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Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

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Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

Continue to speak out against all forms of injustice to yourselves and others, and you will set a mighty example for your children and for future generations.”
— Bernice King
Martin Luther King Jr. once said, “Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.”  This aptly described the mood of Investors of leading global financial platform Afriq Arbiritage System as they  demanded for justice against  Abayomi Oluwasesan who stole the company’s $87m money and his cronies, Humble Prince Etang, Donald Michael, Fifeyin Awajumo and Michael’s Okoh who have used the instrument of cyber bully and cyber stalking to attack their CEO, Jesam Michael.
Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice
Also, they have unanimously condemned the ungodly role of the legal practitioner of the accused, Maxwell Opara, who has been narrating a dangerously false narration about the incident knowing full well that the perpetrators of these alleged crimes are the villain not the victims.
Consequently, some representatives of the global community of AAS known as Spartans have penned an open letter condemning the unfortunate incident against their CEO and the company. Excerpts…
Maxwell Opara must be called to order by the Nigerian Bar Association (NBA).
The Spectacle created by the so-called Maxwell Opara, a lawyer hired by ponzi hawks led by one Michael Okoh has exposed the short-comings of the legal profession in the country.
It’s so daft and unprofessional for a supposed lawyer to go to the press and talk about a case ongoing in court. A case he is himself representing in the court of law.
Those he is representing are tied to the chief culprit that is Abayomi and we believed by now as a lawyer he should have gotten all the facts related to the case he was brought in to litigate.
The accused, Abayomi has since confessed to his crime of stealing a whooping 87 million dollars from the confers of AAS. His lawyer has publicly stated this in court. How then Opara was not so informed as to guide his utterances?
This indiscretion on the part of a lawyer cannot be swept under the carpet. Whatever his motives are, we know he is part and parcel of the propaganda machinery to bring down AAS and its CEO, which is a defeated endeavour as everyone already knows. Their plot has failed as the truth is already in the public domain.
While AAS and its CEO will never take the laws into its hands, we are calling on the Nigerian Bar Association (NBA) to effectively call their member to order, and impose disciplinary measures for such flagrant flouting of the legal profession’s code of conduct.
However, irrespective of what the NBA do or fail to do, the security agencies have taken the lead to call him to order as a polite invitation to turn himself in to the Nigeria Police Force or be arrested has gone out. The choice is his to make.
As stated before, there are consequences for our words and actions. The said assault on him as reported by some media pools is a misinformation. Opara was never assaulted by the complainant. He was stopped from further spreading lies about a case in court of which the obvious is clear;  that ABAYOMI OLUWASESAN, has confessed to stealing 87 million dollars from AAS.
We should also remember, Abayomi was an employee of AAS, with the knowledge of the key codes to the system, a privilege afforded him by the CEO in trust which he swiftly betrayed.
He did not hack the system, because the system is unhackable. He simply entered because he has the keys. No one has the keys to a door and rather break in, they simply go in with the keys.
So gentlemen of the press, Abayomi stole from AAS, and every lawyer involved in this case must go the extra mile to get to the bottom of the truth before saying anything about the case.
Maxwell must be disciplined and possibly disbarred for bringing shame to the law profession. AAS will leave no stone unturned and will not fold its arms while naysayers and haters run riot.
Never Again.
RICHARD
This is pretty absurd that individuals and institutions make comments without appraising themselves of the circumstances or the facts. 
A crime was not committed against Maxwell Opara, a crime was committed against Investors and the CEO of the company they invested in, Afriq Arbitrage Systems. The defendants Maxwell Opara is representing, have already been deeply apologetic of their actions and the principal defendant, Mr. Abayomi has even confessed to the crime of stealing 87 Million dollars from the coffers of AAS.
Maxwell Opara takes sensationalism to the next level when he demonstrates his limited knowledge of the case by stating that the money that was stolen was 100 Million dollars… In so doing, he perjured himself and deeply affected his credibility in exercising his legal profession.
What I see playing out here is a drama where most actors are attempting to have their 5 minutes of fame in the spotlight. This case is huge, and such actors like Maxwell Opara, do not have to be paid any attention to as they attempt to have a spin off show on this main event. The law is going to deal with Maxwell, and as for the rest of us investors, we shall drown the noise and concentrate on how to get our stolen investment of 87 Million dollars from Mr. and Mrs. Abayomi.
Opara’s actions have raised serious concerns about legal ethics and the objectivity of legal practitioners.
The situation involving Maxwell Opara, who was responsible for defending individuals in a cyberbullying case, has taken a dramatic turn. While Opara was representing Michael Okoh, Humble Etenge, and others, another legal matter involving Abayomi Oluwasesan and Afriq Arbitrage System came to light.
Abayomi’s involvement in a $87 million theft and subsequent confession added a layer of complexity to the situation. Despite not directly representing Abayomi in legal proceedings, Opara was seen commenting on the case between Abayomi and Afriq Arbitrage System.
Opara’s actions have raised serious concerns about legal ethics and the objectivity of legal practitioners. This revelation highlights the paramount importance of upholding ethical standards and integrity within the legal profession.
The consequences of Opara’s conduct underscore the necessity for transparency and accountability in the legal field. This scandal serves as a stark reminder of the risks associated with allowing personal gain to compromise the pursuit of justice and the equitable execution of the law. It serves as a cautionary tale about the importance of maintaining ethical standards in legal practice to uphold justice and fairness.
This Lawyer goofed 
He contravene the rules  of Professional Ethics  as Legal Practitioners in Nigeria
Once a case is under the jurisdiction of a Court, it’s a common principle of judicial practice that none, not even the parties involved, nor any lawyer engaged for that matter must go to the media to begin another trial or hearing. It’s Contempt of the Court. The Court usually frowns at such conduct.
A case is subjudice when anyone goes outside the court to make any forms of comment, conference or conclusion with respect to such a case.
The Maxwell Okpara stands to be seriously reprimanded with the appropriate sanctions by the Legal Practitioners Disciplinary Committee.
In addition to the police investigation ongoing against Maxwell Okpara, I humbly advise once again that our AAS Legal Team submit a Petition to the Legal Practitioners Disciplinary Committee ( LPDC ) against Barr. Maxwell Okpara for his breach of the rules of Professional Ethics which forbids Lawyer from discussing or granting interviews with respect to matters or proceedings ongoing in the Courts.
I felt ashamed of Maxwell Okpara conducts as a Lawyer too when I saw him delved into the live issues already before the Court in his Press interviews.
This is too bad for a Lawyer’s conduct!
Our AAS Legal Team appears more professional and must be guided always too, because the Newshounds would always come to them to scoop or scout for headlines.
When approached by the media, all a Lawyer could say is “ the Court has spoken, the next date of adjournment is “xyz “ it is subjudice to say anything further on this case. Thank you gentlemen of the Press for your interest .
Pronto ! You discharge the Press and go your way .
This is best practice we all learn as Lawyers.
Anyone as a Lawyer , including Maxwell Okpara who contravene the rules must face the consequences of their actions.
LEKAN OLANISEBE

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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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