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Voice of Emancipation

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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Voice of Emancipation

Voice of Emancipation: Lessons from the Iran/USA War

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By Kayode Emola

The USA/Iran war is not going as planned, and the world is currently witnessing a stalemate. A stalemate that is bad not just for those who are directly involved but for the entire global economy. Every nation is holding its breath to see what happens with the peace talks being brokered by Pakistan.

While the US and Israel have succeeded in setting Iran back so many years in their weapons and nuclear program development. The Strait of Hormuz has handed Iran a serious lifeline. A lifeline that far surpasses any damage that the joint US-Israeli bombings may have inflicted.

Iran knows that it cannot withstand the US in an open combat. However, it knows that attacking US interests in the Gulf States will give it enormous leverage. Leverage that it can use to bargain at the negotiating table. Coupled with that, the geography of the Strait of Hormuz handed Iran an added layer of advantage, thereby multiplying its immense opportunity to reclaim its destiny.

Before February 28, 2026, when the first bombs started landing in Iran, the US held all the cards at the negotiating table. Once the table has been destroyed and no off ramp available, an exit becomes near impossible, hence the impasse that we all are witnessing.

As things stand, we don’t even know who oversees decision-making in Iran or who the decision makers are. Iran has learnt from Hezbollah’s mistake of announcing a new leader shortly after Hassan Nasrallah was killed by the Israeli forces in September 2024.

Once they announced Mojtaba Khamenei as the new Supreme Leader, Iran made sure he was not put before the public glare to keep him away from harm’s way. Fuelling speculations that he was badly injured during the attack on his father’s compound.

Whether Mojtaba Khamenei is dead or alive or in a coma, as some have suggested, the decentralised system of command built by the late Ayatollah Ali Khamenei has helped Iran withstand the firepower of the US and Israel. Iranians can come out of this war with their head held high that they have fought a good fight. Despite all the beatings they’ve received, they refuse to capitulate in the face of adversity.

If Iran, which is under severe sanctions and a broken economy, can withstand the firepower of the United States of America, then I believe the Nigerian government needs to bury its head in shame in their fight against insurgency. As it stands, we don’t even know which agency is responsible for the fight against the terrorists troubling the country.

The Nigerian Police Force (NPF) is not properly trained to combat terrorists and kidnappers in the forests. The Nigerian army is also not trained to fight insurgents that have no base from which they operate. Hence, the difficulties in putting this ugly charade to an end. Also, the corruption surrounding mismanaged funds meant to tackle insecurity shows that the country is not geared towards keeping its citizens safe.

Therefore, the over 200 million Nigerians who live in fear daily must realise that there is no one out there looking out for their safety. The Nigerian politicians are more interested in looting the treasury than in saving the lives and livelihood of the citizens. So, if we, the indigenous nationalities that make up Nigeria, continue to think we can remain as a single country with all this mayhem going on, then we must be mistaken.

Our Yoruba people must realise that we are only lucky that no Southwest state was mentioned in the travel advisory given out this week by the US. That is not to say Yorubaland is safer than anywhere in Nigeria. As any attack anywhere in Nigeria affects every Nigerian equally. We must see an attack in Jos, Maiduguri, Ebonyi, Kwara, Kogi, Ogun, Ondo etc as an attack on the Yoruba man.

We must use the ongoing mayhem as our collective starting point to start building a lasting security architecture for the Yoruba defence. One that can withstand both internal and external pressures. We must insist on building systems that will outlast an individual and even an entire generation if the Yoruba must continue to exist beyond the Nigeria that we know today.

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Voice of Emancipation: Jos Killings: Another Harsh Reality of Nigeria’s Insecurity

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By Kayode Emola

Just when we thought the Nigerian military was beginning to gain the upper hand in the country’s security situation, this Palm Sunday saw the terrorists strike a community in Jos with a heavy blow. The magnitude of the attack this time left scores of innocent people dead.

Many people have tagged this as political rather than religious. Whether that is the case, the fact remains that innocent people were killed for no fault of their own in a country they called home, a country they hoped would protect them from incidents such as this.

Sadly, their stories have ended painfully. Their memories and the pain of their passing will remain in the hearts of their loved ones, carrying this grief for the rest of their earthly lives. What more must Nigerians give to their government to be protected from non-state security actors? Are these terrorists too difficult to locate? Or is the Nigerian government unable to muster the courage to go after these lunatics?

At least this time, the President of Nigeria visited the families of the victims to condole with them. However, condolences alone should not be all the Nigerian government has to offer bereaved families.

The government owes a duty to go after the perpetrators of this heinous crime and bring them to justice. Anything short of this would appear to be tantamount to the government running scared from addressing the security situation in the country.

Whether those killed were Christians or not, I believe that the mere fact that the terrorists carried out their act on Palm Sunday carries great significance. Whilst US President Donald Trump has urged the Nigerian government to address the ongoing Christian genocide, the terrorists are using the significance of attacking on Palm Sunday to demonstrate that they do not care what the US President says or does. Nigeria is their hunting ground, and they will kill the innocent citizens for sport, just because they can.

To the eminent US Congressmen such as Riley Moore, Ted Cruz, and others who are champions of Christians around the world and Nigeria in particular, I believe this will serve as a reminder that more needs to be done. Merely shaking the hands of the Nigerian political officials and having their photos taken will not solve the insecurity situation in Nigeria.

Nigeria is not just bad; it is a society that is rotten to its very core. The Bible says in Psalm 11 verse 3, “If the foundation be destroyed, what can the righteous do?” So if anyone anywhere thinks that Nigeria can be fixed or repaired, then they are the most miserable of men.

