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The Second Coming of Goodluck Jonathan By Dele Momodu

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Goodluck Jonathan Reveals Those Running The Affairs Of This Country

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Fellow Nigerians, before I get into my main gist of today, let me quickly apologise for my inability to write this column last week. Truth is I had a mental block, pure and simple. Contrary to speculations that I couldn’t write because my great heroine, Hillary Clinton, lost her election, I was just so physically and mentally fatigued because this is one year that I’ve worked so hard on every project at hand. There was no doubt that I was solely disappointed that Donald Trump won the American presidential election but I was able to adjust quickly. My darling mum had taught me about the wisdom of the ancient. You can put your all into any project but the results ultimately remain the exclusive preserve of God. Only God determines the winner or the outcome.

There is so much to learn from the political trajectory of Nigeria. What happened in America had happened repeatedly in our dear beloved country. I will explain in a jiffy. Who would have expected Alhaji Shehu Usman Shagari to defeat a political colossus like Chief Obafemi Awolowo? Who would have expected a Shagari to beat a political philosopher like Dr Nnamdi Azikiwe so black and blue? Who would have expected a stupendously wealthy man like Chief Moshood Kashimawo Olawale Abiola, without any political experience to take on the likes of Baba Gana Kingibe and Alhaji Atiku Abubakar and come out victorious?

What Abiola did in Jos at the National Convention of the Social Democratic Party in 1993, when he mesmerised and hypnotised the party chieftains was what Donald Trump did recently in the United States of America when he razzle-dazzled the Republicans and virtually hijacked their party.

Trump was lucky that he and Abiola belonged in different realms and climes. Abiola was not able to realise his dreams of running government like a business but Trump is set to take power and display the wizardry he flaunted endlessly before the elections. The world is waiting to see if Trump would plunge America into the abyss or perform the miracle of turning water into wine.

The main reason many of us non-Americans opposed Trump so vehemently was because of his supposed bigotry and divisive rhetoric on all fronts. But on a personal note, I’m not too bothered. I have learnt my lessons. Politicians can tell any ignominious lie just to grab power. Voters can believe obvious scams and vote for artful pretenders out of foolish emotions and live to regret it. There is nothing we have not seen before. It is very obvious even this early that the millions of Americans who voted for Trump may never get a quarter of what he promised. Every man has the right to change his mind or beliefs and no one can hang him for it. Trump obviously knew what the Americans wanted to hear and knew how to sell a dead horse at a premium. That is politics. His message resonated with his core base no matter how retrogressive it sounded. As a matter of fact, it became even more attractive the crazier it sounded. Politics and religion are quite similar in that they thrive on pure faith.

The same Trump that appeared a rabid hater of President Barack Obama has since visited his “sworn enemy” in the White House. You would have expected both former warriors to exchange some terrible blows but far from it; they came out behaving like two newly joined love birds. Trump now says Obama is actually a nice guy. Obama also reassures a jittery nation and a confused global community that Trump would actually behave decently and that their allies have nothing to fear.

The two opponents must have known that it was all a game all along while their followers actually believed and embraced the charade. One of the things I love about America is the ability of its leaders to rise above pettiness. Every leader comes in after a bitterest electioneering campaign to embrace the one who lost. I do not hear sing-songs of wasting too much energy on the past. Who would have thought Obama and Bush would become as close as they are now? American leaders are wise enough to know that we are all actors and must quit the stage after playing our assigned roles. We may have sharp differences but we must be able to calculate the cost of war-war against the price of jaw-jaw.

When tomorrow comes, I’m sure Donald Trump would have calmed down and welcome everyone in the true tradition and character of America. No American leader can ever be allowed to transfigure into an Adolf Hitler or a Benito Mussolini. Americans collectively are stronger than their leaders. This is one of the major reasons I’m not worried about Donald Trump and his tantrums. If he returns to the giddiness of his pre-election period, Americans across party lines would know what to do. That is the power of their democracy.

This now brings me back home. I have been reading about the rising profile of our former President, Dr Goodluck Ebele Jonathan, and wish to state without equivocation that no one should rule him out of the 2019 presidential race. I first hinted this possibility about two months ago and wish to reiterate that Nigerians should prepare for the shock that awaits us. The story of Donald Trump should bring us back to our senses. Nothing is impossible. The second coming of Goodluck Jonathan may be so far-fetched or even belong in those categories of impossibilities but I wish to plead with our government and my fellow citizens not to rule it out. As one of those who made our modest and humble contributions to the coming of this Buhari government, I’m pleading with trepidation.

