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Strike: NLC Sends Emotional Oct 1 Message To Nigerians

Published

2 years ago

October 1, 2023

As Nigerians today mark the nation’s 63 Independence anniversary, Organised Labour, yesterday, asked citizens, irrespective of ethnic, religious and political differences, to join the nationwide strike it called from October 3, saying it is the march to freedom, better living conditions and prosperity for all.

Through the Nigeria Labour Congress, NLC, the Organised Labour also pleaded with royal fathers and other well-meaning Nigerians to advise government to listen to labour and lessen the suffering across the country.

“This nation can work for all of us. This nation can be made beautiful but good things do not just happen; they are worked out. Liberty is not a ripe fruit that falls to the ground on its own accord. With our hands joined together as the owners of Nigeria, in truth and one heart, we can work for our freedom. Let us awaken this giant and make it work for us,” the NLC said in an emotional tone.

This came as it was learnt that the Federal Government is expected to meet with labour leaders today in Abuja in an effort to avert the planned strike beginning from October 3.

In an independent anniversary massage titled Nigeria: ‘The travails of a mismanaged giant’, NLC President, Comrade Joe Ajaero, said the struggle from October 3 is for Nigeria to rise and shine once more as a beacon of hope and prosperity for all its citizens.

Ajaero noted that Nigeria, with all its flaws at conception, possesses a great potential to be amongst the best economies of the world.

“As we mark this Independence Day, let us do so with a renewed sense of purpose. Let us acknowledge our past, confront our present challenges, and collectively work towards a brighter future for Nigeria,” he stated.

“Together, we can reclaim the greatness that has eluded us for too long. It is time for Nigeria to rise and shine once more as a beacon of hope and prosperity for all its citizens. Remember, when we stand as one refusing to be divided, we will triumph. We call on all Nigerians to join us on the 3rd day of October around Nigeria to begin our march to freedom through the indefinite nationwide strike.

”To this end, the Nigeria Labour Congress beckons on all of us to join hands from all parts of the nation; the North, the East, the West and the South to build the needed coalition to make our nation truly an independent nation.

“As we celebrate Nigeria’s 63rd independence anniversary, it is important that we drew our attention to the fact that this nation was once a great nation filled with great hope inspired by great leaders until inept and corrupt leaders took over the helms of affairs and ran the country aground. The crisis of leadership is truly the crisis of our national development.

Mismanagement

“The continued mismanagement of our resources has made it difficult for us a nation and as a people to make sustainable progress rather, we have continued to march backwards with every preceding year looking worse than the previous one.

“Regrettably, the decades that followed were marked by a series of missteps, mismanagement, and missed opportunities. The erosion of ethical governance, rampant corruption, and political instability became defining features of our nation. Instead of harnessing our potential for the collective good, our leaders often pursued personal interests, leaving the masses to grapple with the consequences.

”There is no other way to explain the fact that about 43 years ago, Nigeria had a vibrant Airline called the Nigeria Airways with a large fleet of Aircraft flying to several parts of the globe and owning large properties which spans almost half of Ikeja GRA and in London and capital cities of Europe. We had a national Shipping line that had in its fleet several Vessels which competed favourably with other shipping lines all over the world.

“Yet, as a nation, we have managed to deliberately become a nation with neither a national Airline nor a national shipping line. We became a nation that derives happiness in making a mockery of ourselves as was typified by the Nigeria Air debacle where we had to fake the ownership of an Airline by shamelessly borrowing and repainting an Aircraft from Ethiopian Airline.

“This period of independence must serve as a time when all of us have to seriously seek to question ourselves and thoroughly re-examine our actions as a people and as a nation.

“We have to soberly reflect on why we have moved from a once prosperous nation to become a country that is the poverty capital of the world with over 133million multi-dimensionally poor people. This number has since increased after the hike in the price of petrol (PMS) by His Excellency Senator Bola Ahmed Tinubu.

