Business
EXCLUSIVE INTERVIEW: ‘BRITISH Government: A Thief & Dictator’-Steve Franklin, President, Nigerian American Press Association
HE is originally from Europe, an American widely traveled journalist, a historian, opinionated writer, an author, President of Nigerian American Press Association (NAPA) a famous media association of Nigerians and American journalists with over 100 memberships. He’s a very outspoken media professional who passionately follow events in Africa. He hates cheat, lies and dictatorship. In this 30 Minutes interactive session with SAMSON SHOAGA, NAIJA STANDARD EDITOR, Steve Franklin give reasons why he condemns British Government as a Thief and Dictator. He chronicles several vices imbibed in Britain as they continually squanders Nigeria’s Stolen Wealth kept in Britain’s Bank Account for their own rapid development. Also, he talked about the latest show of shame by David Cameron in UK Anti-Corruption Summit.
Q: How do you view the on-going Anti-Corruption Summit in Britain?
A: As far as I am concerned, I know that from the outset of United Kingdom Anti-Corruption Summit, David Cameron, British Prime Minister had convened that meeting to embarrass and disgrace Nigeria, which was why he referred to ‘Nigeria and Afghanistan’ as two most corrupt nations in the world during his pre-summit chat with Queen Elizabeth II. Were it not the video camera that captured that scathing and derogatory statement, Cameron could have denied he did not utter it. Britain is not a saint, but very corrupt. In the present list of Transparency International Corruption Index, UK occupied 10thposition with Germany, Luxembourg.
You are aware in the UK Anti Corruption Summit, Cobus de Swardt, Managing Director of Transparency International reacted to Cameron comments regarding Nigeria, Afghanistan as ‘Most Corrupt’ when he said: ‘There is no doubt that historically, Nigeria and Afghanistan have had very high levels of corruption, and that continues to this day. But the leaders of those countries have sent strong signals that they want things to change, and the London Anti-Corruption Summit creates an opportunity for all the countries present to sign up to a new era. This affects the UK as much as other countries we should not forget that by providing a safe haven for corrupt assets, the UK and its Overseas Territories and Crown Dependencies are a big part of the world’s corruption problem.’
I can tell you that majority of British politicians and Nigerians are presently condemning Cameron for trying to place Britain as a saint, immunized from stealing. In Africa, I have heard lots of people say ‘A Pot cannot be calling the Kettle Black.’ May be you don’t know yet, British opposition politicians and anti-corruption campaigners have said Cameron was ill-placed to criticize Nigeria when Britain’s own record on combating corruption was less than glorious.
Unilaterally, they have said that corrupt politicians and business people from Nigeria and many other countries have laundered their ill-gotten gains in Britain’s property market, while London also has ties to numerous tax havens routinely used to hide stolen money to develop their country. There will be an Agreement to be signed at the end of the summit on Reparation of Nigeria’ stolen funds in United Kingdom.
Q: Are you sure after Nigeria may have signed the Agreement on Stolen Funds Reparation, the UK Government will return the money?
A:Based on Britain’s body language, I am sure they are not ready to return Nigeria’s stolen funds stashed in various banks which I will reveal shortly soon. They act and see themselves as Dictator, suffering from Colonial Master’s Syndrome. They want to use Nigeria’s stolen funds to build and rapidly develop their own nation to their optimal satisfaction. When they are through, they will then recycle same stolen funds into their banks and begin to give to Nigeria in piece meal after a long waiting period. They will then attach stringent conditions for Nigeria to follow in implementing the piece meal funds reparation. If they feel that the returned funds is not well executed according to British laid down rules, they will delay releasing other stolen funds.
My position is further confirmed by a reported statement from British High Commissioner to Nigeria, Paul Arkwright, who said that the UK government had no plan to keep the money, but there are certain legal requirements that Nigeria had not met to ease the recovering of the money. He agreed the money belong to the Nigerian people but left a caveat that they ‘need to make sure that the money is well spent when it returns to Nigeria’. They need to make sure they ‘can do that in a proper way, which is fully in compliance with the British law.’ What an insult. Nigeria is a Sovereign nation like Britain, with laid down rules on procedures. Britain must do away with its Master-servant mentality. They cannot enforce British laws on Nigerian laws. That is why I call them Dictator of the highest order. Nigeria had her independence since October 1, 1960, yet you are not willing to let the country grow, progress forward. What a shame…
Q: Can you mention those British Banks where Nigerian politicians in the know of British Government hides Nigeria’s stolen funds?
A: Let me say here that British Government is government built mostly on stolen funds from the money pilfered by some politicians in those countries and kept in their banks. It is strange that UK knows those funds were stolen from Nigeria yet they instruct their banks to collect such funds, so that they may use the funds through backdoor and play it around in a circle, when tired they return the funds into the banks. It is that simple. It will shock you to hear that British banks being used by UK Government to hide Nigeria’s funds are: HSBC, Barclays, Natwest, & Royal Bank of Scotland. Till date, noBritish bank has been publicly fined or even named by the regulators for taking corrupt funds, whether willingly or through negligence.
Recently, an International corruption watchdog said high street banks in the United Kingdom could have helped fuel corruption in Nigeria by accepting millions of dollars in deposits from dubious politicians in the west African nation.
