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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: Can the FIFA World Cup Bring Nations Together

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By Kayode Emola

With the group stages of the 2026 FIFA World Cup completed, teams that have qualified for the knockout phase are hoping to progress their chances further. However, teams that have already crashed out can still go home knowing that they gave their best, but it just wasn’t good enough. In all, it is the spirit of sportsmanship that really counts.

Prior to the commencement of the FIFA 2026 World Cup, there were concerns about the Iranian Football National Team. With the ongoing war between the USA and Iran, many feared that the Iranian team might not be allowed entry into the US to participate in the tournament. At one point, the Italian National Team was asked if they could take up the Iranian slot but respectfully declined.

In the end, the Iranian national team were allowed entry to the US to participate in the tournament. I cannot begin to imagine what the emotions going through their minds would have been during that period. Could they have been turned back, and denied entry, after all a Ghanaian footballer Thomas Partey was denied entry to Canada causing him to miss Ghana’s first match against Panama in Toronto.

For many football loving nations, the FIFA World Cup is the height of any footballing activity in the world, one which they cannot afford to miss. When their country is participating, they want to cheer them on to victory whether on the pitch or on their screen at home or in a bar. It shows the great power this sport has globally to unite people of different races.

Had the Iranian National Team being denied access to the World Cup this year, it would have set a very bad precedent. One which the world may not eventually recover from. The good thing is they were allowed to participate which in all sense shows that there is still a tiny hope for mankind to work together in very difficult circumstances.

I know Nigeria did not qualify for the FIFA World Cup 2026, I couldn’t care less if they did or not. My only hope is that one day, the Yoruba nation will have our autonomy, and we can have our Yoruba sportsmen and women representing us in the international stage. In that day, it would not just be a sight to behold but an experience to revel in.

As it stands, many countries are already at odds with other nation’s football team for their crash at this world cup. I want us to know that football is just a sport and in the spirit of sportsmanship, there is always a winner and loser. The winner needs to always be magnanimous in victory and the loser gracious to accept their defeat.

I have had my fair share of heart breaks in football when my team lost to a rival football team. The heartache is very agonising and unbearable; however, I soon get past that phase. Equally, I have had times when my team was victorious, and the joy is overwhelming that it can cause most ailments to vanish instantly. That is such power that football posses and I believe many other sports gives the same experience.

The fact that national teams can be barred from sporting events because of politics is very concerning though. Sports should never be a tool that world leaders use as a weapon to punish young athletes who wants to showcase their talent in the international stage. It should be a tool to foster unity among nations rather than a tool to further divide. There is so much disunity in the world presently, and football like many other sports might just a force for good that can bring our world and people closer together.

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Voice of Emancipation

Voice of Emancipation: Five Years and Still Going Strong

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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

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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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