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Voice of Emancipation

Voice of Emancipation: TIN: Another Exercise In Futility

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By Kayode Emola

The recent announcement by the Federal Government of Nigeria to link the Tax Identification Number (TIN) to an individual’s bank account, effective January 2026, is a misplaced priority. This shows that the Nigerian government is not considering a more effective way to generate revenue for the economy, thereby improving the lives of ordinary people on the street. Rather, it sets out schemes to marginalise people who are already disenfranchised.

There is nowhere in the world where your tax identity is linked to your bank account. Not even in the so-called developed countries do they ask you to produce your tax receipt or identity before you can operate a bank account. The government of Nigeria must adopt a global best practice when implementing policies to foster growth and development for the people, rather than making their lives more difficult.

In 2014, the government introduced the Bank Verification Number (BVN) to safeguard bank customers and to enhance the security of the banking system. This measure was put in place to ensure bank customers are who they say they are. I believe this should be the only requirement of the government for any citizen of the country to operate their bank account(s).

However, in 2020, the Federal government made it mandatory for every citizen to obtain a national identification number (NIN) to operate their bank account or acquire an international passport. This was in conjunction with the BVN introduced in 2014, when it felt as though the National Identity Management Commission (NIMC) established under Act No. 23 of 2007 was ineffective.

Asking people to obtain a Tax Identification Number for the purposes of operating their bank account is an aberration and an intimidation of the citizens whose rights continue to be trampled by the men in power. It is just an exercise in futility that will not generate more revenue for the coffers of the government.

Even if it does generate any revenue, it will be so marginal that there will be no real benefit to the ordinary person on the street. I have never seen anywhere in the world where Tax identity is linked to banking operations. Not least when we already have NIN and BVN that were set up specifically for such a purpose.

I am not saying registering for tax is wrong; however, if a country like Nigeria, whose diaspora population is propping up the Nigerian economy enormously with remittances back home, is made to choose between registering for tax in Nigeria or going without a bank account, I’m sure they would choose the latter. What such a policy will achieve is to further push them away. I don’t believe the diaspora community will be bothered about setting up tax affairs in Nigeria with this new policy.

Many Nigerians who live abroad are the backbone driving growth in the Nigerian economy. If the government were to implement this unnecessary policy, it would give them a reason to keep their money and not invest it in Nigeria.

Importantly, how can the government explain that a minor whose parents want to open an account for must first register for a TIN to operate a bank account? Is the minor going to be paying taxes even though they are not legally allowed to work? Is the policy not already failing the litmus test before it is put out to the public to implement?

What the government should have done is to make sure that the National Identification Number (NIN) already in place is linked to people’s taxes with the Inland Revenue. In that way, there is no duplication of information and effort. This would have saved a lot of time and effort if this TIN time-wasting exercise had been channelled into profitable ventures that will drive the economy forward.

Except if the government is hoping that this policy is another avenue to create something for the boys to keep them going. If not, there is no reason why it can’t think through the policy properly, rather than pushing through a policy that is bound to fail. I know for certain that many in the diaspora will never register for this tax rubbish, and do not care if their bank account is blocked or closed for whatever reason that the Nigerian government can find, except they have business in Nigeria already.

It is only those who live in Nigeria who, for the fear of intimidation, will go ahead to register for the TIN. I can bet that more than 70% of the people who will register for the TIN will not pay tax for the next 10 years, as they have no earning power to pay tax. How can the government tax what is not available? So, tying banking operations to TIN is not only foolish but counterproductive to the economy.

There must be adequate jobs for the people to do to earn a decent income to be able to pay tax. Merely forcing people to register for TIN does not translate into revenue generation for the government. It is just another irritating layer of bureaucracy to punish the poor people already wallowing in poverty.

Which is why the Yoruba people must understand that if the government succeeds in forcing our people to register to pay taxes through the TIN. The north will blatantly refuse to register, but we would have been foolish to pay more money into the government to continue to subsidise the north. A fruitless venture we have undertaken for over 100 years.

It is high time we cut ties with Nigeria to set up our Yoruba nation so that we can generate good jobs and decent wages for our people, so they can be proud to pay their fair share of taxes. Patching Nigeria and hoping that one president, governor, or politician will change the country is living in a fool’s paradise. We don’t have to dawdle in our decision to leave Nigeria. We must make haste whilst we can so that we can build a better future for our unborn children.

