Voice of Emancipation
Voice of Emancipation: Nigeria’s Stealth Tax on its Diaspora
Published
2 years agoon
By
Eric
By Kayode Emola
When the previous Buhari administration imposed a levy on monies received in our account in Nigeria, many people would have thought it was just a small amount that could be overlooked. Little did we know that this would be a new avenue for the government of Nigeria to impose more levies and taxes on its citizens both at home and in the diaspora who operate a bank account in Nigeria.
Just recently this week, the Central Bank of Nigeria (CBN) imposed another levy on bank users in Nigeria dubbed cybersecurity levy on all transfers into any bank in Nigeria. The question is, what on earth has come on the Nigerian government? That has resulted in using the Nigerian banks as a means of stalking its population for one form of revenue or the other.
The same population are paying stamp duty on any money received in their accounts despite no evidence of goods and services exchanged other than the transfer of funds from one bank account to another. Other charges include the Nigerian Inter-Bank Settlement system (NIBSS) charge, Value Added Tax (VAT), maintenance fee and SMS charges. Yet again, there is this new levy that goes to the Office of the National Security Adviser. This is on top of all the heavy budget made annually for security that goes down the drain of the various state government coffers.
The worst of all this is that, if you ever fall a victim of financial crime as a customer of the Nigeria bank, there is little to no help in recovering your lost funds. One could go to the bank branches for days un-end without refund. So, it is not clear what this new levy on cybersecurity aims to tackle in our security architecture.
Simply put, the Nigerian government has failed in its primary duty, which is to protect the lives and property of its citizen. It has now resulted in yet another sham program of extorting money from the poor citizens who have nothing left to give to the government order than their own very existence.
We all know that at least 50 percent of the population living in Nigeria especially those in the villages and many in the core North are unbanked. Where does that leave them in this grand scheme of things from the federal government of Nigeria. Will they be exempted from this tax? If not, how is it fair that a section of the population should be levied and the others that decides not to are left out. Afterall, the data to be protected such as people’s identity covers all Nigerians.
With all the talk of a cashless society, this policy is one that will surely make the people transact less through the banks and result in the traditional hand to hand cash transaction. It appears that the government wants to take all our hard-earned money through taxes by any means necessary. If the government will continue to charge people arbitrary for using the banks to do their daily transaction, then they will discourage people from nearing the banks and force more pressure on the naira in circulation.
It seems this heavy tariff is meant to punish the majority of us in the diaspora who help to prop up the Nigerian economy all in the name of helping our loved ones back home. Before 2005, the diaspora remittance was less than $1bn. However, just last year alone, the Nigerian economy was boosted to the tune of $25bn by the diaspora remittance. Which makes me believe that the Nigeria economy is living off the back of its diaspora majority of whom are the Yoruba people.
The Nigerian government revenue forecast for 2023 was pegged at ₦9.73 trillion (equi $8.45bn) and an expenditure budget of ₦20.51 trillion (equi $18.65bn) was proposed by the Buhari administration leaving the country with a deficit of ₦10.78 trillion (equi $9.8bn). With this sums it shows that the Nigeria government is living far beyond its means and would one way or another seek to generate the deficit from our diasporan remittance.
The more we continue to send our hard-earned money, the more tax the Nigerian government will continue to impose on us all in the name of combatting security threat. Except we stand up now to stamp it out once and for all. The Nigerian government is definitely not ready to fight any cybercrime as they claim as they still carry out many governments work using public domain emails like google and yahoo. That to me seems like a misplaced priority in the face of heavy stealing by government officials.
Therefore, the most effective way to fight this criminality by the Nigerian government is to permanently remove our Yoruba nation from this unworkable union called Nigeria. The interim actions we can take will be to stop diasporan remittance to Nigeria in protest for one month so that the government can see that they can’t keep imposing levy on our hard-earned money arbitrarily.
I believe that if Nigeria needs to generate money to fight cyber insecurity, it should start with a full probe of all the immediate past governors, senators, and any high- and low-ranking politician that has access to the national treasury. They should look through all their transactions; both personal and public money to trace any abnormal payments. If they do this, they may be able to trace all the funds for public infrastructure such as roads, schools, hospitals and so on, that have been diverted into personal use and sent to safe havens.