How come five leading UK banks have failed to adequately investigate the source of tens of millions of dollars taken from two Nigerian governors accused of corruption in the past. Robert Palmer, a campaigner at Global Witness corroborated my position when he said ‘Banks are quick to penalise ordinary customers for minor infractions but seem to be less concerned about dirty money passing through their accounts.
He also said ‘Large scale corruption is simply not possible without a bank willing to process payments from dodgy sources, or hold accounts for corrupt politicians in the knowledge of the government.
I strongly share in the belief that Financial Services Authority (FSA) have failed woefully to do more to prevent money laundering through British banks. The fact that they reportedly acknowledged that in accepting the money, Barclays, NatWest, Royal Bank of Scotland (RBS) and HSBC, as well as Switzerland’s UBS, might not have broken the law, is a shame on British Government.
In Britain, banks helps in facilitating corruption. Name one British bank that has been publicly fined or even named by the regulators for taking corrupt funds, whether willingly or through negligence or sacked. In United States, banks that breach the law have been fined hundreds of millions of dollars for handling dirty money. Barclays, HSBC and UBS are all members of the Wolfsberg Group, an international body set up in 2000 to try to improve global anti-money laundering procedures. This revelation was made by Robert based on court documents from cases the Nigerian government has brought in London in an attempt to get funds returned that it said were stolen by two former state governors: Diepreye Alamieyeseigha of Bayelsa state and Joshua Dariye of Plateau state.
Alamieyeseigha was accused of corruption after he was caught with about $1.6m in cash at his London home. He was briefly jailed in Nigeria after pleading guilty to embezzlement and money laundering charges two years later. Dariye was arrested in 2004 in London and was found to have purchased properties worth millions of dollars even though his legitimate earnings amounted to the equivalent of $63,500 a year. James Ibori, a-two time former Governor of oil rich Delta State was arrested for corruption, pleaded guilty and sentenced to 13 year in British prison. Don’t you know Ibori’s stolen fund in UK banks are parts of the money Britain is using for their country’s development?
How about Nigeria’s former minister of Petroleum, Diezani Allison Madueke, who took off to UK to cool off and kept varying staggering amount in UK banks? Though I read in Nigerian papers that she will be prosecuted by the Nigerian Government on how she looted Nigerian National Petroleum Cooperation (NNPC). The questions are: What is happening to those huge funds she stole and kept in British banks? Who manage the funds in UK? How long has these stolen funds been hidden in UK banks? What is British Government doing with the bulk of the money of Nigerian politician accused of corruption? It is not only the person that steals money that is corrupt, the country that hid the stolen funds is far corrupt than the person who stole the money because Britain is by their action saying ‘You may go and steal as a politician, but make sure you bank your stolen finds with us, we will help you take good care of it.
Q: Which other reasons do you have to have labeled Britain a Thief nation?
A: Majority of Nigeria’s stolen artifacts which the UK Government used in decorating their British Museum in London dates back to over 500 years ago. Majority of the artifacts were stolen by British aunthorities on the soil of Nigeria from Benin Kingdom. Very famous Benin bronze plaques stolen in 1897 when the British launched a punitive expedition to the venerable Benin City, heart of an old kingdom headed by a Royal King Oba Ovonramwem. UK Troops sack ed his palace purposely to steal Nigeria’s assets, eventually stole the bronze plaques that detailed the history and customs of the kingdom and exiled him-turning the kingdom into part of modern day Nigeria. How would you describe the British Government in this scenario, is that not a Thief? One of the Nigeria’s stolen famous artifacts is: Okukor.
Let me remind you that after the sacking of Benin Kingdom, the bronzes were taken by the British to pay for the expedition. The Foreign and Commonwealth Office sold them off, and around 900 ended up in the world’s greatest museums, including the British Museum, which has one of the largest sets. One of the sculptures, the bronze cockerel known as Okukor, ended up at Jesus College after it was donated by Captain George William Neville, a former British Army officer whose son had been a student there. The gift was fitting; the cockerel is the mascot of the college, after the surname of its founder, Bishop John Alcock.
The sculpture in question depicts a proud, strong animal – an embodiment of power. Though its value is not clear because so few bronzes have been sold recently, in 1989 a bronze memorial head from Benin was auctioned at Christie’s in London for more than £1 million. The Benin Bronzes are a set of artworks created by the Edo people for centuries starting from the 13th Century to celebrate the Benin Kingdom. When colonialists first discovered the pieces adorning the Oba’s royal palace, they were amazed that such incredible artwork could be created by people so ‘primitive’. Also stolen is Elgin Marbles, a Greek statute, which the British Government manipulating to claim.
When the Benin Bronzes first arrived in Europe, they transformed the way people saw Africa. Europeans were surprised that Africans — a people whom they assumed to be backward — could make such refined artwork. Till date, they remain some of the most celebrated artworks to emerge from Africa, but much like Greece’s Elgin Marbles, they are mired in controversy due to the circumstances in which they were acquired. Can you now tell me if Britain is not a Thief?
Business
Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing
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.
Business
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025
By femi Oyewale
Business
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.
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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