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Voice of Emancipation

Voice of Emancipation: Implications of President Trump’s Christmas Day Bombing

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By Kayode Emola

For the first time in 10 years, Christians in Nigeria celebrated the 2025 Christmas without experiencing attack on churches or Christian worshippers. Although the anxiety was there, and many churches were told not to open for gatherings around that period, it still felt as if something big would happen anyway.

Indeed, something big did happen and it was loud even to the deaf, but the consequences of that singular action may last for a lifetime. This time around, it was the terrorists’ themselves that were being attacked and not innocent people in the communities. Few days ago, President Trump stated in a TV interview with FOX News that the US had bomb Nigeria once and if necessary, there will be many bombs if Christians continues to be killed.

I do not believe that bomb alone can solve this problem, and if the US continues to throw bombs on Nigerian soil without truly delving into the root causes of insecurity in Nigeria, then the US would create a greater problem than they met. The problem of insecurity in Nigeria is not just banditry and terrorism on innocent villagers, it is an agelong jihad that has spread its wing into several aspect of the society.

For instance, the US army’s bombed terrorist’s hideout in Tangaza area of Sokoto state which is less than 50km to the Nigeria/Niger Republic porous border. What that could lead to is the terrorists gaining support from their brothers in Niger republic and other parts of the Sahelian countries to terrorise the villagers in those communities.

The second possibility is that the terrorists will start migrating southwards to finally conclude their jihadi conquest mission for the Caliphate. In either scenario, we Southerners who may have been shielded by the Rivers’ Niger and Benue may become vulnerable to frequent attacks.

The US Christmas day bombing of the Lakurawa vigilante group (now metamorphosed into a full-blown terrorist group) may give the group more sympathy among its people. This could therefore solidify their presence in the area granting them legitimacy they highly desire. They could use this newly acquired position to portray themselves as the protectors of the communities against government aggression, thereby controlling vast amounts of lands for themselves.

As for us Yoruba and other nationalities in Nigeria, this is the time to speak out loudly and clearly to the world without mincing words. Our political leaders have failed to do the needful by protecting the lives and properties of the people, therefore it is time for us to take decisive actions.

This is not the time to merry go-round about our security; it is the time to become resolute in our resolve to solve the insecurity problem once and for all. We like the Israelis faced multiple threats from the Iranian regime, Hamas group, Hezbollah and the Houthi government in Yemen.

The Israelis did not fold their hands hoping for the day God will come down to help them defeat their enemies. They took affirmative action in going after the terrorists’ groups that were after their lives and properties. With the decisive defeat of the Hamas group, the Hezbollah and the Iranian regime, Israel can now breathe to a sigh of relief for many years to come.

I urge our Yoruba people to begin to organise themselves into formidable groups that can repel this terrorists’ groups invading our lands. We need to understand that President Trump’s Christmas day bombing of Sokoto however good that it is, has opened a pandora box. We either get the job done once and for all or live the rest of our lives as a conquered slave if we do not act, God forbid.

This is the time for affirmative action just like the Israelis did following the Oct 7th, 2023, attack by Hamas. We need not think that the Christmas day bombing of the terrorists by the US and the promise of continuous bombing by President Trump will bring lasting solution especially if the US is not prepared to put boots on the ground to finish what they started.

The US will need to decide for themselves how they want to carry out their own campaign. However, if our government officials fail to protect the lives and properties of our people, then communities have a moral responsibility to start forming local vigilante groups that would defend their lands and livelihood. A word is enough for the wise.

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Voice of Emancipation: After Venezuela, Which Country is Next?

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By Kayode Emola

On 14th December 2025, I wrote in my weekly column of the Boss Newspaper that Nicolas Maduro is a goner; in case you missed that article, here is the link (https://thebossnewspapers.com/2025/12/14/voice-of-emancipation-nicolas-maduro-is-a-goner/) for a re-read. Exactly 3 weeks later, he’s in the custody of the Drug Enforcement Administration in New York.