Maybe a recovery of those funds would help the Nigeria government generate a lot of funds to fight the cyber insecurity threat. Afterall, we are yet to account for the over ₦80 billion the former Governor of Kogi State Yahaya Bello is alleged to have stolen. The former CBN governor Emefiele is still in detention for huge amount of money himself and his cronies stole or diverted from the treasury and I am sure there are many more like these broad day criminals turned politicians.
If the Nigerian government must make any headway, the immunity clause must be removed from the constitution and any serving government or public official found wanting of corruption should be made to face the wrath of the law rather than hiding under the shadow of immunity. If not, the Nigerian government will continue to go round in circles about how to generate revenue for its heavy budget of deceit.
Any Yoruba person still deceiving themselves that there is a future in Nigeria is only doing a disservice to our Yoruba nation. Many of us who find it difficult to contribute even a token as low as $1/month to fight for our self-determination will find themselves paying this and many more stealth taxes in their thousands of dollars to the Nigerian government they so desire to retain.
Nigeria is not going to change; it will continue to ask for more even though it has nothing else other than pain and grief to offer our loved ones back home. It is we who need to understand that the time has come for us to exit this failed union as quickly as possible.
The Yoruba has no business in Nigeria and the earlier we exit, the better it will be for us. Many of us are running abroad for safe haven and living in fool’s paradise of comfort. We forget that without a homeland, even the outsider we are currently squatting with will not respect us.
Therefore, it is pertinent that we strive to push ourselves forward so that exit this mess in order to create for ourselves a future and a hope. Many of our kinsmen and women at home are in serious pain and agony. They want a way of escape from poverty, and the only way we can help them is by helping to birth our independent Yoruba nation; one where freedom and justice shall reign.
I urge us all to join the movement for establishing our independent sovereign Yoruba nation. It is the only vehicle that is capable of bringing about the desired result. It is therefore not wise to ignore the boat that guarantees us safety and a brighter future for the Yoruba person rather than continue in this failed experiment called Nigeria.
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Voice of Emancipation
Voice of Emancipation: Five Years and Still Going Strong
Published
1 month agoon
May 24, 2026By
Eric
By Kayode Emola
When Voice of Emancipation started in May 2021, little did I know it would become many Yoruba people’s favourite weekly column. Today, it has surpassed every expectation and continues to thrive beyond our Yoruba circle of self-determination community. One would imagine what stemmed from a casual discussion with the big boss himself Bob D (Chief Dele Momodu) about how Yoruba can leave Nigeria without bloodshed leading to a weekly column. I wanted a platform to propagate our self-determination message to millions of our people on a regular basis and “The Boss Newspaper” came in handy providing for us a platform to share our struggles, message and experiences.
When I asked Bob D about how we can use the media to reach out to our people, his remarks were very encouraging, and his platform was readily available. In his own word, he said “in that case, speak with my editor and he will arrange something for you. That was it, without charging us a penny, Bob D gave us his platform to send out our message to the public. This week, that journey has clocked 5 years and still going strong.
I remember that first meeting with the editor Eric, who himself is a seasoned journalist with lots of experience and many years in the business. Eric had worked for several media houses in Nigeria before joining “The Boss Newspaper” and I remember telling him, I had never written for a newspaper before and had no experience whatsoever or what I was supposed to be doing. Together, Eric and I came up with the theme, “Voice of Emancipation” after some brainstorming session as I was wanting to highlight the continued suffering of the black/brown person on the face of the earth dating back to 1526 when slavery officially started on a mass scale on the African continent.
For 500 years, the average African has been subjected to poverty, pain and suffering with no way of escape. We are looked down upon anywhere in the world despite our enormous contribution to humanity. Our people were plundered in the past, taken as slavery to mostly South and North America and once that period ended, our land was subjected to colonialisation in the name of European protection. One which we have not recovered from and may not fully recover due to the level of European oppressive structures that was left behind.
