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USING TAXATION TO BREACH THE RICH POOR GAP IN NIGERIA

Nigeria is a very rich country in terms of its GDP and by the volume of trade transactions that flows from the country every year but in terms of per capita income, Nigeria remains one of the poorest nations on earth.This is why sometimes; there could be huge economic growth with no development and lack of job creation. The rate of poverty in the land is so high that records show that over 85 percent of Nigerians live below the poverty line and the remaining 15 percent cannot be said to be rich because of the overwhelming pressure the rest of the population will heap on them, so by logical conclusion nobody could be said to be wealthy from the true sense of the word. Taxation is a means by which government finance their expenditure by imposing charges on citizens and corporate entities. Generally, taxation is used to encourage or discourage certain economic decisions, for example reduction in taxable personal (or household) income by the amount paid as interest on home mortgage loans ...

WHO NEEDS A WHISTLE?

Happy Easter to Christians over the world as we all mark and celebrate the death and resurrection of our Lord and Saviour Jesus Christ which is the true foundation of Christianity. As Nigerians join Christians all over the world to celebrate, we pray that the message of easter which is peace and love for neighbour will reflect in the lives of every Nigerian. But what is trending this easter period in the country today is the whistle blower policy which is already yielding results. Monies have been recovered so far in uncompleted buildings, markets and luxury homes. The latest being the $48M cash amongst other currencies recovered in a luxury home in Ikoyi. The whistle blower who blew the whistle said an unidentified woman usually comes to the said house to drop bags. According to the whistle blower this woman always comes in tattered clothes but the suspicious thing about this was that the woman was not tattered herself. When the EFCC went in and made the discoveries of the money a...

EEDC: AN OLD WINE IN A NEW WRONG BOTTLE

The recent action by the Enugu State House of Assembly to declare an emergency action on the Enugu Electricity Distribution Company is a step in the right direction. The legislators have shown that they are true representative of the people; this is unlike the situation in Imo State where members of the House of Assembly are busy romancing with the executive arm of government, thus neglecting their primary functions. Since the beginning of this year, the electricity bill from the EEDC has continued to double every month with no appreciable improvement in power supply.  For example as at December last year, my bill was around N2, 000, by January it increased to around N4, 000 and before I knew what was happening, it came to N8, 000 by February 2017.  This is coupled with a reduction in power supply. As a result of which, I went to their office, thinking it was a mistake only to be informed that that the bill is not calculated by them and that customers should go and ask the Re...

THE DANGER OF A SINGLE STORY: THE CASE OF MBAISE

The word Mbaise comes from two Igbo words, “Mba” and “ise” which literally mean five towns or five kingdoms as the case maybe. Before 1941 the name Mbaise was not in existence. it was just around the 1940’s that the five towns of  Agbaja, Ahiara, Ekwereazu, Ezi-na-ihite and Oke ovoro came together to form the Mbaise union. The unity that came with the amalgamation of these five kingdoms frightened their neighbours; hence they were subsequently labeled as bad people. This notion passed from one generation to another.  Mbaise is a great nation from the true sense of the word, which is why her sons and daughters are visible in the socio-political landscape of Nigeria. It is wrong to label an entire clan with a predetermined set of behaviour; that will amount to a fallacy of hasty generation. Mbaise sons and daughters are hardworking people. Mbaise is one of the fastest growing towns in Nigeria. The presence of the Banking sector is pointer to the i...

THE REPORT FROM THE ACCIDENT INVESTIGATION BUREAU ON THE DANA AIR CRASH

Yesterday was World Consumer Rights day and I was saddened because we do not have consumer rights protection in Nigeria. The world consumer rights day coincided with a landmark judgment by a federal high court against Nafdac and The Nigerian Bottling Company(makers of popular soft drinks Coke, Fanta and Sprite) on a case which was in determination for eight years when it was discovered that a combination of Fanta or Sprite with Vitamin C is poisonous. But what this is really about is the lack of Consumer Rights Protection laws in Nigeria. Foreigners who come to do business in Nigeria are aware of these and use our countrymen/women as specimen on whom they can test anything on with nobody protecting them. A Dana Aircraft crashed in 2012 and after the crash, a source told the press that the aircraft was not fit to fly in the first place and was undergoing engine repairs but the management of Dana airlines(who are Indians by the way) asked that the aircraft be flown after it was just r...

APOSTLE SULIEMAN, ALLEGATIONS AND SEX SCANDALS

This matter is trending and trending quite well with many people divided especially on what to believe. I just want to remind my readers that nothing has been proven yet and the sensitivity of the matter should be taken into consideration till the case goes through in court. Some people say this scandal was inspired by APC to tarnish the image of the man of God for speaking against their anti-people policies, others who are mostly cold Christians and atheists are saying they would never pay offering in church again as pastors are using it to enlist the services of prostitutes. It is my opinion that even if this trial goes through and the man of God is found guilty then it wouldn't be the first time when perverse people hide under the cloak of being in the clergy while actually being a fluke. The bible says marvel not for even Satan himself has been transformed into an angel of light. The bible also tells us to test every spirit as not every spirit is from God. We are a society ...

THE ECONOMY OF THE STATES OF THE NATION

Just recently, the Vanguard personality of the year awards were held in lagos. The event took place in Victoria Island and awards were presented to different people in different categories. What I find notable in this awards was the presentation of performing governors of the year awards for 2016. Four governors were presented with these awards and they are in no particular order, the governors of Kebbi, Cross River, Lagos and Anambra states. These awards presented were well deserved of the honouraries so awarded . In case you are wondering why, let me reel out the accomplishments of the governors awarded in their various states. Kebbi state: Implementation of agriculture in the quest for the self-sufficiency in food production agenda of the federal government. Producing rice and wheat in large quantities and providing jobs for about 600,000 people across that value chain. Cross River: Execution of projects across the state and providing people-friendly opportunities for dwellers ...