For Nicolas Maduro, the US military presence in the Caribbean Sea felt like theatrics, and he even brandished a sword he intended to use in stopping the US war machines. However, when reality dawned on him, not even his heavily guarded presidential palace could save him.

There is no doubt that the actions of President Trump have created a lot of stir in the international community. Some have spoken in favour of his decisive actions, while others are in awe at what has just happened. The one thing I know is that after a few days, the dust will settle and everyone will move on.

However, if I were President Tinubu, I would begin to see the handwriting on the wall very clearly. The actions of the US in Venezuela should be seen by President Tinubu as a troubling sign of things to come. Likewise, the Ayatollah of Iran, who always thinks he can rule his people with impunity. The days of brutal dictatorship are over in so far as President Trump is concerned, especially when it comes to American interests.

Some people may see the events in Venezuela as a sign that the US may or may not come to Nigeria. Let me burst their bubble by saying the US is coming to Nigeria, and they are coming with fire and fury.

Why did I know that the US is coming to Nigeria? It is not because I engage with this present US administration, but because I know that the radical Islamic terrorists terrorising Nigeria are hellbent on creating unspeakable havoc. Just 5 days ago, on 31st December 2025, Boko Haram terrorists invaded the villages of Zah, Mubang Yadul, and Kijing, all in Hong Local Government Area of Adamawa state, killing at least 12 persons.

Their message was clear to the villagers: convert to Islam or get ready to die. In a country like Nigeria, where persecution of Christians in Northern Nigeria has become a norm, I don’t believe the US will stand idly by and watch.

In the same vein, terrorists invaded the Owo Local Government of Ondo State, Southwestern Nigeria and burnt down a police station with no repercussions. It is not the burning of the Police Station in Owo local government or the killing of villagers in Hong local government that bothers me the most. It is the fact that there was no security, either from the police or the military, that could repel these terrorists during their attack or even shortly after the attack had taken place.

It simply shows that there is a breakdown of law and order in Nigeria if terrorists can just run riot as they wish, destroying lives and properties, and the government seems helpless. The connotation that the Nigerian government cannot fight insecurity is a misleading one. Nigeria has all it takes to fight terrorism; what it lacks is the appetite to fight insecurity.

Tinubu had better get a grip on the situation before he ends up like Nicolas Maduro in chains to the US to face criminal charges. If he does not have the appetite to fight insecurity, he had better leave the stage quietly while there is still the opportunity. Nicolas Maduro was offered a safe passage to any country of his choice, but he refused; now he is going to face the full wrath of the American justice system.

President Tinubu has been warned severally by the US government to get a grip on insecurity in Nigeria; however, he still treats the situation of terrorism with kid gloves. If he thinks that President Trump forgot about Nigeria, then he should think again. The US President only took a break to deal with the situation in Venezuela.

Now that the situation in Venezuela has been fully dealt with and under control, Nigeria is the next stop for President Trump. Except if things escalate in Iran, in which case President Trump will quickly remove the Ayatollahs and then return to his original plans of dealing with the situation in Nigeria.

Nigeria is a very strategic asset to the US, and they cannot afford to let it slip away from their grip. The US has written countless documents on the importance of Nigeria to their foreign policy and global influence. The matter is of national importance to the US, and they are not going to keep quiet about it.

As for us, the Yoruba people, the choice is simple: get the hell out of Nigeria before the ship sinks or sink with Nigeria when the Americans come. The obvious choice is simple: get out while we can. Our docility is fuelling the government’s incompetence, as our silence is provoking the government to inaction.

We are afraid to speak out and to take the necessary actions for our liberation because of our own foolishness. We had hoped that things under President Tinubu would improve; however, it has only gotten worse. The only option for us now is to get out of Nigeria; otherwise, we should be ready to be colonised by the US. If you doubt it, watch how the US is going to govern Venezuela as its 51st State, which will give it a foothold in South America.

Trump has already said the US will govern Venezuela, and he’s not backing down. He is going to appoint a sole administrator who will report directly to him. How long that arrangement will last is anyone’s guess.

Therefore, if we don’t want to go down with Nigeria and with President Tinubu, Yoruba and every indigenous nation in Nigeria should do the needful by demanding their self-determination. That is the only true way that we can escape the wrath of the US that is coming. A stitch in time saves nine; let us speak out and act now to save ourselves the embarrassment of another colonisation.