Many of the people we now share geographical boundaries with because of the European colonisation of Africa are not our kith and kin, thereby causing so many problems for Africa nations. Even in the Holy Bible which the colonial masters claimed they were relying upon to bring civilisation to Africa stated emphatically that God separated the people of Babel by their languages.
However, these Europeans in their own wisdom and foolishness thought it wise to merge people of different languages and cultures together and to impose on the local population their own lingua franca as the means of communication. One of the primary causes of many conflicts across Africa today, and especially in Nigeria where terrorism has now reached a global crescendo.
When in 2023, a Yoruba man in the person of Bola Tinubu became the President of Nigeria, there was the thought of remodelling the column by my editor Eric. However, I knew that “Voice of Emancipation” is bigger than the political ambition of one man. Considering that hundreds of millions of people if not nearly billions of Africans are trapped in these European colonial plantations called countries in Africa and are still looking for a way of escape in the contraption, they now find themselves.
Therefore, the escape from this perpetual slavery that is forcing millions of our African youths into dangerous journeys through the Sahara Desert for a better life in Europe needs to be rooted in the constant reminder of the plight of the African person. As many of our young people now see Africa as a death trap which has nothing to offer them despite all the natural resources and beautiful climatic conditions it possesses. So, I do hope and pray that this heavy yoke on the African continent will be broken by our generation, and our people can experience real emancipation in this world.
Before I sign off for today, I want to use this opportunity to personally thank everyone who has made this journey possible and those who are still working in the background week in week out. My precious wife, Bethan, who scrutinises many of the sentences in these weekly articles to make sure it is factually correct and my wonderful editor Eric who is always patient even when my article gets to his desk very late. I do hope that the celebration will be worthwhile later in the year.
I would also like to thank you the wonderful readers of Voice of Emancipation for your comments, encouragements and support throughout this journey. I can assure you that as long as God gives me the strength, I will continue to fight on the side of the oppressed peoples of Africa, and I thank God for giving me the opportunity to do so.
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Voice of Emancipation
Voice of Emancipation: When Leaders Can’t Let Go
Published
1 month agoon
May 17, 2026By
Eric
By Kayode Emola
In the world we live in today, many leaders cling to power as though it is their birthright. In turn, this affects their sense of judgment, thereby undoing years of hard work and personal sacrifice. In the end, it is the masses and several others who will suffer the consequences of that action.
Last week, the UK had local elections in England and parliamentary elections to the devolved governments of Scotland and Wales. If the results were anything to go by, it was a complete disaster for the central Labour government that lost over 1,500 council seats in England and the Welsh Labour government in Wales.
As a matter of fact, the First Minister of Wales, Eluned Morgan, lost her own seat and the ability to return to the Welsh Senedd. The first of its kind in any government in the United Kingdom. Yet, all these events did not faze the Prime Minister Sir Kier Starmer, into action, other than a mere press conference.
Even though he consistently said he took responsibility for the bad turn of events, he has fallen short of reading the handwriting on the wall. Even in Biblical times, we were told that the great King Nebuchadnezzar read the handwriting on the wall and couldn’t sleep until it was interpreted and remedial actions taken.
It seems that this is not the case for many modern leaders of our time. They cling to power as though it is their birthright, and power revolves around them. I know many good councillors in England who lost their seats and many good people who lost their seats in Wales for no fault of their own.
However, when political leaders don’t learn to do the right thing when it’s time for them to leave the stage, then disaster is bound to strike one way or another. Sir Kier Starmer had even tried to postpone some council elections before he was threatened with court action and made a U-turn. This must show desperation in leaders who believe they have a point to prove and still haven’t completed their political assignments.
Which brings me to what the Yoruba nation would have looked like if we had taken our independence out of Nigeria when Ghana took theirs in 1957. The Yoruba government of Chief Obafemi Awolowo scored first in many areas of development, such that we even had a TV station before France.
The Yoruba government of Western Nigeria gave every child free education that even benefited those who were not originally from Yorubaland. The Yoruba government had an agricultural program that encouraged farmers and made sure every cocoa brought to the Cocoa House was duly accounted for and adequately paid for.
