dreamer called Joseph or Elijah, the rainmaker or Jacob, who saw heaven. But the needle and the thread of priesthood in Nigeria have fallen apart.

I will end this piece with two Hausa proverbs, “Rua ba su yami banza,” and “Kadda ya yi chikki, ya haifu wauya.” The first means water does not get bitter without a cause, while the second means do not do something that you would be sorry for afterwards.

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It is a new year; let’s be patriotically wise. Only a stubborn dog disregards the hunter’s whistle. A word is enough for the wise. Welcome, 2025!

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BREAKING: Renowned Businessman, Aminu Dantata, Is Dead

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Alhaji Aminu Alhassan Dantata, a renowned Nigerian businessman and philanthropist, has passed away at the age of 94.

The news of billionaire businessman’s demise was disclosed via a social media post on Saturday by the Deputy National Treasurer of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Uba Tanko Mijinyawa.

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According to him, details of the Muslim funeral prayer (Jana’iza) for Dantata will be announced in due course.

Inna Lillahi wa’inna ilaihi Raji’un. Allah ya yi wa babanmu Dattijo, Alhaji Aminu Alhassan Dantata, rasuwa. Muna addu’a Allah ya jikan sa, ya gafarta masa. Za a sanar da lokacin jana’izarsa,” Tanko wrote in Hausa language.

READ ALSO: One Dead As Police Foil Kidnap Attempt In Kogi

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Tanko’s message about the late philanthropist, who is also an uncle to Africa’s richest man, Aliko Dangote, was translated as “Indeed, we belong to Allah and to Him we shall return. May Allah have mercy on our father and elder, Alhaji Aminu Alhassan Dantata. We pray for his forgiveness. The time of his funeral will be announced.”

Also confirming the news, his Principal Private Secretary, Mustapha Abdullahi Junaid, disclosed in a statement Saturday morning that the Janazah details will be shared later.

Junaid wrote, “Innalillahi wa inna ilaihi rajiun. Innalillahi wa inna ilaihi rajiun. It is with heavy heart that I announce the passing of our beloved father, Alhaji Aminu Alhassan Dantata. May Allah grant him Jannatul Firdaus and forgive his shortcomings. The Janazah details will be shared later insha Allah.”

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Alhaji Aminu Dantata, who was the founder of Express Petroleum & Gas Company Ltd., is also credited with having played a key role in the establishment of Nigeria’s first non-interest (Islamic) bank, Jaiz Bank.

 

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EYIF: Utilize N2m Grant Provided By The Govt, Edo Deputy Gov Urges Youths

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says 1,500 applicants screened, 30 met requirements

Deputy Governor of Edo State, Hon. Dennis Idahosa, has urged youths in the state to make the best use of the N2 million start-up grant provided by the state government under the Edo Youth Impact Forum (EYIF).

Idahosa added that the youths must be innovative as they tapped into the two million start-up grant.

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In a statement, the Chief Press Secretary to the Deputy Governor, Friday Aghedo, said Idahosa made the remarks during an incubation class of EYIF.

The Edo number two citizen, while noting that EYIF was parts of the government’s drive to build a new generation of entrepreneurs that would impact and shape the state’s financial economy, showed them how to position themselves in the entrepreneurial space to boost the local economy.

READ ALSO: Idahosa Optimistic Shaibu Will Perform As National Sports Institute DG

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Idahosa encouraged the youths to put behind their challenges and make the best of the opportunity provided by the Senator Monday Okpebholo-led government.

According to him,
though 1,500 applicants got screened ahead of the finale scheduled for July 2, 2025, only 30 met the requirement and thus scaled the initial process.

“This number has again been pruned to 10 participants today and will eventually be reduced further to five finalists at the end of the day.

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“Irrespective of who emerges as finalists, I want you to know that you are all winners. We are here as a government to encourage the youths because any society that strives to grow must have an active youth involvement,” Idahosa reiterated.

Earlier, the Special Adviser to the Governor on Finance, Investment and Revenue Generation, Mr. Kizito Okpebholo, presented the participants to the deputy governor.

 

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Things To Know About Nigeria’s New Tax Laws

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President Bola Tinubu on Thursday signed four new tax laws aimed at modernising and streamlining the country’s tax system.

In the new tax law, the Value Added Tax rate remains at 7.5 per cent despite initial proposals to increase to 12.5 per cent, but its scope is expanded.