The only solution is a total overhaul of the country, yet the dynamics of ethnicity and religion within the country will not allow this. Over 300 tribes were forcibly fused together by a foreign colonial master – Britain – to serve only the benefit and pleasure of the British government, which controlled the lives and destiny of the colonies.

Now, the good and innocent people of Nigeria will continue to pay with their lives the price for the self-serving and fallacious actions of the historic British government, because no one in the world is ready to listen to our plight. Conservative estimates are that over 600 people have been killed in Nigeria this year alone by terrorists – Fulani, Boko Haram, and others – a number that one might normally expect to see reported from a war zone, rather than a country allegedly at peace.

Yet, our stories do not make the international headlines because, on the world stage, Nigerian lives don’t matter. Contrarily, if Nigeria were to be situated in Europe, I am sure that the country’s turmoil would be reported on expansively and would horrify all who heard of it, whether local or foreign.

This is why the Yoruba and other ethnic nationalities are calling for a peaceful separation. We believe at least six new independent nations should be formed from what is currently one dysfunctional one. Surely, if Nigeria were to be dissolved today, just like the Yugoslavia of 1991-1992, into six new independent nations, insecurity would be a thing of the past.

The break-up of Nigeria into the Yoruba nation in the Southwest, Biafra nation in the east, Ijaw Nation in the south, Savanna nation in the Middlebelt, Hausa nation in the northwest, and the Kanuri nation in the Northeast will make the lives of the indigenous people safer. It will also be a cost-effective way of tackling the long-lasting security challenges that Nigeria has been facing.

However, the US government’s approach to assisting the Nigerian government in tackling insecurity, that is, one of providing military hardware and expertise, is unhelpful. To continue in this approach is to do the Nigerian people a disserve that will only perpetuate events such as that of 29th March 2026.

I know that salvation will come one way or another. I just hope that the US government –which claims to be the champion of democracy and freedom around the world – will be at the forefront of helping these millions of Nigerians currently trapped in a prison created by the British government. If not, then the resulting solution will be that every nationality will be faced with the option of a violent disengagement from this contraption called Nigeria.

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Voice of Emancipation: President Tinubu’s State Visit to the United Kingdom

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By Kayode Emola

Last week, the Nigerian President Bola Tinubu and his entourage visited the United Kingdom for a 2-day state visit. Whilst many of his critics say the visit should have been postponed or cancelled due to the multiple bomb blasts in Maiduguri. Others are of the opinion that such events are difficult to put on hold due to months of preparation.

Whatever argument is put forward, the important thing is that the event has come and gone. What we need to analyse is who truly benefits from this state visit? Is it President Tinubu and the Nigerian people or the UK government and its citizens?

To start with, the UK has a long history of putting its national interest first before any personal interest. Whereas Nigerians have a history of putting personal interest first before their national interest. That said, we need not look further at who is going to benefit more from the state visit of President Tinubu.

History teaches us that when it comes to diplomacy and agreement, the UK government cannot be trusted wholeheartedly. Not least because in the late nineteenth century, the British government signed several treaties of trade and friendship with many Yoruba monarchs, only to usurp their powers, transferring such powers to their own self-appointed administrators.

Today, those monarchs who are supposed to be the custodians of the governmental leadership in Yorubaland are mere spectators in royal regalia. Simply because they trusted the smiles of the British officials without truly knowing the snares that were set before them.

The UK government is not foolish to put up a lavish party for the Nigerian President just for showmanship. The British government knows when to use their high stakes diplomatic state visit as a tool for its national interest. This visit, I believe, plays into that scenario very perfectly.

Several commentators have spoken about the money the British government paid the Royal Niger Company to buy Nigeria in 1899. Many have linked President Tinubu’s visit to the UK to the royalties due Britain from the construction of Nigeria Ports Authority, which has been stopped for several years now. All these are just theories and without empirical evidence cannot be corroborated.

Whilst we may not know the full details of what transpired behind closed doors between the British government and the Nigerian President. One cannot help but wonder why a state visit with a country that the USA has designated as a country of particular concern.

I am not against a state visit for the Nigerian president to the UK. However, if the UK government were to be sincere about its interest in Nigeria, it should have helped the Nigerian government in tackling insecurity in the country. In the last decade alone, a report from ‘Protecting the Civic Space’ indicates that no fewer than 91,740 people have lost their lives between 2011 and 2024 in Nigeria. This figure should make any right-thinking nation pause and ask itself what the root causes of the problems are.

However, Britain is not ready to face the hard truth that it is partly responsible for the problems bedevilling Nigeria today. The ghost of the forced 1914 amalgamation of Southern and Northern Nigeria continues to haunt Nigeria even in this twenty-first century. Despite many British politicians, including former Prime Minister Winston Churchill, saying the amalgamation should never have happened.

There is still opportunity for the British government to make amends by addressing the amalgamation issue; if not, many more people are going to die needlessly in Nigeria. The Fulani North, whom the British government handed over the power of Nigeria to when they left in 1960 after Nigeria attained independence, have promised a mass jihad by the end of this month.

If the Fulani threat is anything to go by and their level of preparation ascertained by several security groups, then I don’t think we should wait until thousands of people are slaughtered before we see the dangers in Nigeria. The country sits on the cusp of history, and it shouldn’t be written with the blood of the innocent people who did not choose to die in this manner.

I will implore the Yoruba people not to read any genuine meaning into the state visit of President Tinubu to the UK. The UK has never been a friend to the Yoruba people, they’ve only been a friend to their own national interest.

What we must do is ask the United Kingdom what measures it is putting in place to help with the de-amalgamation of the country. As this is the only genuine gesture that can save countless lives that may be lost due to insecurity rampaging the country. Anything short of this is the United Kingdom turning a blind eye to the real tasks that are at hand to save lives and properties of the helpless Nigerians who are in the crossfire of several militias terrorising the country.

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