Connect with us

Business

Champions Royal Assembly: Tourists’ destination of sorts

Published

on

briginla roofiginla new 7iginla new pix 1

 

 

At a time when Nigeria’s image has been battered by the dastardly outrage of the Boko Haram lunatics, Champions Royal Assembly is one of the outstand­ing oases of hope for the Nigerian image. The church is unarguably one of Nigeria’s fastest growing. Always filled to the brim and attended by a mix of the high, mighty, or­dinary Nigerians and people from numerous nations, it is perhaps Abuja’s most talk about religious centre. Known as Champions Royal Assembly and headed by Joshua Iginla, the church has in just nine years catapulted itself to the pinnacle of serious evangelism in Abuja, granting spiritual cum material succor to millions of people.

Recently, the pastor, Brother Iginla, to the pleasant sur­prise of many, gave twenty two brand new cars to many Nollywood stars and some lucky members of the church. That got people thinking. What manner of pastor is this? In a nation where many a pastor have coveted church wealth to personal use and self aggrandisement, what inspired this man to give so generously and so uniquely? Consider­ing the fact that most of the stars who entertain the nation and have brought so much glory to our nation worldwide are largely poor, this gesture from Iginla was not only timely and unique, it is a lesson for those who would rather spend church money on frivolities or on personal exaltation.

Located in a rather suburban section of Byazhin, Kubwa, a satellite town under Bwari Area Council of the Federal Capital Territory, Champions Royal Assembly has in nine years transformed that community to a big tourist destina­tion of sorts, adding serious value, by its presence, to the economy, apart from its primary duty of imparting spiritual well being to the people.

Known around the world by virtue of its free-to-air satel­lite TV channel, Champions TV, where tourists from all cor­ners of the world rivet their attention everyday for the won­drous works going on in the church, the church has become one of the most sought after by hundreds of thousands con­gregants and millions more TV viewers worldwide.

The first thing noticed was that though he could afford luxury living many times over, Iginla has largely chosen the low profile. He drives no flashy car. He chauffeurs him­self most of the time to the church and mixes freely with people. Slender and self effecting, you would not believe that this is the man who moves the congregation to a frenzy on the pulpit and wows millions with his astounding gifts. In a world where pastors drive around in convoys that would turn even Heads of States jealous, Iginla apparently believes in no such things. He seems determined to follow in Jesus’ humble servant disposition. But, surprisingly, he ensures that his staff are well paid and made comfortable enough to help him in the challenge of shepherding a church fast becoming an international phenomenon.

What is indeed most stunning is the spiritual dimension. This reporter was struck pleasantly by the wondrous works of miracle going on here. You could easily see it and with the great output of miraculous happenings in the church, one can no longer wonder why such a young church has achieved so much and become so famous. There is some­thing really special about the Joshua Iginla anointing and it radiated and glowed throughout my observation of the church. Despite the long hours on a given Sunday, there is never a dull moment. From the moving way Iginla preaches, full of inspiring sayings of scholarly dimension, to the soul­ful music of the well-groomed choir and to the astonishing miracles, you simply can’t be bored.

One given reason by observers is the humility and simple dispositions of the General Overseer, Brother Joshua Igin­la. It was easy to see. According to a church member who pleaded anonymity, “In spite of the pressure of tending to the spiritual, and even sometimes financial needs of tens of thousands who flock into the church daily, Brother Iginla is never perturbed. He is blessed with this generous spirit that wants to give more and more of himself to everyone.” And in the words of another member, “This man of God is blessed with unbelievably divine energy to do the near im­possible for his church.”

Everyone seems to agree that there is something divine­ly special about Iginla. Simple, unassuming and down to earth, Iginla who prefers to be addressed simply as “Broth­er Joshua Iginla” but is sometimes called Papa by church members has everything that has made great shepherds in his disposition. A very busy man, he, despite the stress and the drudgery, loves to have a one-to-one with his flock. On a given counselling day, thousands of people with myriads of problems seeking solution converge on the main audito­rium for this personal touch and he calmly sits on the altar, attending to all before retiring for the day.

Iginla is in high demand around Africa and the world. If he’s not being invited from Gabon today, he is wanted in South Africa tomorrow. Devotees from Mexico, Colombia, US, Asia and many lands are itching to visit this church. On this particular day there were many nationals of Cameroon, Spain, Canada, Ghana, all tourists paying hard currency to visit our country in search of spiritual and sundry succour.

More than many other national institutions, the Joshua Iginla-led Champions Royal Assembly has brought so much pride to Nigeria; so much respect and impression that Ni­gerians could really be good people. Every day you visit the church, you meet hundreds tourists from around the world coming for one spiritual issue or the other while many also visit just to experience the joy of this Nigerian phenomenon. People call from around the world for information that could better enlighten them about the church. Visit the Champi­ons website or Facebook page and you would be pleasantly shocked by thousands of posts from fellow Africans and other citizens of the world expressing warm, heartfelt im­pressions and goodwill about our nation as exemplified by the Joshua Iginla example.

Now, one wonders what compatriots at the Federal and State tourism organizations are doing to recognize this ‘hidden’ tourism treasure and explore its fantastic opportu­nities to further boost the image of Nigeria. So much has been done in the tourism ministries to promote the image of Nigeria at home and abroad without any seriously posi­tive and discernible outcome. We spend millions on tourism fairs, gatherings and events worldwide yearly with trickles coming as dividends. Have we really considered the tourism potentials of places like Champions? This is not necessarily about religion. The Yorubas would say ‘’if your masquerade dances well, one would be elated’’. In bringing positive light upon our nation around the world, in attracting thousands of foreign visitors to Abuja – visitors who come here to see the good side of our land and relatively boost our economy while also boosting their personal spiritual well-being – Josh­ua Iginla has helped to advance our tourism industry. The earlier the tourism authorities found a way of reaching out to institutions like this for collaboration and idea exchange the better for us. Religious tourism is a money-spinner for countries that value it and explore its many ramifications. Saudi Arabia, Italy, India and China have earned much from religious tourism through the Hajj, the Vatican and Catholi­cism etc. What stops Nigerians from encouraging religious tourism, cashing in on the leading light already provided by the Champions Royal Assembly? The Redeemed Church is also helping in this through the influx of foreign visitors during its Holy Ghost Congress. But Champions, to me, is unique in its clearly daily hosting of throngs of visitors from around the world. All of these visitors have something good to say about our country. Why wouldn’t our government as­sist institutions like Champions to continue to promote our land a s a nation of blessed, talented people?

I think our tourism authorities should work with icons like Joshua Iginla to further boost the image of Nigeria. One clue? The church’s Champions TV, seen around the world, can be used as a medium to further advertise the good things that would keep drawing people from around the world just like the Champions Royal Assembly is doing. Pastors like Iginla can also be encouraged to use their extensive media networks to promote Nigeria as a beautiful land of peaceful, God-fearing people and not the image of a hell-house of vio­lence that the Boko Haram sacrilege is giving it.

Another potential tourist attraction, apart from its spiritual ramification, is the architectural wonder that Brother Iginla’s church is putting up as its world headquarters. Christened “City of Wonders,” this colossal church auditorium will turn the Faith Tabernacles and other cathedrals green with envy considering the sheer, ornate magnitude and avant garde na­ture of its architecture. I am sure that this is one church made to remain influential for hundreds of years to come.

 

IGINLA 4iginla churchiginla fire6iginla new 16iginla new 1

Business

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

Published

on

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.

 

Continue Reading

Business

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

Published

on

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.
Continue Reading

Business

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

Published

on

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.

Continue Reading

Cover Of The Week

Trending