“It is indeed an opportunity to find how we have moved to a nation that had a refinery that was operational in the 1960s which grew into another three refineries in the 1980s but which have been deliberately made obsolete by those we have entrusted the leadership of our nation.

”Nigerians must seek to find out why we have become a nation that must import a product which can easily be refined in our nation and why the conscious sabotage of our economy by those who occupy the helm of affairs in our country? We must make conscious effort at finding out what the phantom called fuel subsidy is, how much was it worth, who was receiving the monies claimed to have been spent and why the obvious lies when the Direct Sales and Direct Purchase (DSDP) agreement was the framework for the import and distribution of products in Nigeria?

Bastardisation of Naira

“Also of great importance is the willful bastardisation of the Naira and the attendant Dollarisation of the economy by the nation’s leaders. We need to find out whether truly a genuine foreign exchange market exists in its true sense in Nigeria. Why would the value of the nation’s currency continue a free fall when the value of accruals from crude is rising? What magic has made it difficult for the value of the Naira to remain stable against the Dollar especially when the Dollar is being pummeled all over the world?

”Workers all over Nigeria would want to find out why almost all the privatized entities were sold at a give away price to the so-called investors? Why is it that most of them have either been stripped and scrapped and no longer operational? Who are the real buyers of these entities? We will want to find out who bought the GENCOS and DISCOs, who bought the Ikot – Abasi Aluminium Smelter company.

Why it is no longer producing but has been shut down? Nigerians deserve to know and we must ask this question: what is going on here?

”This Independence Day celebration should allow us to ask those who are leading us why they have refused to fund public Universities appropriately and have instead decided to establish and own private universities? We may wish to know why they have turned Nigeria from a country where foreigners took pride in coming for education to a country where majority of the citizens go abroad to obtain quality tertiary education. We would want to know why the elites have managed to price education out of the reach of the poor.

”It is also an opportunity for Nigerian workers to ask our leaders why our hospitals have been turned into places to go and die instead of places to go and be healed? We would want to find out why our healthcare system that used to boast of the patronage of influential individuals and families from all over the world have suddenly become anathema both to foreigners and the Nigerian rich? We want to find out why the rich throng abroad to treat minor ailments instead of making use of our health facilities?

”We want to find out what happened to the Ships in the defunct Nigeria Shipping line and what happened to the Aircraft and properties of Nigeria Airways that scattered all over the world. Who acquired them and at how much and where is the money from their acquisition? It will also be interesting to find out who acquired the Steel companies and why none of them is producing steel today?

”Much more, Nigerian workers will want to find out why it has become difficult for an army that fought the Civil war and won, fought in Lebanon, Sierra Leone and in Liberia to defeat the Boko Haram insurgents? We want to find out whether it is a deliberate tool to keep Nigeria in perpetual crisis.

”One of the most painful aspects of Nigeria’s journey has been the economic struggles faced by the majority of our citizens. Despite being blessed with abundant natural resources, poverty and unemployment have become entrenched in our society. The promise of prosperity for all remains elusive, as a significant portion of our population continues to live in abject poverty.

“Moreover, social disparities have widened, with a yawning gap between the privileged few and the marginalized many. Access to quality healthcare, education, and basic infrastructure remains a distant dream for millions of Nigerians. This inequality not only undermines our social fabric but also hampers our collective progress.”
VANGUARD

News

BREAKING: Renowned Businessman, Aminu Dantata, Is Dead

Published

53 minutes ago

June 28, 2025

Editor

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.

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.

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.”

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.

News

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

Published

10 hours ago

June 27, 2025

Editor

…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.

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.

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.

“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.

News

Things To Know About Nigeria’s New Tax Laws

Published

11 hours ago

June 27, 2025

Editor

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.

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.

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.

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.

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.

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

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

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:

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.

Charitable, educational, and religious organisations:

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.

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.

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

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.

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)