Jonathan’s popularity is rising not because of anything he has done to atone the sins that must have led to his waterloo but as a result of what our change government has failed or refused to do. The obsession of our government with going all out after Jonathan is the main reason the Otuoke man is beginning to smell like roses after the odoriferous position he landed himself last week. Only if our government had succeeded in maintaining the economy it met, Nigerians would have been ready to enter fire with Buhari. But there are just too many unresolved problems and challenges. The excuses that Jonathan and company left this peculiar mess behind has refused to fly. The groans might not be loud enough to reverberate all the way to the Aso Rock Presidential Villa, as of now, but trust me it may become deafening, sooner than later. I do not care if men and women of power dismiss my submission with a wave of the hand but they should mark my word, there is a thickening conspiracy in the clouds. It would be a shame if we inadvertently play into the hands of those hovering and ready to pounce on Buhari.

I read about “persecution complex” long ago and I understand how it works. If you beat your own child so ruthlessly as if you want to kill him, the tilt of public opinion would always go against you. Many would wonder why you want to kill your own child. In our anger, let us pick our fights. There is too much tension in the land. I would be delighted if anyone could educate and convince me that Nigeria has gained much more than we’ve lost to this war of attrition. If we haven’t, we may need to retrace our steps urgently.

The BBC reported on Friday how Jonathan caused a stir in Sokoto State during his visit to the state to pay his respects to Ibrahim Dasuki, the late former Sultan of Sokoto. According to the report, Jonathan was received by a large crowd of admirers, some holding banners bearing the words “Come Back Baba Jonathan”. The same voices that chanted “Sai Baba” and “Jonathan Must Go” are now fiddling with the tunes of the possibility of a Jonathan to stage a comeback. Here lies the irony of political triumph and the paradox of high expectations.

The euphoria and momentum that saw the exit of Jonathan and the emergence of the Buhari change administration has since begun to wane following the inability of the new government to hit the ground running with the tenacity of a government in a hurry!

There are many who believe that the poor management of the ensuing economic recession didn’t help matters. Suddenly, Nigerians who had high hopes and voted massively for change are now caught in a limbo between confusion and uncertainty. As it stands today, the average Nigerian is confronted with the reality of an economic recession they never planned for; a situation they did not experience under the Jonathan administration and under previous governments.

Many of President Buhari’s supporters are worried that the humongous goodwill that engineered the Buhari change mantra is now being frittered away at the speed of light. The unfolding plot has now thrown up former President Jonathan as a new protagonist in Nigeria’s theatre of the absurd. For many of us who are ardent students of history, we have since learnt that nothing is impossible in the game called politics. Will history repeat itself again? Time is pregnant with answers!

 

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Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing

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Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing

By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com

“Shift or Structural Demand? A Declaration of Civic Duty in a Nation at a Fiscal Crossroads.”

In the unfolding narrative of national development and economic reform, few instruments are as defining as tax compliance. For Nigeria, a nation perpetually grappling with revenue shortfalls, structural dependency on a single export commodity, and entrenched informal economic behaviour, the Federal Government’s recent clarification on tax return deadlines is not mere bureaucratic noise. It is a deliberate and inescapable declaration: the social contract between citizen and state must be honoured through transparent, lawful and timely tax reporting.

At its core, the government’s pronouncement is stark in its simplicity and radical in its implications. Federal authorities, speaking through the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, have made it unequivocally clear that every Nigerian, whether employer or individual taxpayer, must file annual tax returns under the law. This encompasses self-assessment filings by individuals that too many assumed ended once employers deducted pay-as-you-earn taxes from their salaries.

This is not an optional civic suggestion, it is mandatory, backed by statute, and tied to a broader vision of national fiscal responsibility. Citizens can no longer hide behind ignorance, apathy, or false assumptions. “Many people assume that if their employer deducts tax from their salaries, their obligations end there. That is wrong,” Oyedele warned, emphasizing that the obligation to file remains with the individual under both existing and newly reformed tax laws.

The Deadlines and the Reality They Reveal.
Across the federation, state and federal revenue authorities have reaffirmed statutory deadlines in pursuit of compliance. The Lagos State Internal Revenue Service, for instance, moved to extend its filing date for employer returns by a narrow window, reflecting the reality that compliance often lags behind legal timelines. The extension was intended not as leniency, but as a pragmatic effort to allow accurate and complete submissions, underscoring that true compliance rises above mere mechanical ticking of a box.

At the federal level, Oyedele’s intervention was even more fundamental. He reminded Nigerians that annual tax returns for the preceding year must be filed in good faith, with integrity and in respect of the law. This applies regardless of income level including low-income earners who have historically believed that they are outside the tax net. “All of us must file our returns, including those earning low income,” he stated.

Herein lies one of the most challenging truths of contemporary Nigerian governance: widespread tax non-compliance is not just a technical breach of law, it is a deep cultural and structural issue that reflects decades of mistrust between citizens and the state.