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Voice of Emancipation: Tinubu’s Tax Regime

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By Kayode Emola

As we move closer to 2026, one thing that will be on the minds of many Nigerians is the new tax regime of President Tinubu coming into effect on 1st January 2026. Many people are wondering how this is going to affect their personal finances; is the government going to come into their bank accounts to seize their hard-earned money, especially if they cannot prove the source?

Some are wondering, haven’t we already been taxed enough? What else are they looking for that they haven’t already got? I have deliberately stayed away from this topic for some time, but I believe it is prudent to shed some light on what is really happening, especially as its implementation is imminent.

Tinubu has travelled to many countries and has seen how many developed economies work. Most countries survive mainly on taxation, but taxes without accountability would not bring the desired change or development in the country. So, I believe that the new tax regime brings a tangible positive impact on the people of the country, as claimed by the government.

Let’s even ask ourselves what the term tax refers to. Tax is a mandatory financial charge imposed by the government of a country on individuals’ income, companies’ profits, or the cost of goods and services.

If tax is the mandatory financial charge on an individual’s income or a company’s profit, etc, how come the Nigerian government is just waking up to realise that Nigerians are not properly taxed? First, many Nigerians are being taxed through their employment, and many big businesses are also being taxed. The only problem with Nigeria is that we do things haphazardly, which makes for ineffective results.

Tinubu’s proposed tax regime is going to experience a lot of hiccups and not necessarily achieve the desired results it was intended to achieve. Not because the government does not have genuine intentions but because the Nigerian government is working in reverse when it comes to taxation.

In many progressive countries, there is less bureaucracy in setting up a company. Once your company is set up, you are automatically given a unique tax reference number, which you can use to open a bank account and start transactions. When we are talking about progressive countries, I don’t mean the likes of the USA, Canada, UK, Norway etc. I am talking about countries in Africa, like Rwanda, where it takes just about 6 hours to open a company and get set up for business.

In fact, you can open a company on your way to Rwanda, and your company will be ready to go before you get there. This little bottleneck makes it easier to get set up in a place like Rwanda and many other progressive countries compared to a country like Nigeria, where it takes forever to set up a company. Even after opening your company in Nigeria, it could take you forever to get set up for banking transactions, let alone getting your business.

The bottom line here is that it is not that Nigerians don’t want to pay tax but the bureaucracy in setting up a business makes it difficult to get set up and registered for tax purposes. For a country that has less people in paid employment, the government would need to make it easier for people to set up a company so that people can actually run their business through a limited company for proper accountability.

Secondly, over 70 percent of Nigerians live in abject poverty, so when the government is talking about taxing the people, it feels more like asking the people to make straws with their hands. How can you tax someone who literally don’t have anything to give? The majority of the people live on less than $2/day, and most of them don’t even have a bank account. How then does the government expect to tax them?

In 2021, the government imposed various forms of charges on personal and business bank accounts. The aim was to generate revenue for the government, and it was hailed as a panacea for development as the government had hoped to raise a lot of revenue this way. Fast forward 5 years, and the government is planning to abolish it and introduce direct taxation instead, thinking it can raise more money.

The truth is that most developed countries like Britain, which raises over 70 percent of its income through taxation, do so through the pay-as-you-earn (PAYE) system. This is the most effective way to collect taxes for the state and generate the needed revenue for development. In the case of Nigeria, many people are not in paid employment; therefore, I don’t think the government will generate as much as it has hoped for.

This means that the newly introduced tax regime is just another government exercise and whether it succeed or fails remains to be seen, depending on how it is implemented. How can the pepper seller or the groundnut seller in the market pay their tax. These small traders are merely survivors who live on their daily income and have nothing left for their day-to-day essentials.

For those who are confused about the Nigeria tax reform, I will advise them to get for themselves the gazetted copy through this link C:\Users\Computer Section\Deskt. I believe most of the questions regarding the Nigeria Tax Act 2025 can be found here.

As we move forward to January 2026, I will use this opportunity to wish our people a happy new year and hope that the Tinubu tax regime makes their lives better. I sincerely hope that the government is not, in all sincerity, trying to introduce stealth taxes on our already impoverished people.

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