All these great achievements of the 1950s were thrown away for a greater project of building the Nigerian dream. One which will continue to bite the Yoruba people hard into the future unless we decide to sever all ties with anything that has to do with Nigeria.
For all intents and purposes, most Yoruba people do not know that the pain and suffering we are currently experiencing in Nigeria is artificial. Many young Yoruba who live in the homeland have never experienced good governance in their lifetime; therefore, they wouldn’t know one if they saw it.
Fela sang about bad governance a lot in his songs, but his greatest frustration wasn’t with the government, some of the time, but with the people. Even though his song titled “My People Are Useless” was aimed at the government that had previously referred to Nigerians as undisciplined and useless people. Fela knew he was a lone voice fighting for the good of his people, who would not raise a finger when he was in harm’s way.
It would be good for leaders to know when to call it a day. This will save their country and its people from unnecessary hardship that may befall them because of their action. If Sir Kier had seen the handwriting on the wall before the election and knew what was coming, I’m sure he would have chosen a more honourable path.
His claim that the British people gave him a clear mandate of 5 years is just a ruse to continue to perpetuate himself in office. As it stands, if he has any goodwill for his political party, this is the best time to quit the stage and let another person take the reins; if not, the Labour Party as we know it in Britain will become one of the minority parties and nothing to reckon with in the near future.
I pray and hope that when our Yoruba nation eventually comes, God will raise for us leaders who will do their best for the country. They would be ready to call it a day when the time is ripe and not behave like many African heads of government, where the only place they are taking themselves and their country to the grave. My prayer is for God to raise men like Nelson Madiba Mandela who will see power as a privilege and not a birthright.
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Voice of Emancipation
Voice of Emancipation: The World Will Never Remain the Same
Published
2 months agoon
May 3, 2026By
Eric
By Kayode Emola
Over 2 months into the US/Iran war, the effect is beginning to unravel before our very eyes. Anyone observant of the world’s affairs and the effect of globalisation knows that it’s going to take a while before the world’s economy goes back to where it was before the war.
Unfortunately for mankind, whatever goes up in our world economy finds it very difficult to come down, irrespective of where we find ourselves on this planet. It is as though the forces of nature are constantly waging war against our pockets.
Take, for instance, the market of “just in time” we have become accustomed to. This has made the world’s economy into a global village where goods and services are readily available with the click of a button. That economy has been tested very hard by the US/Iran war, and it is about to crack. What happens from here will very much depend on the direction the negotiations between the US and Iran take.
The prices of commodities are beginning to skyrocket even though there hasn’t been an active military campaign since April 7. The damage from the month-long continuous bombardment is leaving countries around the world reeling from the effects of the war.
Many airlines across the globe are now cutting flights drastically, like in the case of Lufthansa, which cut down over 20,000 flights in April. Or Spirit airline that practical shut its door for good yesterday in the US. These are just a few direct consequences of the war between the US and Iran. The indirect consequences down the line may not fully unravel until many months later.
Once travel is disrupted, the movement of goods and people from one location to another becomes problematic. This, in effect, affects the prices of everyday supplies that we need to function. Eventually hurting every one of us in one way or another.
The funniest part of this whole situation is that many people in Africa are unaware of what is going on. Some more than others are feeling the pain because their essential commodities have gone up in price.
The most important thing is for countries in Africa that are blessed with good vegetation, arable land, and natural resources to begin to utilise them for their own benefit. This will mean going the extra mile in ensuring that external factors like the war in Iran don’t affect the prices of everyday goods.
As for us, our Yoruba people, the time is now to consolidate on what has been built by the Awolowo government in the 1950’s. We need to dust all the good works of that government and see how we can build something that would withstand unforeseen circumstances now and into the future. This is the only way we can shield ourselves from any external factors that we cannot influence.
At least, the Dangote refinery in Lagos is a blessing in disguise for the Yoruba people and the entire Nigeria at large. Were it not for that refinery, Nigeria would have been in total shambles right now, not least with an epileptic power supply. This is why the Yoruba nation must prioritise the production of its own goods and services that it consumes rather than the reliance on offshore markets or other countries.
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