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OSUN 2018: APC IN THE HANDS OF ARCHENEMY*

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Northern APC

 

  • Highlighting some of the factors that is likely to cause hullabaloo to All Progressives Congress APC in Osun State.

 

Osun State recent electoral misfortune in the western senatorial district can not be easily forgotten,not with the margins at which the opposition triumphed in the previous election that made the dancing senator to emerged victoriously.

 

Divergent views and opinions were expressed,what is however cleared and monumental is the fact that APC has lost Nine against one, which was  a collosal loss if not disgraceful to say the objective truth.

 

We can not deemphasis various factors but rather term it as a bye product to the reproduction of  what made APC lost two federal constituencies in the last national election namely the Oriade Obokun and ife federal constituency.

 

One of the greatest factors affecting All Progressives Congress APC includes ;

 

*Hidden Ambitions*

Hidden ambition and the idea of fielding those gladiators to work for same elective position as campaign coordinators or mobilizer chairman for the same election they lost its ticket without consulting the winner or the candidates involved ,those silent pretenders sometimes become controller of funds ,men and women meant to work for the party victory,these are people who have unsettled score and malice with the same person aspiring election.

 

Apparently, The case is like asking the same person who seek obaship to be the one to crown the same person who emerged. This among others is said to be the reasons why ALL PROGRESSIVES CONGRESS APC in Osun State normally record downthrow in many areas.

 

*Power Tussle*

The same scenario is re-emerging in embryonic way, where ,One time Commissioner who once indicated his interest for the house of Representatives seat of Oriade Obokun is now said to be overhauling his structure ahead of others and without even consulting the sitting Governor of Osun State.

 

He is believed to be one of the richest and well blessed commissioner under the first term of Ogbeni Rauf Aregbesola.

 

Same also is the feelings from ife federal constituency on also a one time Commissioner in Osun State who is equally eyeing the federal house of Representatives seat.

 

Meanwhile, It is on record that these two grand styling gladiators had served under the government of Ogbeni Rauf Aregbesola as commissioners. The reasons for them not to be returned as commissioner was connected to top security report at government disposal and their roles as campaign chairmen and their superogatory ambitions.

 

These two personalities has been eyeing elective posts to satisfy their inner conscience, but the whipped of the Governor as cabinet members made them dropped their ambition and both  ironically became the campaign chairmen of their respective domain.

 

There goes the errors, It was very possible for them not to worked with their full hearts because election funds,materials and men were at their disposals, discretions and candidates were left at their mercies.

 

*Issue of Aggrieved Members*

This is contained in a press statement Diekola made available to journalists in Osogbo on Monday, saying members of the party are divided and that the party cannot win the governorship election of 2018.

 

“There is nothing romantic about crisis within a political family, but we can’t afford to condone a lie that has a tendency to drag us backwards in our quest to genuinely reposition the party ahead of 2018.”

 

“As a concerned party member, I have studied the press statement, I wish, I could maintain silence after reading the poorly calibrated speech. The urge to respond to some of the political notes extracted from the statement, is irresistible.”

 

“With much reluctance to believe that Barrister Kunle Oyatomi genuinely meant some of the notes averred in the party press statement. Further, it’s very doubtful that Barrister Kunle Oyatomi had all round consultation with party bigwigs before he rushed to the press and tagged the ‘brains’ behind the electoral success of Osun APC in the past, and before things fell apart ‘dissidents.

 

“The diction and tone of the press release worries me, it doesn’t reflect that important lessons had been learnt from the concluded Osun West Senatorial bye-election.”

 

“However, I’m politically tempted to sympathise with Barrister Kunle Oyatomi, as APC spokesman; he’s understandably handicapped and under intense political pressure to promote a facade of unity within Osun APC.”

 

“Recall, the same Barrister Kunle Oyatomi issued a press statement before the concluded Osun West Senatorial bye election where he dismissed and downplayed the existence of the aggrieved bloc within Osun APC. The outcome of the bye election pointedly punctured his lie and dismissed him as a naive party member constrained by the party position.”

 

“While I cautiously agree with Barrister Kunle Oyatomi that unlike Osun PDP, we have one chairman in the person of prince Gboyega Famodun and our Secretariat headquarters is along Gbongan- Ibadan Road in the heart of Osogbo, unfortunately, Oyatomi forgot albeit deliberately, to tell us the number of times the Famodun led APC state executives had met, when last it held meeting at the state party Secretariat and how many of its members in the state executives are currently aggrieved and uncomfortable with the leadership of prince Adegboyega Famodun?”

 

“The time has come to say the truth. Whist it might be inconvenient for the political cotton weights, and a handful of politicians without a solid political base, masquerading as friends and loyalists of governor Rauf Aregbesola. I believe we need to speak the truth. And the truth is this: Famodun’s leadership is the biggest albatross on the neck of Osun APC.”

 

“The failure of Osun APC state leadership became manifest when we lost Osun West bye election to the Peoples Democratic Party. If the leadership of the party in the state had guided the selection process of the party without public display of bias against one of the aspirants, may be, the result could have been much different.

 

“How would Barrister Oyatomi convince party members and political watchers that party leadership is in charge of a ruling party where a cabinet member gleefully appointed his brother in-law as SSA legal without a murmur from the party leadership.”

 

“Quite to the contrary, we are divided in Osun APC, but unlike PDP; we have one chairman whose politics and leadership style have divided the party into two major blocs.”

 

“With the tone and diction of the press statement released by Barrister Kunle Oyatomi, dismissing the ‘home based politicians’ in Osun APC as ‘dissidents’, there is nothing suggesting that the ‘hawks’ in Osun APC are comfortable with the reconciliation process initiated by the National Secretariat of our party.

 

“Notwithstanding this temporary setbacks, we, the home based politicians in Osun APC have absolute confidence in the national leadership of our party and strongly in support of its political efforts to reposition the party in the state ahead of 2018 governorship election,” the statement reads.

 

Now,the game has started again, the coast is becoming clearer and opinions of today is that their ambitions remained alive and seriously manifesting day by day.

 

This could not have just started within a short period. Let the judges  therefore learn to excuse themselves from this new game of governorship for history not to repeat itself again and again.

 

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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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