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Essential items—such as food, education, healthcare, public transport, residential rent, and exports—are zero-rated to ease inflationary pressure.

For revenue allocation is restructured: now 30 per cent of VAT proceeds are distributed based on consumption (rather than contribution), 50 per cent equally among states, and 20 per cent to population-based allocation.

With the latest development, it is expected that state revenue streams will increase, and it will also discourage tax evasion.

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Overview of the four new laws

Nigeria Tax Act: Consolidates various tax rules into a single, simplified code, eliminating over 50 small, overlapping taxes. This reduces complexity and duplication, making it easier for businesses to comply.

READ ALSO:Nigerian Lawmakers Approve Tinubu Tax Reform Bills

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Tax Administration Act: Establishes uniform rules for tax collection across federal, state, and local governments, ensuring consistency and reducing administrative conflicts.

Nigeria Revenue Service Act: Replaces the Federal Inland Revenue Service with the independent Nigeria Revenue Service, aiming for greater efficiency and autonomy in tax administration.

Joint Revenue Board Act: Enhances coordination between different government levels and introduces a Tax Ombudsman and Tax Appeal Tribunal to handle disputes fairly.

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Key objectives of the new tax rules

Simplify Tax System: Reduces bureaucratic hurdles and overlapping taxes to make compliance easier, especially for small businesses and informal traders.

Increase Revenue Efficiency: Aims to boost Nigeria’s tax-to-GDP ratio from 10% (below the African average of 16–18%) to 18 per cent by 2026 without raising taxes on essential goods.

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Reduce Financial Burden: Provides relief for low-income households and small businesses while ensuring high-income earners and luxury consumers contribute more.

READ ALSO:Senate Passes Two Tax Reform Bills

Fund Public Services: Increased revenue will support infrastructure, healthcare, and education, reducing reliance on borrowing.

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Who benefits and how
Low-Income Households:
Individuals earning up to ₦1 million ($650) annually receive a ₦200,000 rent relief, reducing taxable income to ₦800,000, exempting them from income tax.

VAT exemptions on essential goods and services (food, healthcare, education, rent, power, baby products) lower living costs.

Small businesses:

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Businesses with an annual turnover below ₦50 million ($32,400) are exempt from company income tax.
Simplified tax filing without requiring audited accounts reduces compliance costs.

Large businesses:

Corporate tax rates drop from 30 per cent to 27.5 per cent in 2025 and 25 per cent thereafter.
Tax credits for VAT paid on expenses and assets allow businesses to recover the 7.5 per cent VAT.

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Charitable, educational, and religious organisations:

READ ALSO:FG Sues Binance For $81.5bn In Economic Losses, Back Taxes

Tax incentives for non-commercial earnings, encouraging community-focused activities.
Impact on different groups
Low-Income Earners: Benefit most from income tax exemptions and lower costs for essentials, increasing disposable income.

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Small Businesses and informal traders: Simplified rules and tax exemptions encourage compliance and reduce financial strain, potentially formalising more businesses.

High-income earners and luxury consumers face higher VAT on luxury goods and premium services, plus capital gains tax on large share sales.

Government: Expects increased revenue for public services without overburdening vulnerable citizens.

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Why reforms were needed

Nigeria’s tax system was outdated, inefficient, and disproportionately harsh on low-income groups.
The low tax-to-GDP ratio (10%) limited funding for critical services like healthcare and infrastructure.
Overlapping taxes and complex rules deterred compliance, especially among small businesses and informal traders.
Public and expert reactions

READ ALSO:JUST IN: Tax Reforms Here To Stay, Says Tinubu

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Positive sentiment: Small business owners welcome tax exemptions but seek clarity on enforcement to avoid unexpected levies.

Low-income earners appreciate relief on essentials but remain cautious about implementation.
Taiwo Oyedele, head of the Presidential Fiscal Policy and Tax Reform Committee, claims 90% public support, emphasising that success depends on awareness and trust.

The reforms align with Tinubu’s administration’s goal to reduce economic inequality and boost fiscal capacity without overburdening citizens.

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By encouraging voluntary compliance and reducing reliance on loans, Nigeria aims to strengthen its economy and fund development projects.

These reforms mark a significant step toward a fairer, more efficient tax system, with a focus on supporting vulnerable groups while fostering economic growth. However, their success hinges on transparent enforcement and public trust. For further details, you can refer to official statements from the Nigerian government or credible news sources covering the reforms.
(PUNCH)

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