The Root of the Problem: Non-Compliance as a Symptom.
Nigeria’s tax culture has long been under scrutiny. Public discourse and economic analysis consistently show that a significant majority of eligible taxpayers do not file annual returns. Oyedele highlighted that even in states widely regarded as tax administration leaders, compliance remains strikingly low, often below five percent.

This widespread non-compliance stems from multiple sources:

A long history of weak tax administration systems, where enforcement was inconsistent and penalties were rarely applied.

A perception that public services do not reflect the taxes collected, eroding the citizenry’s belief in reciprocity.

An informal economy where income often goes unrecorded, making filing seem irrelevant or impossible to many.

Lack of awareness, with many Nigerians genuinely believing that tax liability ends with employer deductions.

The government’s renewed push for compliance directly challenges these perceptions. It signals a shift from voluntary or lax compliance to structured accountability, a stance that aligns with best practices in modern public finance.

Why This Matters: Beyond Deadlines.
At its most profound level, the insistence on tax return filings is about nation-building and shared responsibility.

Scholars of public finance universally agree that a robust tax system is the backbone of sustainable development. As the eminent economist Dr. Joseph E. Stiglitz has observed, “A society that cannot mobilize its own resources through fair taxation undermines both its government’s legitimacy and its capacity to provide for its people.” Filing tax returns is not a mere administrative task, it is a declaration of participation in the collective project of national advancement.

In Nigeria’s context, this declaration carries weight. With the enactment of comprehensive tax reforms in recent years (including unified frameworks for tax administration and enforcement) authorities now possess broader statutory tools to ensure compliance and accountability. These measures, which include electronic filing platforms and stronger enforcement powers, have been framed as fair and equitable, targeting efficiency rather than arbitrariness.

Yet the success of these reforms depends heavily on citizens embracing their civic duties with sincerity. And this depends on mutual trust, the belief that paying taxes yields tangible benefits in infrastructure, education, healthcare, security and social services.

Voices From Experts: Fiscal Responsibility as a Public Ethic.
Tax law experts and economists, reflecting on the compliance push, have underscored a universal theme: taxation without transparency is inequity, but taxation with accountability is empowerment. When managed with fairness, a functional tax system can reduce dependency on volatile revenue sources, stabilise national budgets, and support long-term investment in human capital.

Professor Aisha Bello, a respected authority in fiscal policy, notes that “Tax compliance is not a burden; it is the foundation upon which social contracts are built. A citizen who honours tax obligations affirms the legitimacy of governance and demands better performance in return.”

Similarly, a leading tax scholar, Dr. Emeka Okon, argues that “The era when Nigerians could evade broader tax responsibilities simply because automatic deductions occur at source must end. For a modern economy, every eligible citizen must be part of the formal tax fold not as victims, but as stakeholders.”

These authoritative voices point to an unassailable truth: filing tax returns is both a legal requirement and a moral responsibility, an expression of citizenship in its fullest sense.

Challenges on the Ground: Compliance and Capacity.
While the rhetoric of compliance is compelling, the reality on the ground demands nuanced understanding. Many taxpayers (especially in the informal sector) lack meaningful access to digital platforms and resources for filing returns. For others, the fear of bureaucratic complexity and perceived punitive enforcement deters participation.

The government, for its part, has responded by promoting online systems and pledging greater taxpayer support. Tax authorities are increasingly engaging stakeholders to demystify filing processes, explain requirements and offer assistance. This mix of enforcement and facilitation is essential. As one seasoned revenue specialist observed: “The state cannot compel compliance through force alone; it must earn it through education, simplicity and fairness.”

The Broader Implication: A New Social Compact.
Ultimately, Nigeria’s renewed emphasis on tax return filing transcends administrative deadlines. It is an unequivocal declaration that national development is a shared responsibility, that citizens and state must engage in a transparent, accountable, and reciprocal relationship.

Tax compliance, therefore, becomes far more than a legal act; it becomes a moral claim on the nation’s future.

When citizens file their returns honestly, they affirm their stake in the nation’s destiny. When the government collects taxes transparently and deploys them effectively, it strengthens not only public services but civic trust itself.

In this sense, the deadlines proclaimed by Nigeria’s fiscal authorities mark not an end but a beginning; the beginning of a civic epoch in which accountability replaces apathy, participation replaces indifference and national purpose triumphs over fragmentation.

The road ahead will not be easy. But in demanding compliance, Nigeria is demanding more than tax returns. It is demanding commitment and that, ultimately, is the foundation on which nations are built.

 

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BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025

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BUA FOODS PLC RECORDS 101% PROFIT GROWTH IN H1 2025, CONSOLIDATES LEADERSHIP IN NIGERIA’S FOOD SECTOR …Revenue Rises to ₦912.5 Billion; PBT Hits ₦276.1 Billion

BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025

By femi Oyewale

BUA Foods Plc has delivered one of the most impressive financial performances in Nigeria’s fast-moving consumer goods (FMCG) sector, recording a 91 per cent increase in Profit After Tax (PAT) for the 2025 financial year.
According to the company’s unaudited financial results for the year ended December 31, 2025, Profit After Tax rose sharply to ₦508 billion, compared with ₦266 billion recorded in 2024, underscoring strong operational efficiency, improved cost management, and resilience despite a challenging macroeconomic environment.
The near-doubling of profit reflects BUA Foods’ ability to navigate rising input costs, foreign exchange volatility, and inflationary pressures that weighed heavily on manufacturers throughout the year. Analysts note that the performance places the company among the strongest earnings growers on the Nigerian Exchange in 2025.
The company’s Q4 2025 performance further highlights this momentum. Group turnover stood at ₦383.4 billion, while gross profit came in at ₦151.5 billion, demonstrating sustained demand across its core product lines including sugar, flour, pasta, and rice.
Despite a year marked by higher operating costs across the industry, BUA Foods maintained disciplined spending. Administrative and selling expenses were kept under control relative to revenue, helping to protect margins.
Operating profit for Q4 2025 stood at ₦126.9 billion, reinforcing the company’s strong core earnings capacity. Although finance costs and foreign exchange losses remained a factor, reflecting the broader economic realities, BUA Foods still closed the period with a Net Profit Before Tax of ₦102.3 billion for the quarter.
Earnings Per Share Rise Sharply
Shareholders were among the biggest beneficiaries of the strong performance. Earnings Per Share (EPS) rose significantly, reflecting the substantial growth in net income and strengthening the company’s investment appeal.
Market watchers say the improved earnings profile could support sustained investor confidence, especially as the company continues to consolidate its leadership position in Nigeria’s food manufacturing space.
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025

By femi Oyewale
Industry Leadership Amid Economic Headwinds
BUA Foods’ 2025 results stand out against a backdrop of currency depreciation, energy cost spikes, and logistics challenges that constrained many manufacturers. The company’s scale, backward integration strategy, and local sourcing advantages are widely seen as key contributors to its resilience.
Outlook
With a 91% year-on-year growth in PAT, BUA Foods enters 2026 on a strong footing. Analysts expect the company to remain a major driver of growth in the consumer goods sector, provided macroeconomic stability improves and cost pressures ease.
For now, the 2025 numbers send a clear signal: BUA Foods is not only growing—it is accelerating.
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Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

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Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

In celebration of the season of love, Adron Homes and Properties has announced the launch of its special Valentine campaign, “Love for Love” Promo, a customer-centric initiative designed to reward Nigerians who choose to express love through smart, lasting real estate investments.

The Love for Love Promo offers clients attractive discounts, flexible payment options, and an array of exclusive gift items, reinforcing Adron Homes’ commitment to making property ownership both rewarding and accessible. The campaign runs throughout the Valentine season and applies to the company’s wide portfolio of estates and housing projects strategically located across Nigeria.

 

Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

Speaking on the promo, the company’s Managing Director, Mrs Adenike Ajobo, stated that the initiative is aimed at encouraging individuals and families to move beyond conventional Valentine gifts by investing in assets that secure their future. According to the company, love is best demonstrated through stability, legacy, and long-term value—principles that real estate ownership represents.

Under the promo structure, clients who make a payment of ₦100,000 receive cake, chocolates, and a bottle of wine, while those who pay ₦200,000 are rewarded with a Love Hamper. Payments of ₦500,000 attract a Love Hamper plus cake, and clients who pay ₦1,000,000 enjoy a choice of a Samsung phone or a Love Hamper with cake.

The rewards become increasingly premium as commitment grows. Clients who pay ₦5,000,000 receive either an iPad or an all-expenses-paid romantic getaway for a couple at one of Nigeria’s finest hotels, which includes two nights’ accommodation, special treats, and a Love Hamper. A payment of ₦10,000,000 comes with a choice of a Samsung Z Fold 7, three nights at a top-tier resort in Nigeria, or a full solar power installation.

For high-value investors, the Love for Love Promo delivers exceptional lifestyle experiences. Clients who pay ₦30,000,000 on land are rewarded with a three-night couple’s trip to Doha, Qatar, or South Africa, while purchasers of any Adron Homes house valued at ₦50,000,000 receive a double-door refrigerator.

The promo covers Adron Homes’ estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger States, offering clients the opportunity to invest in fast-growing, strategically positioned communities nationwide.

Adron Homes reiterated that beyond the incentives, the campaign underscores the company’s strong reputation for secure land titles, affordable pricing, strategic locations, and a proven legacy in real estate development.

As Valentine’s Day approaches, Adron Homes encourages Nigerians at home and in the diaspora to take advantage of the Love for Love Promo to enjoy exceptional value, exclusive rewards, and the opportunity to build a future rooted in love, security, and prosperity.

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